Blog
Congress Passed The Tax Increase Prevention Act of 2014
We held off writing our year-end message with hopes that Congress would provide clarity for taxpayers before 2014 is over....
AICPA Warning – Is your Employee Benefit Plan Auditor Qualified?
On December 3, 2014 the AICPA Employee Benefit Plan Audit Quality Center issued a Plan Advisory, The Importance of Hiring...
The New Tangible Property Rules Take Effect Now
As the expression goes, change is inevitable. This year, change in accounting method may also be inevitable. We’ve previously discussed...
Judge Overturns Oregon’s Same-Sex Marriage Ban
Federal judge Michael McShane ruled on May 19th that Oregon’s prohibition on same-sex marriage was unconstitutional. We devoted a lot...
Trusts and the 3.8% Medicare Surtax
Welcome to the wacky world of the new 3.8% Medicare Surtax! Did you know it also applies to trusts? As we...
Act Now or Pay Later: Unraveling the New “Repair” Regulations
The road to the final regulations has been an arduous one, and has involved significant revisions as the IRS solicited...
Change is Coming, Are You Ready for It?
In December 2011, the IRS released new ground-changing rules aimed at the age-old debate about what is a repair versus...
Oregon Recognizes Out-of-State Same-Sex Marriages
Despite Oregon’s continuing constitutional ban on same-sex marriages, the Oregon Department of Administrative Services announced today that all Oregon agencies...
Oregon Budget Deal Good for Active Owners of Partnerships, LLCs, S Corps
Last week, the Oregon legislature passed HB 3601 as part of the “grand bargain” that, among other provisions, changes individual...
Tangible Property Update
Last month the IRS released final tangible property regulations which include significant taxpayer-friendly changes and will challenge virtually every business...
Married In Any Jurisdiction Means Married Under Federal Tax Law
Earlier this summer, the Supreme Court ruled unconstitutional the provisions of the federal Defense of Marriage Act that prohibited same-sex...
Changes to Oregon Individual Income Tax Deductions for 2013 and 2014
The Oregon Legislature did not pass any big tax bills this session, but they did limit a favorite deduction for...