Downtown Business Incentive Credit Program
In response to the increase in commercial real estate leasing vacancy in downtown Portland, the city has adopted the “Downtown Business Incentive (DBI)” temporary non-refundable credit program to incentivize new commercial lease… Continue On +
Firm Events and Write-Offs
One of the questions we hear a lot is along the lines of, “Can I write-off (insert team building event or social activity here) for my staff?” For example, “I’d like to… Continue On +
Non-Deductible Trip vs Deductible Business Trip
Summer is in full swing and with that comes vacation season. For that reason, I wanted to take a minute to share some requirements on how to turn your next trip from… Continue On +
Umpqua Transition
We know you have been receiving emails regarding the transition from Columbia Bank to Umpqua bank and you may have some questions. There are some steps you will need to take by… Continue On +
A US Savings Bond To Consider
The US Series i Savings Bonds are an inflation-driven savings bond and there are two components to calculating the interest rate. The first is just the normal fixed, market rate and right… Continue On +
Tax Implications For Businesses With Out Of State Remote Workers
Since the start of Covid in 2020, businesses have seen a sharp increase in the number of “remote” or “telecommuting” employees working from home. This can have significant tax implications, both for… Continue On +
Changes To and Extension of Non-Business and Residential Energy Credits
The recently enacted Inflation Reduction Act of 2022 contains a multitude of new environmentally related tax credits that are of interest to individuals and small businesses. The Act also extends and modifies… Continue On +
IRA 2022 Vehicles Credits Summary
The recently passed Inflation Reduction Act of 2022 includes changes to the credit available for electric vehicles, as well as adding an additional credit for previously owned clean vehicles and for qualified… Continue On +
Paid Leave Oregon
Paid Leave Oregon will begin in 2023. Oregon payroll taxation beings January 1, 2023, and employees may start applying for benefits September 3, 2023. Paid Leave Oregon will be administered by the… Continue On +
Federal Student Loan Debt Relief Applications Can Now Be Submitted
If you qualify under President Biden’s Federal Student Debt Relief Plan you can now submit your application for student loan relief. Please see our October 3, 2022 blog to check for eligibility. … Continue On +
Have You Sold or Are You Considering Selling Your Home?
Article Highlights: Home Sale Exclusion 2 out of 5 Rule Gain or Loss from a Sale If you have sold your home this year, or are considering selling your home soon, you… Continue On +
Student Debt Relief
Biden-Harris Administration’s Student Debt Relief Plan Last month, President Biden announced his Administration’s plan to provide student debt relief to eligible borrowers. The purpose of this newsletter is to inform you of… Continue On +