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...

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...

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...

The Oregon Rebate 2024: What You Need to Know
UPDATE 11/11/24: As of November 11, 2024, Oregon voters overwhelmingly rejected Measure 118 with a last reporting of 78% rejecting...

Perkins’ 2024 Oregon & Washington SALT Comparison
2024 Oregon & Washington Tax Comparison Are you exploring the tax differences between Oregon and Washington to determine the best...

City of Portland Adopts and Expands Tax Incentives
In 2023, Portland City Council passed incentives to stimulate economic activity in Portland’s Central City and encourage investment and jobs...

Updated Interpretations of Public Law 86-272 May Impact Your Business’ 2023 State and Local Tax Obligations
Over the past few years, there have been numerous developments in state and local tax regulations. The interpretation of Public...

Delaware Corporations: Annual Report and Franchise Tax Filing Requirement Due by March 1
Is your business incorporated in the state of Delaware? If so, you are required to file an annual report and...

IRS Enacts Temporary Pause on New Employee Retention Credit Claims
Amid concerns about fraudulent claims, the Internal Revenue Service (IRS) has implemented a moratorium on processing new claims for the...

Oregon & Washington Tax Comparison
Oregon & Washington Tax Comparison In search of an overall comparison of state and local taxes between Oregon and Washington?...

Washington’s Supreme Court Upholds the New Capital Gains Tax
Update 11/12/2024: Washington voters have voted down Initiative 2109, which sought to repeal the capital gains tax. This means that...

Multnomah County Ballot Measure 26-238: Eviction Representation for All
Perkins was recently engaged to provide tax analysis on the proposed Multnomah County ballot measure 26-238 set to be voted...

Washington’s New Capital Gains Tax Is Being Enforced
The 2021 Washington State Legislature enacted a new 7% excise tax on long-term capital gains, effective for sales or exchanges...

Real Estate Tax Incentives in the Inflation Reduction Act
The recent enactment of the Inflation Reduction Act may not have had some of the larger tax changes proposed in...

Key Tax Benefits in the Inflation Reduction Act
President Biden signed the Inflation Reduction Act, a reduced version of the administration’s Build Back Better Act, into law at...

What to Know About the SALT Cap Workaround
Contributing authors: Nick Prelog, Nick Murray, Victoria King, Mathew Prentice, Kerry Morton, Blake Seabaugh, and Sean Wallace Many states provide...

Portland (OR) & Vancouver (WA) Tax Comparison
There has been increasing interest from many of our clients and other contacts in understanding the differences in state and...

2021 Year-End Tax Planner
WA Capital Gains Tax We are entering an age where states are becoming increasingly creative in finding ways to enact...

Highlights from the Latest Tax Legislation Proposal from Congress
All of the following tax proposal highlights are subject to significant change within the House of Representatives, and possibly more...

It’s Time to Prepare for the Restaurant Revitalization Fund (RRF)
Over the past week, the SBA has started posting draft forms and guidelines for the Restaurant Revitalization Fund, which was...