Karl A Weiss’s Answers

Karl A Weiss

Seattle Corporate / Incorporation Lawyer.

Contributor Level 6
  1. As a single person consultant, should I incorporate? If so, as an LLC, C-Corp, S-Corp, other? Thx

    Answered over 4 years ago.

    1. Stuart Alan Heller
    2. Karl A Weiss
    2 lawyer answers

    Your questions implicate both legal and tax issues. From a legal perspective, it would generally be advisable to form some sort of limited liability entity from which to operate, especially if you will be hiring employees in the future. This will provide a certain level of asset protection, if you observe all the formalities of forming and maintaining such entity. Having a comprehensive insurance policy, however, is even more important. Notwithstanding the foregoing, you may be held...

    1 person marked this answer as helpful

  2. I was gifted a car in washington state whats my tax

    Answered over 4 years ago.

    1. Karl A Weiss
    1 lawyer answer

    Washington use tax is intended to supplement the retail sales tax by imposing the same tax rate upon the first "use" of property recevied as a gift within Washington, where the donor has not paid retail sales or use tax with respect to such property. See WAC 458-20-178. If, on the other hand, a donor has paid retail sales or use tax with respect to the gifted property, the property generally should be exempt from Washington use tax under WAC 458-20-178(7)(d). Nevertheless, in the case of a...

    1 person marked this answer as helpful

  3. I have been issued two Dept of Revenue tax Warrants.

    Answered over 4 years ago.

    1. Karl A Weiss
    1 lawyer answer

    As you are likely aware, the tax warrant is a document that the Washington Department of Revenue uses to establish the debt of a Washington taxpayer. When a tax warrant is filed with the Superior Court in the county where the taxpayer owns real or personal property, a lien in favor of the State of Washington is created. The lien encumbers all real and personal property used in the business and owned by such taxpayer. It is under this lien authority that the Department of Revenue can enforce...