Defer tax with a like-kind exchange
Do you want to sell commercial or investment real estate that has appreciated significantly?
Will the standard business mileage go up in 2022?
After two years of no increases, the optional standard mileage rate used to calculate the deductible cost of operating an automobile for business will be going up in 2022.
Postponed – WA Long-Term Care Tax
The WA Cares payroll tax (which was scheduled to begin January 1, 2022) has now been delayed.
Paid Family & Medical Leave Tax
We would like to remind you that the WA Paid Family & Medical Leave tax rate will increase in the new year.
Retail Establishments – Plastic Bag Ban
Please be aware that as of October 1, retail establishments in Washington State are no longer permitted to provide thin, plastic, carryout bags to customers.
New Washington State Long-Term Care Payroll Tax
Washington State House of Representatives passed new legislation related to a publicly-funded Long-Term Care Benefits Program for employees in Washington State.
A brief summary of the American Rescue Plan Act of 2021
On March 17, 2021, the IRS officially postponed the tax return filing and payment deadline
Employee Retention Credit
General Rules Businesses that suffered significant declines in gross receipts in 2020 or 2021 or
2020 Required Minimum Distributions
In response to the Covid-19 pandemic, Congress passed the CARES Act, effective March 27, 2020
Obamacare – Protective Claim for Refund
In February 2018, Texas and 19 other states brought a lawsuit against the federal government