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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...