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Taxes

Mike Gonzalez sits at his Franklin County desk.
Property tax

Inflation has turned Washington state’s property tax cap into a county budget-killer

Frustrated county officials say state leaders have shunted the state’s financial burden onto local governments
March 22, 2024
Daniel Walters, InvestigateWest

Counties across Washington, of all sizes, are on the same kind of financial precipice. Many county officials blame the handcuffs that the Legislature has put on property taxes, their most crucial revenue source. 


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TUA Map horizontal.jpg

Richland tax incentive begins to spur economic development

February 14, 2024
Sara Schilling

Richland has available industrial land, a robust and skilled workforce, and other factors that make it attractive to companies looking to expand their operations or build something new within city limits. But now it can offer more incentives.


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Taxes, tax forms.jpeg

Take advantage of free tax assistance around the Tri-Cities

February 5, 2024
TCAJOB Staff

The AARP Foundation is providing free tax assistance and preparation through its Tax-Aide program at sites around the Tri-Cities.


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Beau Ruff Dec 2023.jpeg

Your business tax savings might be doing more harm than good

January 12, 2024
Guest Contributor

Get your financial and legal team on the same page as you explore gray area deductions to best protect your business.


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Q&A with Kristi Nelson

October 11, 2023
TCAJOB Staff

Q&A with Kristi Nelson, member (partner) at Northwest CPA Group PLLC in Richland.


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Recent real wage gains haven’t materialized, but 2023 should be different

October 11, 2023
Guest Contributor

A glance at key dials on the dashboard of the local economy might conclude that last year was a good one. The population in Benton and Franklin counties registered an increase of about 4,400, with the rate outpacing the state. The number of residents employed grew by about...

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Prepare and plan for how 10-year rule can affect inherited IRAs

October 11, 2023
Guest Contributor

The legislation known as the Secure Act of 2019 changed the tax rules for heirs of an individual retirement account (IRA) from someone who passed away on Jan. 1, 2020, or later.

First, it divided these heirs into three different types: eligible designated beneficiaries (EDB), non-designated beneficiaries (NDB) and...

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How to navigate the personal residence capital gains tax trap for seniors

October 11, 2023
Guest Contributor

As a senior citizen ages in her home, she begins to understand a problem that has been brewing for years or decades. The house that she bought many moons ago with her husband has slowly appreciated in value over the years. Maybe she bought it in the 1980s...

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There’s no crystal ball for strategic tax planning but good preparation can help

October 11, 2023
Guest Contributor

Deciding if a Roth conversion is the right thing to do is a challenging decision.

At best, a Roth conversion strategy is an annual puzzle to figure out, hoping for the long-term outcome of reducing lifetime taxes.

At worst, it is speculation and guesswork, effectively a hunch. Where is that...

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Take advantage of Roth conversions in down markets

October 11, 2023
Guest Contributor

The year 2022 was challenging with the U.S. stock market posting a -19% return and the U.S. bond market not far behind at -13%. However, enough time has passed to where it is beneficial to conduct an after-action review. This isn’t an examination of what the ideal investment...

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