Blog: Accounting Unbuttoned

Where Perkins explores accounting topics and news.

Last Friday, December 18th, President Obama completed a holiday gift package for the American taxpaying public by signing into law the “Protecting Americans from Tax Hikes Act of 2015” (affectionately known as the PATH Act). In a rare showing of bipartisanship (and perhaps a strong...

As we wrap up the second year in which the tangible property regulations (TPR) have been in effect, the IRS has started addressing some of the issues with the implemented regulations. The good news: they are listening to the feedback provided by taxpayers and practitioners...

Oregon is putting a portion of your 2014 Oregon taxes back into your pocket. As mandated by the Oregon Constitution, the rebate is to be issued when the calculated revenue for a given biennium exceeds the forecast revenue by at least two percent. (Not) A Pile...

It’s been a wonderfully busy year for us. We’d like to announce the promotions of the following individuals: Masa Yamaguchi -  International Tax Senior Manager Matt Park - Audit Senior Manager Chalayane Woodke - Tax Senior Manager Andrea Reed - Tax Manager Congratulations everyone!   Author: Marketing Department...

We are all painfully aware of the wildfires that have ravaged the forests of the Pacific Northwest in the last few weeks and continue to burn throughout the region. You may even have friends, family or clients whose property was in the path of the...

Where’s the comprehensive tax reform we’ve been hearing about for the past few years? 2010’s Simpson-Bowles plan, although it had fairly widespread bi-partisan support, resulted in no actual legislation; Republican Dave Camp released a widely-cited road map in early 2014, which has not been taken...

Many taxpayers, who had difficulty filing their 2013 federal tax returns due to identity theft or potential fraud, as well as many tax practitioners, are confused about how to file their 2014 federal tax returns. Taxpayers who informed the IRS that they were a victim of...

Last Friday the 13th was one to remember at Perkins & Co! After months of gearing up to prepare Forms 3115 for nearly all of our business clients, we learned Friday that the IRS is no longer requiring small businesses to file them to comply with...

For those of us who go to a downtown office every weekday, the benefits of working from home glow brightly: no morning commute and working in sweatpants! My kitchen, my coffee! Walking my own dog! And, perhaps, a nice tax deduction for using a home...

We held off writing our year-end message with hopes that Congress would provide clarity for taxpayers before 2014 is over. We finally got what we were looking for! The Senate passed H.B. 5771, The Tax Increase Prevention Act of 2014 (the “Act”) late on December...

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