Congress’s 2021 “Corporate Transparency Act” requires certain types of U.S. and foreign entities to report information beginning January 1, 2024, about the entity’s beneficial owners to the United States […]
Articles and Updates
Washington State’s new long-term capital gains tax
The Washington State Supreme Court has recently ruled that the excise tax on long-term capital gains is constitutional and valid. As such, the Washington State Department of Revenue will continue collecting the tax which is due April 18, 2023.
Washington State’s new employer withholding requirement regarding bonuses and lump-sum payments.
The Washington State Legislature recently passed House Bill 1262 “Establishing a lump sum reporting system” requiring employers to report bonuses and lump-sum payments to the Washington State Division of […]
Washington State’s new long-term capital gains tax
The Washington State Supreme Court has recently ruled that the excise tax on long-term capital gains is constitutional and valid. As such, the Washington State Department of Revenue will […]