Northern Pacific Asset Management

Live in Washington, work in Oregon? Washington State's new 9.9% income tax stacks on top of Oregon's 9.9% rate and Portland Metro's local taxes. The marginal rate on the highest dollar of Oregon-source income can reach 52.6%.

We break down the cross-border math, RSU scenarios, and planning strategies for the Portland-Vancouver corridor.

Read Part 3:

Washington's Millionaires Tax & the Oregon Border: What You Need to Know SB 6346 ends Washington's zero-income-tax advantage for high earners near the Oregon border. Here's what changes for commuters, business owners, and property owners.

Washington State just passed a 9.9% income tax on households earning above $1 million. The tax takes effect January 1, 2028.

We've published a four-part series covering everything affected residents, business owners, and families need to know — from trust planning to cross-border tax stacking to business valuation and exit strategy.

Read the full series: https://northernpacific.us/hot-topics/washington-millionaires-tax-sb-6346-high-earners-business-owners-2026/

Washington's 9.9% Millionaires Tax Just Passed the House. Here's What to Do Next. SB 6346 imposes a 9.9% tax on household income over $1M starting 2028. Seven planning strategies for high earners and business owners in the Puget Sound.

🚀 Business owners: Don't get caught off-guard by the One Big Beautiful Bill Act! Signed into law in 2025, this major tax reform permanently extends key TCJA provisions, restores 100% bonus depreciation, expands Section 179 expensing, and more—potentially slashing your capital gains tax burden when selling your business.

Our latest guide breaks down how these changes impact business exits: lower effective rates on gains, enhanced deductions, and strategies to maximize proceeds in a tax-efficient way.

Whether you're planning a sale soon or just preparing, this is a game-changer for SMB owners.

OBBBA Tax Reforms 2025: QSBS, 199A & Exit Strategies for Business Owners The One Big Beautiful Bill Act expands QSBS exclusions, makes 199A permanent, and reinstates bonus depreciation. Strategies for tax-free gains and wealth preservation on business exits.