Do you own more than $2.193 million in assets? Your estate could face a significant tax bill in Washington State when you pass away. Washington has one of the highest estate tax rates in the country, ...
However, 12 states and Washington, D.C., still impose an estate tax, and five states have an inheritance tax. Maryland has ...
At $13.99 million for 2025, the federal estate tax exclusion is the largest it has ever been, but it will be reduced by half in 2026, which you can read more about in this advisory. Regardless of ...
Facing a projected budget deficit of $12 to $16 billion, Governor Bob Ferguson signed several bills into law this week which will significantly increase taxes in Washington State. An overview of the ...
Washington doesn’t have a state income tax, but that doesn’t mean filing your taxes is easy in the Evergreen State. Between federal income taxes and the state’s property tax, capital gains tax and ...