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...
U.S. Estate Tax for Non-US Decedents
“What on earth is an estate tax?” As there are many foreign countries that do not have estate/inheritance taxes, this...
Net Investment Income Tax for 1040 Filers: First Year Thoughts
Since the Affordable Care Act was passed in 2010, there have been plenty of articles discussing one of its new...
Are You Saving Enough for Retirement?
Day in and day out you’re bombarded with endless variations of that same question. Invariably, this question leads to the...
Perkins & Co Adds Two Shareholders
August 19, 2014 Portland, Ore. – Perkins & Co, Portland’s largest locally owned public accounting firm, is excited to announce the...
Could You be an Oregon Resident and Not Even Know It?
We recently posted about the federal tax consequences of owning a vacation home. This post explores a possible Oregon tax...
Vacation: It’s Time to Get Away!
Whether you love the beach, mountains or desert, Oregon offers plenty of scenery for us to enjoy. Places to hike,...
The Benefits of Tax Planning
Expert advice bombards the casual observer on a daily basis with ways to tax plan and achieve the greatest benefit...
What’s FATCA Got to Do with Me?
To any individual who has a foreign bank account and to any person with tax reporting responsibilities for a multinational...
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...
Clippers Buyer Will Pay More Than Sterling…More Like a Pile of Gold
Current Clippers owner Donald Sterling paid a mere $12 million for the team over 30 years ago. The price that...
Keeping Your Financial and Tax Information Secure
As we reported in early April, the IRS has seen increasing numbers of fraudulently-filed individual tax returns in recent years....
Individuals: Beware of Higher Level of Identity Theft Cases
Filing one’s tax return each year can be stressful…and we’ve found an extra cause of stress this year in tax-return...
Perkins & Co Adds Principal
March 25, 2014 Portland, Ore. – Ray Jordan, former owner of Ray Jordan, P.C., joins Perkins & Co, Portland’s largest...
Perkins & Co Opens Business Office in Vancouver, WA
February 27, 2014 Portland, Ore. – Perkins & Co, Portland’s largest locally owned public accounting firm, is excited to announce...
Oregon Breweries Deserve a Tip
The growth and influx of breweries around Oregon has reached staggering heights. Receiving national recognition, the Oregon brewer culture and...
Getting Information Ready for Tax Accountants Part II: Individuals
It happens every year around this time – “important tax documents” arrive in your mailbox or inbox, and you know...
Getting Information Ready for Tax Accountants Part I: Small Businesses
January again! The busiest time of year for many accountants and bookkeepers. There’s the general ledger to reconcile and close...
The 411 on the 1099-MISC
The New Year has arrived, and with it, the 1099-MISC filing season. Many small business owners and their accounting staff...
The Magic of Tax Planning!
As 2013 draws to an end, we at Perkins find ourselves with a few tax planning tricks up our sleeves...
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...