Washington state levies an estate tax on people who die with more than a threshold amount of net worth. For estates created before July 1, 2025 that … [Read more...] about Washington State Estate Tax Calculator
The Section 183 Short-term Rental Problem
So, let's talk briefly about Section 183 and your short-term rental property. It’s summer obviously. You’ve probably been renting the place. Maybe … [Read more...] about The Section 183 Short-term Rental Problem
Advanced S Corporation Tax Planning Secrets
Five million small businesses operate as S corporations. And surely most of those folks know the simple trick for saving money with an S corporation. … [Read more...] about Advanced S Corporation Tax Planning Secrets
Section 174 Software Development Accounting Primer
Okay. So, yeah, Section 174 software development accounting. A bit of mess, right? I hear you. We had more than a few client questions last tax … [Read more...] about Section 174 Software Development Accounting Primer
Backdoor Roth IRAs Really a Smart Idea?
Maybe the last ten individual tax returns I’ve signed? They all included a backdoor Roth IRA. That got me thinking: How much tax do you really save … [Read more...] about Backdoor Roth IRAs Really a Smart Idea?
Estimating Investment Portfolio Returns and Values
Over the last few months, I've encountered investors, advisors and even some financial writers struggling to make or suggest good estimates of future … [Read more...] about Estimating Investment Portfolio Returns and Values
Monte Carlo Safe Withdrawal Rates for Low Expected Returns
I read Antti Ilmanen’s book recently, “Investing Amid Low Expected Returns.” Ilmanen, like many other observers, expects low real returns from stocks, … [Read more...] about Monte Carlo Safe Withdrawal Rates for Low Expected Returns
BOI reports and Your Small Business
You’ll soon need to file a Beneficial Ownership Information report, or BOI report, about your small business corporation or LLC with the U.S. … [Read more...] about BOI reports and Your Small Business
Monte Carlo Simulations Show How Bonds Dampen Investment Risk
Figuring out how much bonds dampen investment risk? Sometimes tricky. You hear people offer bromides. Like "bonds provide ballast." Or "bonds … [Read more...] about Monte Carlo Simulations Show How Bonds Dampen Investment Risk
A CPA Explains Moore v. United States
I want to talk about the Moore v. United States tax case. The U.S. Supreme Court hears oral arguments this week. And to date, the media coverage of … [Read more...] about A CPA Explains Moore v. United States