Practical legal guidance on QSBS (Section 1202), equity compensation, startup formation, financing, and Washington State tax issues for founders, investors, and startup employees.
A Washington company’s headquarters generally does not make its dividends taxable to a Nevada shareholder holding the stock as a personal investment. But the federal tax at both levels still matters.
How Washington’s B&O credit reduces the new income tax, flows through to business owners, and works with the required addback. Includes a $20,000 example.
The IRS just published the first inflation adjustments to the expanded QSBS rules from last summer’s One Big Beautiful Bill Act. If you are raising, issuing, or planning an exit around qualified small business…
Bottom line: Treasury and the IRS just designated 6,576 new Qualified Opportunity Zones, and they take effect January 1, 2027. Opportunity Zones are now permanent. So if you, your investors, or your employees will…
Ten ways to reduce or avoid Washington's new 9.9% income tax before 2028, including income timing, Roth conversions, residency, QSBS, retirement contributions, and tax credits.
Under ESSB 6346, receipts that can't be assigned to a state drop out of the receipts-factor denominator. For a Nevada owner of a consulting firm, that raises the Washington share. Whether Nevada receipts drop out too is an open question.
Moving from WA to NV with time in CA? Day counts can decide a residency fight. Contemporaneous app logs beat memory. Which apps to consider.
Early I-645 returns favor keeping Washington’s income tax. What the vote tells us, what it leaves to the courts, and why planning still matters.
How not to screw up your 10x basis, which could be worth far more than the $15 million cap.
In one illustration, an NBA team practicing in Seattle owes about $6.5M a year in city payroll taxes on player pay; practicing outside, about $2.2M.
