Blog
10 Tips on How to Deduct Losses from a Natural Disaster
We are all painfully aware of the wildfires that have ravaged the forests of the Pacific Northwest in the last...
The Perkins Field Guide to Tax Reform
Where’s the comprehensive tax reform we’ve been hearing about for the past few years? 2010’s Simpson-Bowles plan, although it had...
Do I Need an Identity Protection PIN to File My Return?
Many taxpayers, who had difficulty filing their 2013 federal tax returns due to identity theft or potential fraud, as well...
Deducting a Home Office: Simpler May Be Better
For those of us who go to a downtown office every weekday, the benefits of working from home glow brightly:...
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...
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...
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...
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...
Got Your Property Tax Bill? Are You Feeling Compressed?
It’s property tax assessment season, and, no, that headline is not a typo. Welcome to the time of year where...
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...
Corporations: Beware “Corporate Records Service” Mailing!
Some of our clients are reporting that they have received a “2013 – Annual Records Solicitation Form” from Corporate Records...
Tax Simplicity
“If you can’t explain it to a six year old, you don’t understand it yourself.” -Albert Einstein Not surprisingly, taxes…are…complicated!...
What the IRS Watches for When Your Payments Go Across the Border
In this fast-paced era dominated by ever-evolving technology, even a small business can find itself engaged in transactions with vendors...