Archive

Monthly Archives: October 2025

IRS Sets Implementation Date for Changes to 401(k) Catch-Up Contributions by Joanie B. Stein, CPA


Posted on October 23, 2025 by Joanie Stein

The IRS and Department of the Treasury recently issued final regulations concerning the SECURE Act that require certain high-income taxpayers’ 401(k) and 403(b) plan catch-up contributions to be designated as after-tax Roth contributions, beginning in tax year 2026. Background For more than two decades, individuals aged 50 and older have had the opportunity to supercharge […]

New Sales Tax on Services Expands Washington State’s Tax Base by Christian J. Burgos, CMI, JD, LLM


Posted on October 09, 2025 by Christian Burgos

Under a new law that took effect on Oct. 1, 2025, the state of Washington is imposing and collecting retail sales tax on certain business activities that were previously exempt from taxation. Vendors providing services, such as advertising, IT support and temporary staffing, must prepare their businesses to comply with the law and begin collecting […]