Taxes Unique to Washington State: Some of the Taxes Washington Residents and Businesses Encounter
Washington is one of the few states without a traditional personal income tax on wages. However, the state relies on a broad mix of excise taxes, business taxes, sales taxes, and other revenue sources to [...]
Washington Income Tax Repeal Initiative Certified for November Ballot
Washington voters will have the opportunity this November to decide the future of the state's newly enacted income tax on high-income households. The Washington Secretary of State has officially certified Initiative IP26-645 for the November [...]
IRS Increases Standard Mileage Rates Effective July 1, 2026
Businesses, self-employed individuals, and taxpayers who deduct vehicle expenses should be aware of an important mid-year change from the Internal Revenue Service (IRS). Effective July 1, 2026, the IRS has increased the optional standard mileage [...]
Washington Gas Tax Increases Again on July 1: What Drivers and Businesses Need to Know
Beginning July 1, 2026, Washington drivers will once again pay more at the pump as the state's fuel tax increases under legislation approved during the 2025 legislative session. While the increase may appear modest on [...]
Seattle Faces Growing Budget Deficit: What Businesses and Taxpayers Should Be Watching
Seattle's Budget Shortfall Highlights Challenges of Declining Tax Revenues in a Slowing Economy Seattle officials are once again confronting a significant budget challenge, with recent projections showing a budget shortfall approaching $488 million over the [...]
IRS Penalty Refunds and COVID-Era Relief: July 10, 2026 Deadline Approaching
Update: Court Ruling Finalized — Refund Claims Must Be Filed by July 10, 2026 June 2026 Update Since this article was originally published https://pivotalaccountant.com/millions-of-taxpayers-may-be-eligible-for-irs-refunds-or-penalty-relief/ A federal court ruling in Kwong v. United States has confirmed [...]
