Kaizen Capsules

The window to begin exempting yourself from Washington’s Long-Term Care Tax is quickly approaching. The Washington State Employment Security Department (ESD) will begin accepting applications for exemption on October 1, 2021. Please review the steps to apply for exemption below.

In Case of Emergency: What Every Parent Should Know

When your child turns 18, there can be an abrupt loss of legal power for parents.  Even if you are providing financial support, your child transforms into an adult in the eyes of the law.

CAN HAVING THREE GOOD FRIENDS PROMOTE A HAPPY RETIREMENT?

Overview of Tax

The Long-Term Services and Supports Trust Act (Trust Act) will not be the only new tax the state of Washington will be imposing on its residents come the new year.  It will be joined by a new capital gains tax.  Both of these new taxes become effective on January 1^st, 2022.

This Month’s Recap

Q2 QUARTER’S RECAP

COULD A SECOND SECURE ACT TWEAK RETIREMENT RULES?

This Month’s Recap

• Stocks traded in a narrow range as technology and other high-valuation companies were under selling pressure
• Emerging inflation dampened investor optimism and weighed on the stock market
• A pick-up in vaccination efforts in Europe led to broad global gains

Q1 QUARTER’S RECAP

• U.S. economic growth gains traction as vaccination rollout picks up speed
• $1.9 trillion fiscal relief bill passes
• Stocks higher, but questions about where they go from here linger