Diversity, Equity, and Inclusion (DEI) is an increasingly popular topic, impacting the rise of new laws such as Washington’s boardroom diversity requirements. However, aside from legal compliance, research makes a consistent and strong business case for diversity. A 2020 McKinsey study finds that the most diverse companies are 25% more likely to experience above-average profitability... View Article
In late April 2021, Washington state lawmakers approved a new capital gains tax that takes effect on January 1, 2022. The bill imposes a 7% tax on long-term capital gains exceeding $250,000, such as on profits on the sale of stocks, bonds, and businesses. Supporters of the capital gains tax see it as a solution... View Article
The Long-Term Care Act, passed in May of 2019, mandates a new uncapped 0.58% payroll tax on employee wages. The tax will create a Long-Term Care Trust Fund to fund the Long-Term Services and Support Trust Program. The program will help supplement long-term care costs, such as assisted living expenses. While the program’s specifics are... View Article
Despite the push in recent years for increased gender equality in the workplace, many company boardrooms are still largely male-dominated. In June of 2020, Governor Jay Inslee signed SSB 6037 into law in an effort to recognize the many qualified women in the Pacific Northwest. Developed by the Washington State Women’s Commission, the law aims... View Article
While many businesses are familiar with the Americans with Disabilities Act (ADA) employment requirements, fewer know that it can also apply to websites. An online presence is a critical component for public and private businesses, leading to increased website accessibility litigation. Plaintiffs claim that websites with certain barriers, such as incompatibility with screen-reading software, constitute... View Article
