Blog

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,...

Foresight Beats Hindsight at Tax Time: Seven Ways to Make Filing Faster and Easier in 2024
As a public accounting firm, we see firsthand the challenges businesses and individuals face at tax time. The filing process...

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...

Expense Classification Tips for Breweries and Distilleries: Understanding COGS, SGA, and Expenses Offsetting Revenue
Revenue growth and gross margin percentages are key metrics to owners, managers, suppliers, customers, and investors of companies in the...

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...

Tiffany Mellow Receives AICPA 2022 Standing Ovation Honor
Portland, Ore. – December 22, 2022 – Perkins & Co, the largest locally owned accounting firm in Oregon, is thrilled...

Beyond Income Tax Returns 2022 Edition
As we head into 2022’s filing season, we want to ensure you know about information reporting requirements that you may...

Tax Treatment of Research & Experimentation Expenses, Software Development Costs in 2022 and Beyond
Tax treatment of research and experimentation (R&E) expenses and software development costs remain significantly changed for 2022 and beyond… for...

2022 Year-End Tax Planning Guide
Year-End Tax Planning for Individuals With rising interest rates, inflation, and continuing market volatility, tax planning is as essential as...

New Portland Tax Alignment Passed for City, County, and Metro
A long overdue simplification for our clients doing business in the Portland area is in the works. Recently, the Portland...

Paid Leave Oregon: Important Dates Approaching
What is Paid Leave Oregon? Effective January 1, 2023, Oregon is set to join 12 other states, plus the District...

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...

Perkins & Co Expands Specialties by Welcoming New Directors to Firm
Portland, Ore. – June 30, 2022 – Perkins & Co, the largest locally owned accounting firm in Oregon, is proud...

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...

Tax Highlights from the Infrastructure Investment and Jobs Act
President Biden signed the Infrastructure Investment and Jobs Act (the Act) into law on November 15, 2021. While the thrust...

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...

Perkins & Co Named Most Diverse Accounting Firm by Portland Business Journal
Portland, Ore. – April 21, 2021 – Perkins & Co, the largest locally owned accounting firm in Oregon, is proud...

The Restaurant Revitalization Fund (RRF) – Small Business Support That’s Not Just for Restaurants
Thanks to recently enacted legislation, restaurants* and bars hard hit by COVID-19 could see some financial relief in coming months....