IRS continues special Saturday hours on March 16 for face-to-face help at the Everett Taxpayer Assistance Center
WASHINGTON—The Internal Revenue Service will open the Everett Taxpayer Assistance Center (TACs) on Saturday, March 16, from 9 a.m. to 4 p.m., at 2707 Colby Ave., to provide in-person help. These special Saturday hours are part of the agency’s continuing transformation efforts to improve taxpayer service. This marks the second of four special nationwide Saturday […]
Judge overturns Washington state’s new capital gains tax
UPDATED [12:29 AM MARCH 2, 2022]: Added the Republican response to the capital gain tax ruling DOUGLAS COUNTY, March 1, 2022 – Today, Douglas County Superior Court Judge Brian Huber overturned a new capital gains tax that was signed into law last year by Governor Jay Inslee. Huber ruled that it is an unconstitutional tax […]
Lynnwood City Council discusses eliminating $40 vehicle license fee
On Monday, October 11, 2021, Lynnwood City Council members discussed eliminating the $40 vehicle license fee. The ordinance did not pass in this week’s session, but it was moved to the Work Session on October 18. The council also read in the city’s proclamation of the 2021 Indigenous Peoples’ Day. Lynnwood, Wash., October 15, 2021 […]
The IRS extends tax deadlines
By Paul Ellis, CIMA® | Ellis Wealth Management On March 29, the Internal Revenue Service (IRS) announced that the federal income tax filing due date for individuals for the 2020 tax year has been automatically extended from April 15, 2021, to May 17, 2021. More time for all. However, the IRS has also settled on […]
State Senate approves 7% capital gains tax
By Mario Lotmore | Lynnwood Times Staff Olympia, Wash., March 6, 2021 – Today the Washington state Senate narrowly passed SB 5096 to impose a 7% capital tax on the sale of stocks, bonds, and other high-end assets in excess of $250,000 for both individuals and couples. Those persons who profit more than $250,000 in […]
