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Recording of WA's New Millionaire's Tax: What You Need To Know is now available

  • 29 minutes ago
  • 1 min read
The short version: beginning January 1, 2028, a new 9.9% Millionaire's Tax will apply to Washington taxable income above $1 million. That date may feel dis tant, but the most effective planning strategies need to be in motion well before the tax takes effect — and some common assumptions, like relocating out of state, may not offer the protection you'd expect. 
In the recording, the LG team covers: 
• What the tax is, how it's calculated, and who it applies to
• What "moving" actually solves — and what it doesn't
• Planning opportunities available now, from income acceleration to entity structure and estate planning
• What business owners need to know — pass-through entities, capital gains, and succession considerations 
Whether you're approaching the $1 million threshold or well above it, this is a conversation worth having sooner rather than later. If you'd like to talk through your own situation, please don't hesitate to call LG at (360) 734-4280. 
 
 
 
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