529 Plan and State Tax Benefits

529 Plan, Federal and State Income Tax Benefits

A 529 plan is a type of tax-advantaged savings account for higher education costs. K-12…

Tax benefits to help offset the cost of making businesses accessible to people with disabilities

Issue Number: Tax Tip 2023-66 When employers hire people with disabilities or make their business accessible…

Washington State Taxation : Capital Gain Excise Tax.

INTRODUCTION Washington does not impose income tax. Starting from 1st January 2022, the state started…

Missed the Tax Day deadline? Here’s what taxpayers should do.

Taxpayers who missed the recent April filing and payment deadline should know their obligations and…

When an IRS letter arrives, taxpayers don’t need to panic, but they do need to read it

Getting a letter from the IRS can make some taxpayers nervous – but there’s no…