Back to top

Tax Updates

Tax Updates & Legislation News

This has been an unusually active year for tax legislation. Please check back frequently for further news and updates. 

Please don't hesitate to contact us if you have any questions or concerns about your tax planning. We are available via email or contact our offices at 206.284.1383.


 

WA State Long Term Care Program effective January 1, 2022 – Employee Tax 0.58% of Wages

Click here for a Davis Wright Tremaine summary of the new WA State Long Term Care Program including employee opt-out before November 11, 2021.

On March 10, 2020, Congress approved the American Rescue Plan Act of 2021 (ARPA) which President Biden signed on March 11, 2021. 

Click here for a CCH Summary of the $1.9 Trillion Covid relief package  covering aid for various schools, restaurants, recovery rebates and extension of various payroll tax credits.

‚ÄčOn December 27, 2020 President Trump signed the Consolidated Appropriations act of 2021

Click here for CCH summary of Consolidated Appropriations Act of 2021 signed by President on 12/27/20- Pandemic Relief, Stimulus Payments ($600) and Various Extenders

 

On December 20, 2019 President Trump signed the SECURE Act as part of the Further Consolidated Appropriations Act 2020.

Click  for here a CCH summary of the legislation.

New Retirement Planning Information for 2021 - January 19, 2021

Retirement Plan Type Comparison for 2021 and Plan Contribution Limits for 2021

 

New Washington Business and Occupation Tax Legislation Affects Service Businesses

Click here for summary of legislation effective 1/1/20

 

New Washington State Real Estate Excise Tax Legislation

Click here for summary of legislation effective 1/1/20

 

2018 Year-End Tax Planning under Tax  Cuts and Jobs Act- November 8, 2018

Click here for CCH overview of year end planning under Tax Cuts and Jobs Act

 

Tax Return Due Dates for the 2018 Tax Year - January 11, 2019

Click here  for an overview from the AICPA of the revised tax return due dates that are taking effect for 2018 returns.

 

Washington State Family Leave Act Employer Toolkit- December 20, 2018

Click here for WA ESD Employer Toolkit

 

New Retirement Planning Information for 2018 - December 18, 2018

Retirement Plan Type Comparison for 2018 and Plan Contribution Limits for 2018