Understanding the Washington State Capital Gains Tax

September 18, 2023

Authored by: Jim Miracle, Senior Accountant at Cordell, Neher & Company, PLLC Starting January 1, 2022, Washington state implemented a new capital gains tax that affects individuals. Under this tax, individuals are subject to a 7% tax on their adjusted…

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Tax-Intelligent Opportunities for High-Net-Worth Families

September 18, 2023

Authored by: Bradi Dahmen, Financial Advisor, Director of Wealth Management Why Tax Diversification Matters You’ve probably heard of diversification when it comes to investments. This concept can apply to taxes too. It’s called “tax diversification,” and it’s similar to building…

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How to Unlock the Full Potential of Your Business

August 22, 2023

Authored by: Bradi Dahmen – Director of Wealth Management, Cordell, Neher & Company, PLLC If you own a business, then you know your personal financial picture is closely related to your professional success. Whether you are a small or large…

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Electronic vechiles

EV Tax Credits: Driving Electric Vehicle Adoption

August 15, 2023

The Federal Government has introduced EV tax credits as a part of its efforts to promote the adoption of electric vehicles. The Inflation Reduction Act of 2022 brought about significant changes to the rules governing these tax credits, extending their…

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Simplify Year-End 1099 Reporting for Business Owners

July 18, 2023

Authored by: Jennifer Babcock, CPA & Manager – Cordell, Neher & Company, PLLC As we are halfway through the year, it’s crucial for business owners to start preparing for year-end 1099 reporting. The Internal Revenue Service (IRS) requires businesses to…

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Tax Advantages of 529 Plans for College Savings

July 12, 2023

Authored by: Jason Underwood, Financial Advisor Much like taxes and summer temperatures, college costs continue to rise. Saving for college early can help with the increasing cost of education and help you be financially prepared when your child is ready…

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