Nonprofit Quick Tip: State Filings in Washington and Oregon
Since 2018, estate planning legislation in Washington has remained stagnant. Increases in our legislated estate tax exemption rate had been tied to a Consumer Price Index that no longer existed, and the legislature largely...more
Beginning January 1, 2022, Washington state will impose a 7 percent capital gains tax on annual long-term capital gains that exceed a $250,000 annual threshold. Individuals subject to the tax are Washington state residents,...more