Thinking about changing your Washington state residency to legally avoid estate taxes or capital gains taxes? A state form provides insights.| Evergreen Small Business
Washington state's new estate tax may result in income in respect decendent (IRD) getting taxed at 92 percent rate.| Evergreen Small Business
For decedents dying after July 1, 2025, Washington raises its top estate tax rate to 35%, highest in nation.| Evergreen Small Business
Washington state taxes the estates of high-net-worth residents and high-net-worth nonresidents who own property in the state. The tax rates start at 10 percent and rise as high as 35 percent. Thus, estate tax amounts quickly get large. Deductions Protect Most Taxpayer’s Estates Fortunately, the state provides a couple of big deductions and both are […] The post Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025 appeared first on Evergreen Small ...| Evergreen Small Business
Use this Calculator to estimate Washington state estate taxes under the new rules starting in 2025 if SB 5813 becomes law| Evergreen Small Business
The Tax Cuts and Jobs Act of 2017 presented an opportunity by significantly raising lifetime gift and estate tax exclusions, but this window is closing soon. With the exclusions set to expire at the end of 2025, there is an urgency to plan your gifts sooner than later.| QuickRead | News for the Financial Consulting Professional
You can use the Washington state estate tax calculator to estimate the estate taxes you or someone else will owe.| Evergreen Small Business