Written by Peterson & Associates
The One Big Beautiful Bill Act (OBBBA) brings significant updates to 529 college savings plans—expanding the types of expenses that now qualify for tax-free withdrawals….
Written by Peterson & Associates
Starting in 2026, the One Big Beautiful Bill Act (OBBBA) increases the threshold for when businesses must issue Form 1099 for payments to non-employees. Form…
Written by Peterson & Associates
The One Big Beautiful Bill Act (OBBA), signed into law on July 4, 2025, introduces significant changes to the tax code for families with children….
Written by Peterson & Associates
The One Big Beautiful Bill Act (OBBA), signed into law on July 4, 2025, changes how gambling losses are treated for tax purposes. Starting with…
Written by Peterson & Associates
The One Big Beautiful Bill Act (OBBA), signed into law on July 4, 2025, permanently eliminates miscellaneous itemized deductions from the federal tax code. These…
Written by Peterson & Associates
On July 4, 2025, the federal government passed the One Big Beautiful Bill (OBBB)—a sweeping legislative package that reshapes tax policy for individuals and businesses alike….
Written by Peterson & Associates
The Washington Legislature enacted a broad tax reform package in May 2025. The following provisions are relevant to service providers and businesses: Sales Tax Expansion:…
Written by Peterson & Associates
Effective May 8, 2025, Washington State enacted House Bill 1217 (HB 1217), introducing statewide rent control measures. Property owners should be aware of the following key…
Written by Peterson & Associates
In May 2025, Governor Bob Ferguson enacted a package of tax legislation that includes substantial revisions to the state’s Business and Occupation (B&O) tax. The…
