John R Brown Accounting Inc

John R Brown Accounting Inc Full Service Tax & Accounting for individuals and small businesses.

Payroll Preparation and compliance reporting, sales tax reports, Quickbooks concerns and IRS issues.

If the IRS has a question about your tax return, hasn’t received a payment due or has made adjustments to something you’...
11/21/2025

If the IRS has a question about your tax return, hasn’t received a payment due or has made adjustments to something you’ve filed, it will notify you with a letter or notice sent via the USPS. The letter will provide instructions on how to respond, which might include sending copies of records the IRS requires. But what if you disagree with the tax agency’s assessment of a situation? Follow the instructions included in the notice and keep copies of everything you mail to the IRS for up to three years. You can also contact us at (360) 336-6511 for help with any tax dispute.

College costs like tuition, books, computers and, generally, room and board have long qualified for tax-free 529 plan wi...
11/19/2025

College costs like tuition, books, computers and, generally, room and board have long qualified for tax-free 529 plan withdrawals, with no annual limit. For elementary and secondary school expenses, the limit has been $10,000 per year per student, with only tuition qualifying. Starting with expenses incurred after July 4, 2025, additional K–12 expenses like books and instructional materials also qualify, with the cap increasing to $20,000 per year in 2026. Also effective after July 4, 2025, certain credentialing programs qualify. Call us at (360) 336-6511 to discuss how to make the most of 529 plans.

The chart of accounts is the foundation of a company’s bookkeeping. It organizes every dollar that comes in or goes out....
11/18/2025

The chart of accounts is the foundation of a company’s bookkeeping. It organizes every dollar that comes in or goes out. But if your chart is cluttered, inconsistent or poorly structured, your financial reports will be, too. Clear account groupings, consistent labels and alignment with your reporting goals are essential for meaningful financial insights. Contact us at (360) 336-6511 to help design a chart of accounts tailored to your business. We’ll make it detailed enough to guide decision-making, but simple enough to stay manageable.

In many respects, estate planning for single parents is similar to estate planning for families with two parents. Single...
11/17/2025

In many respects, estate planning for single parents is similar to estate planning for families with two parents. Single parents want to provide for their children’s care and financial needs after they’re gone. But when only one parent is involved, certain aspects of an estate plan demand special attention. One example is selecting an appropriate guardian. What if you become incapacitated or die suddenly and the other parent is unavailable to take custody of your children? Does your estate plan designate a suitable, willing guardian to care for them? Contact us at (360) 336-6511 for assistance.

One of the lesser-known provisions of the One, Big, Beautiful Bill Act is a new deduction for certain vehicle interest. ...
11/14/2025

One of the lesser-known provisions of the One, Big, Beautiful Bill Act is a new deduction for certain vehicle interest. This provision allows taxpayers to deduct up to $10,000 in interest on loans to buy new cars, minivans, vans, SUVs, pickup trucks and motorcycles. Vehicles must be purchased for personal (not business) use and final assembly must occur in the United States. This deduction for qualified loans made after 2024 and before 2029 is available to both itemizing and non-itemizing taxpayers. However, limitations apply. Used and leased vehicles don’t qualify, and the deduction phases out for modified adjusted gross income above $100,000 (individuals) and $200,000 (joint filers). Contact us at (360) 336-6511 with any questions.

Sure, 401(k) plans can help you save for a secure retirement. But they may offer another important benefit — hardship wi...
11/12/2025

Sure, 401(k) plans can help you save for a secure retirement. But they may offer another important benefit — hardship withdrawals. If you need emergency cash for medical bills, tuition or funeral costs (among other eligible expenses), you may be able to withdraw funds from your 401(k) account. Unlike loans, hardship withdrawals don’t have to be repaid. But you'll need to pay income tax and possibly a 10% early withdrawal penalty. Contact us (360) 336-6511 for details.

A sound succession plan is a must for every business owner. But even the best-laid strategies can go awry. In fact, it’s...
11/11/2025

A sound succession plan is a must for every business owner. But even the best-laid strategies can go awry. In fact, it’s not unusual for changing circumstances to affect the feasibility of a succession plan. We’d be happy to review the strengths and potential weaknesses of yours. And if you don’t have a succession plan yet, we can help you create one. Please contact us at (360) 336-6511.

Businesses involved in some clean energy projects and products are hurt by the One Big Beautiful Bill Act. That’s becaus...
11/10/2025

Businesses involved in some clean energy projects and products are hurt by the One Big Beautiful Bill Act. That’s because it accelerates the phaseout of certain tax credits and adds new restrictions to tax breaks related to solar, wind, and hydrogen power and electric vehicle charging stations. The dates that clean energy tax breaks end vary. Some may be available until 2026 or 2027. Contact us at (360) 336-6511 if you have questions about your situation. The date that projects begin construction is critical.

Did you know that the IRS has information and tax forms translated into seven languages other than English on its websit...
11/07/2025

Did you know that the IRS has information and tax forms translated into seven languages other than English on its website? Taxpayers can select their preferred language at the top of this page: https://bit.ly/3ICUO0V. The seven languages include Spanish, Vietnamese, Russian, Korean, Haitian Creole, Traditional Chinese and Simplified Chinese. In addition, the tax agency has a dedicated “Languages” page that provides general tax information in 20 languages, including Italian, Portuguese, Punjabi and French. Visit: https://bit.ly/3Fb6Lw7. If you need help preparing your tax return or have a tax-related question, contact us.

You may want to offer employees a retirement savings plan, but they can be expensive and complex. What’s a small busines...
11/05/2025

You may want to offer employees a retirement savings plan, but they can be expensive and complex. What’s a small business owner to do? Consider a simplified employee pension (SEP). They’re easy to set up and administer. Requirements are minimal: All workers must be eligible to participate, and your contributions can’t discriminate in favor of highly compensated employees. In 2025, you can contribute up to $70,000 (or up to 25% of compensation) to a worker’s SEP account and deduct the contributions. Contact us at (360) 336-6511 for details about this and other retirement plan options.

If you have a health care FSA, you may need to use your 2025 balance by Dec. 31 or lose it. But some FSAs offer a 2 1/2-...
11/04/2025

If you have a health care FSA, you may need to use your 2025 balance by Dec. 31 or lose it. But some FSAs offer a 2 1/2-month grace period or let you roll over up to $660 for use in 2026. Check with your employer to see what your FSA allows. We can answer questions about what expenses can be paid or reimbursed by your FSA and help you determine whether there are additional year-end tax planning steps you can take related to health care expenses. Call us at (360) 336-6511.

Did you celebrate your 73rd birthday in 2025? If you have money in an IRA, 401(k), SEP or SIMPLE plan, you must take you...
11/03/2025

Did you celebrate your 73rd birthday in 2025? If you have money in an IRA, 401(k), SEP or SIMPLE plan, you must take your first required minimum distribution (RMD) by Dec. 31 (or, potentially, by April 1, 2026). RMDs are annual withdrawals of specified amounts based on your age and the account’s value at the end of the last tax year. For more information about managing retirement income, contact us at (360) 336-6511.

Address

1129 Riverside Drive Ste B
Mount Vernon, WA
98273

Opening Hours

Monday 8am - 5pm
Tuesday 8am - 5pm
Wednesday 8am - 5pm
Thursday 8am - 5pm
Friday 8am - 5pm

Telephone

+13603366511

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