State Local & Multistate Tax Archive
Washington State Capital Gains Tax: Q&A
Updated on September 26, 2023, to include additional information relating to real estate and terms on capital gains recognized. Up… Read More
Annual B&O Tax Apportionment Reconciliation Due October 31 for Washington State
For business and occupation (“B&O”) tax purposes, taxpayers earning apportionable revenue calculate their taxable Washington r… Read More
Washington Supreme Court Upholds Capital Gains Tax
On March 24, 2023, the Washington State Supreme Court determined that the Washington capital gains tax is a constitutional excise… Read More
What to Know About Pass-Through Entity Taxes
Many states have introduced pass-through entity (PTE) taxes as a workaround to the $10,000 cap on deducting state and local tax (S… Read More
Annual B&O Tax Apportionment Reconciliation Due October 31st for Washington State
For business and occupation (B&O) tax purposes, taxpayers earning apportionable revenue calculate their taxable Washington rev… Read More
Washington Sales Tax Exemption: Sales and Purchases by Not-for-Profits
Public policy favors not-for-profit organizations through various financial incentives. Although Washington is less generous than… Read More
State Taxation of NFTs — What to Know
The mixed characteristics of non-fungible tokens (NFTs) have made them a tricky subject for state taxation. This fact, coupled wit… Read More
The Seattle Payroll Expense Tax – What You Need to Know
This article was originally posted on 8/19/2020. It has been updated to reflect news and updates as of 7/18/2022. 7/18/2022 Updat… Read More