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Using a Charitable Remainder Trust to Sell a Business

For Washington business owners looking to sell, the possibility of paying an additional 7% capital gains tax is concerning. For owners that sold in 2022, their payments are due on April 18, 2023, while the Washington state Supreme Court considers the constitutionality of the new tax. The 7% Washington tax . . .

FTC’s Proposed Rule Banning Noncompete Agreements

The FTC is currently seeking public comment on the proposed rule, which is due 60 days after publication in the Federal Register. After the comment period closes, the FTC will consider the comments, and then may adopt and publish a final rule. The proposed rule would go into effect 180 days after the publication of the final rule . . .

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