Corporate Transparency Act (CTA) and FinCEN’s BOI Reporting
There have been several recent developments surrounding the CTA and BOI reporting that we recently released a blog about – https://www.fluenceportland.com/consulting/potential-action-item-business-ownership-information-boi-filing. Since the release of that blog a Texas federal court TEMPORAILY… Continue On +
Trent Announcement
Fluence is pleased to announce Trent Miller, CPA, is returning to the firm as of December 2, 2024. Trent started his accounting career at Fluence in 2014 and has spent the last… Continue On +
POTENTIAL ACTION ITEM – Business Ownership Information (BOI) Filing
Who this Affects: If you registered your business with the Secretary of State’s office, you are required to file the BOI filing. This is required for each entity you form. Fluence is… Continue On +
UNCLAIMED PROPERTY REPORTING SITES OPENING SOON
Unclaimed property audits have been on the rise recently and we want to remind everyone of the upcoming deadlines and steps that need to be taken for each state’s annual unclaimed property… Continue On +
Unclaimed Patient Refunds
Around this time of year, Fluence sends out a letter about submitting unclaimed patient refunds older than three years to the state’s Unclaimed Property division. Along with a formal letter describing the… Continue On +
How to Minimize Oregon Estate Taxes
Currently the federal estate tax exemption is nearly $13.6 Million dollars, or $27.2 Million for a married couple. So, unless you have assets exceeding these amounts, your estate won’t pay any federal… Continue On +
Salary Increase for Exempt Employees – Effective May 22, 2024
The US Department of Labor (DOL) has amended the Restoring and Extending Overtime Protections rule. The final amendment increases the salary threshold required under the Fair Labor Standards Act. This is for… Continue On +
From Beach Parties to Tax Parties: A Brief History of Spring Break and Taxes
Spring break is synonymous with fun in the sun, but its history is as diverse as the destinations revelers flock to each year. Surprisingly, the origins of this beloved vacation period have… Continue On +
Do Not Be Misled About Annual Reports
These false annual reports notices are being sent out again. Workplace Compliance Services (W.C.S.) has started sending 2024 Annual Reports to Oregon companies. This renewal is not from the State of Oregon… Continue On +
Read this if you accept cash payments and present large cases in your dental practice
Very few doctors are aware of one of the more drastic federal laws connected to receiving cash payments. If your practice receives a cash payment of $10,000 or more from a patient,… Continue On +
Paid Leave Oregon
Paid Leave Oregon benefits started September 3, 2023. Paid Leave Oregon is administered by the Oregon Employment Department. Employees apply online at Frances Online Landing Page (oregon.gov). The Oregon Employment Department will… Continue On +
Corporate Transparency Act – How does this affect you?
The Corporate Transparency Act is a new law taking effect on January 1, 2024. It will require companies registering as a business in a U.S. state, territory, or Indian tribe to file… Continue On +