News & Updates

2026 Washington Legislative Wrap-Up

The Washington Department of Revenue released its Summary of 2026 Legislation, covering tax-related bills enacted during the 2026 legislative session. New Topics Insurance Exemptions and Advanced Computing Surcharge HB 2487 clarifies that taxpayers are not exempt from...

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Washington Enacts New “Millionaires Tax”

At a Glance Washington has enacted a new tax aimed at high-income households. Under ESSB 6346, the state will impose a 9.90% tax on Washington taxable income beginning January 1, 2028. This is not a general tax on all income and it is not framed as a tax on wealth or...

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Washington Authorizes Prepayment of Capital Gains Tax

Washington has passed HB 1376, a technical but significant update to the state's capital gains tax procedures. This bill provides a new timing mechanism for taxpayers to better align their state tax payments with federal tax planning. Key Provisions of HB 1376 Early...

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Washington’s ESSB 5814 Penalty Relief Program

A limited-time chance to reduce penalty exposure for newly taxable services Updated: March 03, 2026 Starting Oct. 1, 2025, Washington expanded retail sales tax (and retailing B&O) to several service categories under ESSB 5814. For a plain-English overview of what...

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