included
Advisory
Monthly performance reports and a standing conversation about pricing, hiring, and cash flow. Not billed by the hour.
How advisory worksOur home base
Accounting, payroll, and tax in Federal Way
Our office is at 33530 1st Way South, Suite 102. If you run a business anywhere between Seattle and Tacoma, your accountant works from the same stretch of I-5 you do.
Federal Way, Washington
Built for how Federal Way does business
Federal Way sits in the middle of the South Sound's working economy: contractors and trades running crews up and down I-5, professional offices around the Commons, franchise operators, and home-service businesses covering King and Pierce counties. That is exactly the client we built the firm for, owner-operated companies selling time and expertise.
The local tax picture
One quiet advantage of a Federal Way address: the city levies no local business and occupation tax of its own, unlike Seattle or Tacoma. You still owe Washington state B&O on gross receipts, and if you do work in cities that have their own B&O, those filings apply too. We track which of your revenue happens where, so multi-city jobs get filed right the first time.
Who we serve in Federal Way
- Contractors and trades
- Professional services
- Home-service businesses
- Optometry and healthcare practices
One package
What Federal Way businesses get for a flat monthly fee
Accounting
Books reconciled monthly in QuickBooks Online, reports in plain English, state and any city B&O filings handled.
Monthly accountingPayroll
Your team paid on time with every payroll tax filed, from Form 941 to L&I to year-end W-2s.
Payroll serviceTax
Liability projected during the year, moves made before deadlines, returns filed. Know your April number by July.
Tax planning & prepFederal Way
Federal Way is home. The rest is a video call away.
Straight answers
Federal Way questions, answered
Can we meet in person in Federal Way?
Yes. Our office is at 33530 1st Way South, Suite 102, Federal Way, WA 98003, Monday to Friday 9am to 5pm. You are always welcome to swing by; most clients prefer video calls because it saves them the drive, and the reports read the same either way.
Does Federal Way have its own B&O tax?
No. Federal Way businesses pay Washington state B&O but no separate city B&O, which is one less filing than Seattle or Tacoma businesses face. If you also do work inside cities that levy their own B&O, we handle those filings for the revenue earned there.
What does monthly accounting cost in Federal Way?
Our Core Package starts at $750 per month flat: bookkeeping, payroll, tax, and advice. You get an exact written number after a 30-minute call.
Nearby
Also serving businesses near Federal Way
Talk to an advisor who knows Federal Way
30 minutes, your latest financials or tax return, and you leave with your numbers and a straight answer on fit.
From the Learning Center
Keep reading: washington taxes
Our clients' reviews
Here is what they say about working with us
I have been doing business with Caro & Associates for about 2 years now; personal and business account and I have wonderful things to say. First of all, they have saved me tons of money, I finally found an accounting company that won't overcharge me and will follow the rules to the "T". Secondly, their customer service is amazing, the Owner Jose Caro came to meet me several times and answer all my questions. The key to a great relationship with any professional is communication, whether it is an email or a phone call they are very timely when it comes to responding. I was so impressed with the service I began to refer my clients and every one of them has been just as pleased.
The team at Caro and Associates are tax wizards. I thought I was going to owe almost $20k and they got me a small refund. I've been working with them as my accounting and payroll team since I opened my small Healthcare practice, Novel Eyes. Jose came highly recommended by several unconnected people and I feel like I'm in very good hands.
Alba has trusted all the accounting needs to Jose and his firm which have contributed a high percentage on our success and expansion. Caro & Associates are highly recognized on their intelligence and skills of book keeping and extremely knowledgeable to locate and isolate each and every issue. We look forward to growing our business with their assistance. Highly recommended.
I have owned/operated multiple businesses in the Seattle area over the years. For years, I have hated AND stressed about taxes every year. Ever since a friend of mine recommended Caro & Associates things have changed. Don’t get me wrong, I still hate taxes, but I don’t stress about them anymore! I really can’t say enough about Jose Caro and Jack Lamb, professional, knowledgeable and most importantly, 100% dependable. I recommend Caro & Associates for year end taxes, both business and personal, acquiring business licenses, business purchases, employee management and doing all the dirty work in business that none of us wants to do!