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IRAs, 401(k)s, and pensions count toward the $1M threshold to the extent they’re in federal AGI; Social Security counts only to the extent it’s federally taxable (0%, 50%, or 85% depending on provisional income). The Roth conversion window before 2028 is the biggest planning opportunity.
If you own an S corp, LLC, or partnership, Washington's new 9.9% income tax hits your pass-through income differently than W-2 wages. Here's how it works and what planning options exist.
The $15 million QSBS exclusion under Section 1202 isn't a hard ceiling. By gifting shares to trusts and family members before a sale, founders can multiply the exclusion. Here's how stacking works.
Oregon SB 1507 decouples the state from the federal QSBS exclusion under Section 1202. Oregon residents who sell qualified small business stock on or after January 1, 2026 may owe full state income tax on gains excluded federally.
Your tax outcome in Washington depends on how you structure your equity, entity, and exit. This post walks through the planning levers founders, investors, and high earners can pull before 2028.
Washington’s 9.9% income tax takes effect January 1, 2028. When is the first payment due, and when do estimated tax payments start? Here’s the timeline for high earners.
If you excluded gain under Section 1202 QSBS, does Washington's new millionaire tax still apply? Here's how the new income tax interacts with the federal QSBS exclusion.
Washington’s proposed jock tax (Visiting Pro Athlete Tax) would tax nonresident pro athletes based on games played in the state, and the idea later reappeared in Section 404 of ESSB 6346.
January is prime time for compliance slip-ups that quietly turn into bigger problems later—loss of good standing, IRS penalties, or unpleasant surprises during fundraising.
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...
