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Newly Enacted Legislation Makes Significant Tax Changes

On July 4, 2025, President Trump signed ”An Act to provide for reconciliation pursuant to title II of H. Con. Res. 14” (formerly known as the “One Big Beautiful Bill Act”) (the Act), comprehensive tax reform legislation that...more

New Washington State Personal Property Tax Exemption for Certain Renewable Energy Generation and Storage Facilities

Beginning with taxes levied for collection in 2025, a newly enacted Washington property tax statute provides an exemption from the state-imposed portion of personal property tax for qualified personal property used for the...more

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