Washington's new 9.9% millionaires tax doesn't take effect until January 1, 2028, with the first returns and payments due in April 2029. That … [Read more...] about Washington’s New Millionaires Tax Statistics
Washington state income tax
Washington’s New Millionaire Tax Quietly Limits Charitable Deductions
If you’re a taxpayer likely affected by Washington’s new “millionaire tax?” Or you run a charity in Washington state? Yeah. You want to understand how … [Read more...] about Washington’s New Millionaire Tax Quietly Limits Charitable Deductions
The New Washington Millionaires Tax
The Washington legislature recently passed a new “millionaires tax.” Governor Ferguson signed the bill yesterday. Thus, starting in 2028, high-income … [Read more...] about The New Washington Millionaires Tax
Washington State Millionaires Tax Residency Rules
The proposed Washington state millionaires’ 9.9% income tax comes with residency rules. And some taxpayers will really want to understand those … [Read more...] about Washington State Millionaires Tax Residency Rules