High Net Worth Individuals Archive
Tracking the IRC Section 4960 “Covered Employee” Expansion: What Notice 2026-36 Tells Us and What’s Still Coming
Introduction The IRS has signaled how it will interpret the One Big Beautiful Bill Act’s (OBBBA) expansion of the executive compen… Read More
The One Big Beautiful Bill Act: The New Tax Law Overview
1/30/25: Updated to include clarifications to Income and Deducations. 12/4/25: Updated to include changes to Major Tax Changes for… Read More
IRS Plans to Discontinue Paper Checks for Payments and Refunds
Written by Paul Nguyen and Fran Olson, CPA, MST According to a recent announcement, effective September 30, 2025, the Internal Rev… Read More
2025-2027 Washington State Budget: How New Taxes May Affect You
Updated 5/27/2025 to reflect final changes to the budget and associated tax laws upon receiving the governor’s signature. O… Read More
Washington Capital Gains Taxes in Mergers and Acquisitions
In 2021, the state of Washington enacted a 7% tax on certain long-term capital gains, effective for gains recognized on or after J… Read More
Tax Provisions are Expiring After 2025. What Does That Mean for You?
The Tax Cuts and Jobs Act (TCJA) from 2017 provided the most sweeping tax law changes in over 30 years and saved the vast majority… Read More
Washington Capital Gains Tax: Year-End Considerations for Taxpayers
Coauthored by Leslie Hurt, Tax Principal and Kevin Zhang, Tax Senior Traditionally year-end is a time when many people review inve… Read More
Retirement Accounts: How to Un-save
Google “saving for retirement” and you’ll be provided with a plethora of helpful articles. They will tell you why you should save,… Read More
Form 1099-K Reporting Requirements: Overview Q&A
With the new reporting threshold, you may now be responsible for filing Form 1099-K. Learn what this form is, why it matters, and how you can meet reporting requirements. Read More
The Clock is Ticking: 5 Reasons to Make Substantial Gifts Now vs. Later
Are you considering making a substantial gift? Here are five reasons to act sooner than later: 1. Lifetime Gift Tax Exemption is a… Read More
