The “One Big Beautiful Bill Act,” (OBBBA) which President Trump signed into law on July 4, 2025, enacts an increase in the federal estate and gift tax exemption. Background The federal estate and gift tax exemption is the total amount…
Read MoreOn July 1, 2025, Mayor Bruce Harrell signed Seattle City Council Bill 121000 which bans the use of algorithmic software designed to propose rent rates for residential landlords.[1] This new law is codified in Chapter 7.34 of the Seattle Municipal…
Read MoreEffective July 27, 2025 Washington State has enacted the "Securing Timely Notification and Benefits for Laid-Off Employees Act" (ESSB 5525), creating state-level protections that go beyond federal requirements for businesses conducting mass layoffs or closings. This new law takes effect…
Read MoreOverview of ESSB 5813 On May 20, 2025, Governor Ferguson signed Engrosed Substitute Senate Bill 5813 (“ESSB 5813”) into law. ESBB 5813 increases the applicable Washington state estate tax exemption for the estates of decedents dying on or after July…
Read MoreThe Washington state capital gains tax is increasing, according to a new law passed this week in Olympia. The existing Washington capital gains tax, which took effect January 1, 2022, imposes a 7% tax on gains exceeding $270,000 in tax…
Read MoreAs the FDA has announced that the national supply of GLP-1 medications is stabilizing and removing them from the shortage list, 503A compounding pharmacies have adopted a new strategy to continue offering these popular medications. Medical providers offering weight management…
Read MoreThe U.S. Treasury Department issued an Interim Final Rule under the Corporate Transparency Act (“CTA”) to limit the obligation to file beneficial ownership information (“BOI”) reports to foreign companies. The CTA previously required foreign and domestic companies to file BOI…
Read MoreOn January 21, 2025, the Department of Homeland Security (DHS) rescinded a long-standing policy for immigration enforcement actions in “sensitive locations,” including hospitals, medical clinics, schools and churches. The original policy, issued by the Immigration and Customs Enforcement (“ICE”) agency…
Read MoreWashington currently imposes estate tax on the estate of any individual who dies with an estate valued in excess of $2,193,000 if that individual was either a Washington resident or owned Washington property at the time of their death. The…
Read MoreOn January 23, 2025, the Washington State Supreme Court interpreted RCW 49.62.070 for the first time in David and Springer v. Freedom Vans LLC, No. 102566-1 (Wash. Jan. 23, 2025). This statute, which was enacted in 2019, prohibits employers from…
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