2023 Year End Tax Planning Strategies

2023 Year End Tax Planning Strategies

Five Ways You May Reduce Your 2023 Tax Bill There is still time to implement some of these tax reducing strategies before you say good-bye to 2023 and welcome in 2024. From fully maximizing your tax-advantaged accounts to donating to charities, here are five...
How Do You Opt-Out of Washington State’s Long-Term Care Tax?

How Do You Opt-Out of Washington State’s Long-Term Care Tax?

Update as of June 22, 2023 The Washington State Long-Term Care tax will go into effect on July 1, 2023. The tax applies to all WA state employees, except for individuals who received an approved exemption. The payroll tax will cost employees $0.58 per $100 of wages. The following informatio...
Washington State’s New Capital Gains Tax

Washington State’s New Capital Gains Tax

Does this New Law Apply to You? You may have recently heard about a new tax ruling that applies to capital gains in Washington state. The news about this ruling may have left you wondering what the capital gains tax is and whether it applies ...
The Tax Benefits of Purchasing an Electric Vehicle

The Tax Benefits of Purchasing an Electric Vehicle

With global warming on the rise countries around the world are attempting to go carbon neutral to help mitigate the consequences to come. In order to help, the US Federal government is offering a Tax Credit with the purchase of qualified electric vehicles.[/e[/e[/e[et...