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New Long-Term Care Tax

New Long-Term Care Tax

You Can Opt Out of the New Long-Term Care Tax, But Hurry Washington is about to impose a new long-term care tax on every employee in the state. Employers will start collecting the .58-percent payroll tax on January 1 from anyone in Washington who receives a W-2 form....
New Capital Gains Tax

New Capital Gains Tax

Washington State to Start New Tax January 1 Washington state recently enacted a new capital gains tax, set to begin January 1, 2022. The sale of stocks, bonds and other high-value assets that earns more than $250,000 will be hit with a 7 percent tax. The tax is levied...
2021 Tax News

2021 Tax News

Pandemic-Related Changes Behind Latest 2021 Tax News We’ve been dealing with an unprecedented pandemic, and Congress and the IRS are showing uncharacteristic kindness towards taxpayers in response. In case you haven’t kept up on the 2021 tax news, we are offering a...