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Washington State Tax Legislation—Not Every Ox Got Gored

The 2026 “short” legislative session in Olympia is finally over, though few who participated are likely to describe the session as short given the long hours of debate. Despite the compressed timeline, the Legislature passed...more

Oregon Would Tax Oregonians (and Only Oregonians) on All Gain From the Sale of QSBS Under Proposed Bill

Like its neighbors to the north (Washington), and south (California), Oregon has developed a reputation for being unfriendly to businesses. This reputation has its roots in several areas, but unfavorable tax policy is chief...more

Finally Received the Employee Retention Credit? Now What? A Guide to ERC Income Tax Consequences

It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en masse. After waiting a very long time (often years) with no contact from the IRS,...more

IRS Changes Course on Income Tax Impact of Employee Retention Credit

On March 20, 2025, the IRS updated its guidance to employers that claimed the employee retention credit (ERC). The updated guidance materially differs from prior IRS guidance of how and when employers should report the income...more

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