Washington concluded an eventful legislative session with the largest set of tax increases in the state's history. This Update focuses on two significant changes that affect Washington residents and a senate bill proposal...more
6/4/2025
/ Capital Gains Tax ,
Estate Planning ,
Estate Tax ,
New Legislation ,
Proposed Legislation ,
State Taxes ,
Tax Policy ,
Tax Rates ,
Tax Reform ,
Washington ,
Wealth Tax
Taxpayers are required to take minimum annual distributions, commonly referred to as required minimum distributions (RMDs), from their Individual Retirement Accounts (IRAs) and certain other defined contribution plans (e.g.,...more