Blog
2025 Oregon & Washington Tax Comparison
State & Local Tax Comparison Are you exploring the tax differences between Oregon and Washington to determine the best place...
Unlocking Flexible Financial Expertise: How You and Your Team Can Benefit from Hiring a Fractional CFO or Controller
Perkins & Co recently added a new service line—Outsourced CFO Services—to its already vast array of client offerings. As the...
Beneficial Ownership Information (BOI) Reporting is Back
March 3, 2025: The Treasury Department announced on March 2, 2025, that it will not enforce any penalties or fines...
Enforcement of Corporate Transparency Act (CTA) Once Again on Hold
U.S. Court of Appeals Pauses Enforcement of the CTA The U.S. Court of Appeals for the Fifth Circuit paused the...
Corporate Transparency Act (CTA) Disclosure Deadline Reinstated
December 24, 2024: The Department of Treasury has extended the reporting deadline for reporting companies that were created or registered...
The Corporate Transparency Act (CTA): What You Need to Know
Disclaimer: This blog post contains information that may no longer be accurate due to recent developments in the case. For...
Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) Closing on November 22, 2024
The second Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) is closing on November 22, 2024. Continue reading to learn more...
Washington Court Ruling Tightens Restrictions on Investment Income Deductions
Today, the Washington Supreme Court ruled in favor of the Department of Revenue in Antio LLC v. Department of Revenue...
It’s Time to Report Unclaimed Property in Oregon & Washington
Overview of Unclaimed Property Laws Unclaimed property laws began in the United States as a consumer protection program, and they...
Washington’s Annual Business and Occupation Tax Reconciliation of Apportionable Income Due by October 31, 2024
A quick reminder to businesses that engage in apportionable business activities in the state of Washington: you must file an...
You’re Taking Advantage of the Increased Estate and Gift Tax Exemption Amount—Now What?
We recently shared an overview of six steps to follow if you plan to take advantage of the increased basic...
Use It or Lose It: 6 Steps to Taking Advantage of the Increased Estate and Gift Tax Exemption Before It Sunsets
Estate and gift tax exemption thresholds could be cut in half starting on December 31, 2025, leading to substantial increases...
The Impact of Life Insurance Proceeds on Your Estate Taxes: What You Need to Know About the Supreme Court’s June 6 Ruling
Supreme Court Decision on Life Insurance Proceeds & Implications for Federal Estate Tax On June 6, the U.S. Supreme Court...
Demystifying Cost Segregation: Maximizing Tax Benefits in Real Estate Investment
One of the most powerful tools in the tax toolbelt for real estate developers and investors is cost segregation. Veterans...
Important Updates for QuickBooks Desktop Users
Important news for QuickBooks users! Intuit has announced two upcoming cutoff dates for QuickBooks Desktop users’ software — here’s what...
The Importance of a Well-Defined Transition Plan in Wealth Management
In 2023, Don Bielen wrote about The Keys to Successful Business Succession Planning, where he explained why having a trusted...
The Keys to Successful Business Succession Planning
Succession planning is critical for a business’s future ownership and leadership, yet most business owners procrastinate in preparing for their future....
Why Do Startups Choose to Outsource Accounting Services?
As a startup founder or entrepreneur, you wear multiple hats and juggle various responsibilities to ensure the success of your...
Seven Strategies for Sustaining Your Business’s Commitment to DEI
In May, I had the privilege of speaking on a panel titled “Building DEI Into Your Firm’s DNA” at the...
How to Encourage Business Growth in Today’s Uncertain Economy
In today’s economy, businesses face a challenging landscape that demands strategic decision-making and careful evaluation of risk tolerance, market positioning,...