Washington State Ends Sales Tax Exemption on Precious Metals: What This Means for You in 2026
Effective January 1, 2026, a long-standing tax rule in Washington quietly but significantly changed. The state repealed its decades-old sales tax exemption on gold, silver, and other precious metal bullion and coins, meaning these purchases [...]
Why Some Companies Issue 1099s — and Others Do Not
Every year, right around January and February, the same question starts popping up from business owners and independent contractors alike. Someone will call or email and ask, “Why did one company send me a 1099, [...]
January 1 Checklist: Payroll Compliance
January Payroll Compliance Checklist Washington Employers January 1 changes take effect immediately. Employers should complete the following before or during their first payroll run of the year. Payroll System & Rate Verification Confirm all payroll [...]
It’s the start of a new year: Why you should consider a Payroll Compliance Review!
Each January 1 brings a new set of payroll tax changes, contribution rate updates, reporting requirements, and compliance obligations that take effect immediately, often before employers realize adjustments are required. In Washington, these changes frequently [...]
One Big Beautiful Bill (OBBBA): The Tax Write-Off Opportunity Most Americans Don’t Know Exists
The One Big Beautiful Bill (often referred to as OBBBA or the “Big Beautiful Deal”) represents one of the most aggressive expansions of business tax incentives in modern history. While headlines tend to focus on [...]
Gov. Ferguson says he would support a ‘millionaires tax’ in Washington state
OLYMPIA, Wash. — Washington Gov. Bob Ferguson said Tuesday that he would support a proposed “Millionaires’ Tax” on high-income earners, signaling a significant shift in the state’s tax debate while acknowledging the proposal would almost [...]
