We want to make you aware of a potential tax development in Washington State that may affect some high-income households.  Yesterday, Washington advanced legislation that would create a new state income tax on high earners, often referred to as the “Millionaires’ Tax.” The proposal represents a notable shift in Washington’s tax policy, as the state has historically operated without a broad personal income…

2026 Tax Season Updates & Key Deadlines  As we settle into 2026, we wanted to share important tax season updates and deadlines to help you navigate the coming months with clarity and confidence. Below, we’ve outlined key timelines for tax documents, retirement contribution opportunities, and required minimum distributions (RMDs).  Tax Documents  For the 2025 tax year, Schwab anticipates delivering the initial batch of Form 1099s by the end of February 2026, with additional corrected 1099s posted in March and…

2025 Year-End Insights & 2026 Outlook As 2025 draws to a close, we want to help you tie up loose ends, take advantage of remaining planning opportunities, and prepare proactively for what’s ahead in 2026. Below, we’ve outlined key financial actions, deadlines, and updates to keep in mind as you finish the year strong. Closing…

On July 4th, President Trump signed the One Big Beautiful Bill Act (OBBBA), marking the most significant tax code change since 2017. The bill is far-reaching, with changes spanning estate planning, business ownership, education, retirement, energy, and healthcare. While we’re still reviewing the full scope of the legislation, we’ve highlighted a few of the most…

We want to make you aware of a significant change that may impact estate planning for many Washington residents. Yesterday Governor Ferguson signed into law the largest estate tax increase in Washington State history. While we are still reviewing the full details, we are closely monitoring these changes and evaluating their potential impact on your planning.  …

2025 Tax Season Updates & Key Deadlines As we bid farewell to January, we hope your month was filled with positivity, productivity, and perhaps a few moments of well-deserved relaxation. As part of our commitment to proactive service, we want to provide you with important updates on the timeline for tax documents, retirement contribution deadlines,…

2024 Year-End Insights & 2025 Outlook As 2024 draws to a close, we want to help you tie up loose ends, meet important deadlines, and set the stage for a successful year ahead. Below, we’ve outlined key financial dates and updates to keep in mind as you finish the year strong and prepare for 2025.…

As we bid farewell to January, we hope your month was filled with positivity, productivity, and perhaps a few moments of well-deserved relaxation. As part of our commitment to providing proactive service, we want to take this opportunity to give you an update on the timeline for tax documents, deadlines for retirement contributions, and RMDs…

Seasons Greetings! As we quickly move into preparing for the Holiday season, we wanted to be sure to remind you of a few year-end deadlines for 2023, as well as prepare you for planning updates in 2024. Let’s Start with Some 2023 End of Year Items:  Requests and processing times increase as we approach December,…

At Tschetter Group, our mission is to give people optimism about life and money. As we’ve pressed into this mission, we’ve learned one of the most important components of inspiring optimism is to give people confidence in every financial decision they make. As the world evolves around us and we continue to get inundated with…