Washington and Oregon are both overhauling significant pieces of their tax systems in 2026 — and the changes are layered, phased, and in some cases...
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Washington’s Millionaires’ Tax Is Now Law: What High-Income Earners Should Do Before 2028
InsightsWashington's new Millionaires' Tax (SB 6346) is now law — and for high-income individuals, business owners, and families with ties to Washington state, the 2028...
Apr 17, 2026
11 Min Read
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No Tax on Tips and Overtime: How Employees Can Claim New Federal Deductions for 2025 Taxes
InsightsIf you’re like most Americans working in tips or overtime, you’re probably wondering if you’ll actually see more money in your pocket with this. The...
Jan 14, 2026
7 Min Read
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New Tax Deductions for Overtime and Tips: What Employers Need to Prepare for 2026 Reporting
InsightsFederal law now provides tax deductions for overtime and tip income starting with the 2025 tax year. While employees can begin claiming these deductions when...
Dec 17, 2025
8 Min Read
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California Wealth Tax (aka ‘Billionaire Tax’) Update 2025: Why AB-259 Failed and What It Means for Business Owners
InsightsUpdated: September 26, 2025 California's ambitious attempt to tax the ultra-wealthy hit a decisive roadblock in 2024. The broader movement for state wealth taxes continues...
Sep 26, 2025
10 Min Read
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New Mexico Extends Tax Filing Deadlines for Ruidoso Flood Victims
InsightsThe New Mexico Taxation and Revenue Department (TRD) has announced an extension for individuals and businesses affected by the recent devastating floods in Lincoln County's...
Jul 15, 2025
4 Min Read
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New Mexico Tax Changes July 1, 2025: Cannabis, Gross Receipts & Fee Increases
InsightsNew Mexico Tax Changes July 2025: Impact on Your Business Starting July 1, 2025, New Mexico businesses will face significant tax changes affecting cannabis excise...
Jun 10, 2025
8 Min Read
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BOI Reporting Requirement Reinstated: Immediate Action Required
InsightsUpdate: On March 21, 2025, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) announced a significant revision to the Corporate Transparency Act. Beneficial ownership information (BOI) reporting...
Feb 19, 2025
5 Min Read
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Federal and California State Wildfire Tax Relief for Business Owners
InsightsThe devastating wildfires in the Los Angeles area are nearing full containment, but the impact on individuals and those who do business in the stricken...
Jan 31, 2025
6 Min Read
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Update: What Business Owners Need to Know About the Latest BOI Reporting Requirements
InsightsUpdate: On March 21, 2025, the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN) announced a significant revision to the Corporate Transparency Act. Beneficial ownership information (BOI) reporting...
Jan 29, 2025
5 Min Read