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Washington state millionaires tax residency rules blog post

Washington State Millionaires Tax Residency Rules

February 10, 2026 By Stephen Nelson CPA Leave a Comment

The proposed Washington state millionaires’ 9.9% income tax comes with residency rules. And some taxpayers will really want to understand those … [Read More...] about Washington State Millionaires Tax Residency Rules

Exporting assets outside of Washington state may reduce estate taxes

Exporting Assets Avoids Washington State’s 35% Estate Tax

February 3, 2026 By Stephen Nelson CPA Leave a Comment

The clean, nuclear way to avoid Washington state's new 35% estate tax is change domicile. (Something we've discussed here: Changing Your Washington … [Read More...] about Exporting Assets Avoids Washington State’s 35% Estate Tax

Powerball Lottery Tax Planning

January 7, 2026 By Stephen Nelson CPA

A while back I talked about Lottery Tax Planning … [Read More...] about Powerball Lottery Tax Planning

When Material Participation Really Starts (It’s Earlier Than Most People Think)

December 10, 2025 By Stephen Nelson CPA

Material participation sits at the heart of many … [Read More...] about When Material Participation Really Starts (It’s Earlier Than Most People Think)

Recent Articles

  • Washington State Millionaires Tax Residency Rules
  • Exporting Assets Avoids Washington State’s 35% Estate Tax
  • Powerball Lottery Tax Planning
  • When Material Participation Really Starts (It’s Earlier Than Most People Think)
  • One Big Beautiful Bill’s New R&D Deductions
  • Trump Savings Accounts – Free Money from the Government
  • Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity
  • The Section 168(k) Bonus Depreciation Purchased Requirement
  • Changing Your Washington State Residency
  • The Washington Estate Tax Income in Respect of Decedent Problem
  • Planning for the 35% Washington State Estate Tax
  • Washington State Professional Services Sales Tax
  • Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
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  • The New Big Beautiful Section 199A Deduction
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  • Washington Estate Tax Spousal Personal Residence Exclusion
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Nelson CPA publishes this blog to help and encourage small business owners. Click here to learn more about our firm.

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Use our S corporation tax savings calculator to make a quick estimate of the annual tax savings per owner.

Use our S corporation reasonable compensation calculator to estimate appropriate shareholder-employee salaries.

Featured Posts

R&D deductions work differently under the One Big Beautiful Bill

One Big Beautiful Bill’s New R&D Deductions

The OBBB, also known as the One Big Beautiful Bill, also known as the American Innovation and Growth Act of 2025, makes a useful change to the R&D … [Read More...] about One Big Beautiful Bill’s New R&D Deductions

Trump Savings Accounts provide a slick way for parents to save money for kids.

Trump Savings Accounts – Free Money from the Government

Child focused tax benefits have taken on many forms over the years.  We've had child tax credits, dependent care credits, education credits, 529 … [Read More...] about Trump Savings Accounts – Free Money from the Government

Combine Section 1031 like-kind exchanges with Section 168(k) bonus depreciation to create large deductions.

Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

Real estate investors know about bonus depreciation. They also know about 1031 like-kind exchanges. But not everyone realizes that the two rules can … [Read More...] about Bonus Depreciation and 1031 Exchanges: A Hidden Opportunity

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Preparing US tax returns for international taxpayers

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Setting Low S Corporation Salaries

Updated for 2019 tax year changes and now available in print from Amazon!!

Maximizing Sec. 199A Deductions

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  • Planning for the 35% Washington State Estate Tax - Evergreen Small Business on Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
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  • Washington State Professional Services Sales Tax - Evergreen Small Business on Washington’s Qualified Family-Owned Business Interest Estate Tax Deduction: Updated for 2025
  • The New Big Beautiful Section 199A Deduction - Evergreen Small Business on Big Beautiful Section 199A Calculator

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