Page 3
Lawmakers in Olympia are pushing a new statewide payroll tax modeled after Seattle’s JumpStart tax. The proposal would hit large employers—those more than $7M in payroll in the prior calendar year.
2025 has already brought several noteworthy changes to U.S. tax and corporate law that will affect tech founders, early‑stage employees and investors.
Can You Exercise a Stock Option With a Nonrecourse Note and Start Your QSBS Holding Period?
By Joe Wallin What this post covers: Section 280G ("golden parachute") taxes are triggered when compensation connected to a change of control (cash, accelerated vesting, retention bonuses) exceeds...
Washington’s capital gains tax applies only to long-term capital gain recognized for federal purposes.
Don’t Accidentally Disqualify Your QSBS by “Resetting” It Congress is considering the One Big Beautiful Bill Act (OBBBA), which would expand the QSBS exclusion but only for stock issued after July 4...
Many Washington founders are surprised by how the state’s new capital gains tax interacts with the federal Qualified Small Business Stock (QSBS) exclusion under Section 1202.
Seattle voters approved Proposition 2 on 4 November 2025, ushering in a major overhaul of the city’s business and occupation (B&O) tax.
Seattle’s payroll expense tax—often called the JumpStart Tax—continues to be a major cost factor for employers with a significant presence in the city.
In late 2021, The New York Times ran a feature titled “A Lavish Tax Dodge for the Ultrawealthy Is Easily Multiplied.
