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...
How Do Cryptocurrency Taxes Work?

How Do Cryptocurrency Taxes Work?

So… tax season is around the corner, and you are holding crypto; what do you need to do when it comes time to file?  For starters, you’ll need to check the box at the top of your 1040 if you owned, bought, or sold any virtual ‘crypto currencies’—as the IRS puts it. With prices over the la...
Tax in the City

Tax in the City

Many high-income earners in Portland and Multnomah County—Oregon’s most populous county—are getting (or will soon get) a rude awakening upon opening their paychecks. Besides paying their usual Federal and State of Oregon income taxes, higher income earners are doing the heavy lifting to pay for the region’s new social programs.[/e[/et...