So much can be said, written and analyzed about the start of Jarred Kelenic’s season and his long homer today. seattletimes.com/sports/mariner…

Opinion: Department of Revenue publishes preliminary draft rules for capital gains tax. tinyurl.com/yckjnmk5 #Opinion #Columns #RepChrisCorry #WashingtonPolicyCenter #WashingtonStateDeparmentOfRevnue #CapitalGainsExciseTax #CapitalGainsTax #WashingtonState #ClarkCountyWa

New ERC FAQs issued which echo recent IRS communications. irs.gov/coronavirus/fr…

The IRS will immediately stop processing new claims for the pandemic-era employee retention tax credit at least through the end of the year in an effort to combat fraud. btaxgo.com/3EVUpRM

Opening night t-shirts #RipCity

MICHAEL PENIX JR, WHAT HAVE YOU DONE⁉️ A Heisman-worthy play from the Huskies QB 🔥 📍Nissan

Inflation Causes IRS to Raise annual exclusion gifts to $18,000 and Tax Brackets, Standard Deduction by 5.4% - The Wall Street Journal apple.news/A_I3ThW3GS3SWu…

Heard on the Street: tax-loss harvesting is the real deal–something for nothing, as long as investors don’t fall afoul of the IRS’s wash-sale rule on.wsj.com/48cNwvM on.wsj.com/48cNwvM

Michael Penix Jr. vs Texas

Royal Oaks Country Club wins in court; Vancouver golf cub wanted initiation fees wholly deductible columbian.com/news/2024/jan/…

not the end of the fight to overturn this. still have possible vote on the ballot in November.

Two tax proposals in Congress are getting attention. One would offer tax breaks for businesses and low-income families. The other would repeal the federal estate tax. forbes.com/sites/kellyphi…

#TaxTwitter: The #IRS has released tax inflation adjustments for tax year 2025. Changes to more than 60 tax provisions may affect your clients when they file their returns in 2026. ow.ly/RNWH50TQSeh

Update on electronic filing of gift tax returns, per article in Tax Notes - this will not be happening until the 2025 year now. #TaxTwitter

Washington has increased the capital gains tax standard deduction to $270,000 for 2024. #TaxTwitter dor.wa.gov/taxes-rates/ot…

The $150,000 threshold for passive activity losses was set back in 1986. Every year the threshold remains unchanged, thousands more middle-class families lose their chance at building financial security. bit.ly/4jzUgtQ #tax

Liz Weston: Medicare recipient should spend down their HSA to avoid heir’s tax burden oregonlive.com/business/2025/…

#taxtwitter these entities will no longer deduct state taxes under the OBBB

Under OBBBA, the deduction has been expanded to include a permanent “above-the-line” deduction for taxpayers who do not itemize. Beginning in 2026, taxpayers who dont itemize can claim a deduction of up to $1,000 ($2,000 for those taxpayers who are MFJ) 60% of AGI mad permanent