Blog
Webinar: The Advantages of the Employee Retention Credit
Check out the discussion between Maria Pearman and the Brewers Association to learn more about the Employee Retention Credit and...
American Rescue Plan Act of 2021 Summary of Tax & Business-Related Highlights
President Biden signed the widely reported $1.9 trillion American Rescue Plan Act of 2021 (the Act) into law on Thursday,...
PPP New Loan Application Update
Changes have been announced by the White House and SBA intended to help small businesses, including: Institute a 14-day period,...
New Stimulus Package Extends & Expands Employee Retention Credit
The Consolidated Appropriations Act of 2021 (Act), signed into law on December 27, 2020, contains significant enhancements and improvements to the Employee...
Second Round of PPP Loans, Federal Tax Deductibility of PPP Expenses, and Other Changes in the New COVID-19 Relief Bill
On Monday evening, Congress passed the latest round of much needed COVID-19 relief, which is included in the Consolidated Appropriations...
2020 Year-End Tax Planner
Let’s Get Tax Planning To help you make the most of the current tax breaks, our 2020 year-end tax guide...
SBA Loan Necessity Questionnaire for Borrowers With PPP Loans Over $2 Million
Earlier in the year, the Small Business Administration (SBA) announced that it will be reviewing all Paycheck Protection Program (PPP) loans of $2 million or...
State & Local Tax Updates in Oregon
It’s been almost three years since the Tax Cuts and Jobs Act (TCJA) was passed, creating a wild west for...
Paycheck Protection Program Loan Forgiveness Considerations
So You Received a PPP Loan: What Next? If you received a Paycheck Protection Program (PPP) loan, it’s imperative to...
Paycheck Protection Program (PPP) Loan Forgiveness Update
We Are Ready to Help! Perkins is ready to assist you with your PPP Loan Forgiveness calculation. Have you...
IRS Addresses the President’s Executive Order on Employee Payroll Tax Deferral in Notice 2020-65
On August 28, 2020, the IRS issued Notice 2020-65 that provides some needed guidance for employers wondering whether and how...
Real Estate Connection Webinar Series: Local Tax Updates & IRS Guidance
Join Perkins real estate expert, Tim Kalberg, for an overview on recent local tax updates and IRS guidelines relevant to...
Paycheck Protection Program Loan & Oregon Corporate Activity Tax Updates
The deadline to apply for a PPP loan with the SBA is August 8th, and there is currently still funding available. As the deadline approaches, it will become more...
PPP Loan Forgiveness Calculator
May 22, 2020 On Friday, May 15th, the SBA released the Paycheck Protection Program (PPP) Loan Forgiveness Application, with accompanying...
Required Minimum Distribution Waiver and Other Changes Under the CARES Act
The Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed in to law on March 27, 2020. The Act...
May 7 Deadline to Repay PPP Loans Extended to May 14
May 7, 2020 The SBA issued revised guidance via FAQ #43 extending the “safe harbor” deadline from May 7th until May 14th relating to...
CARES Act Paycheck Protection Program May 7, 2020 Repayment Option
The Treasury Department posted updated Frequently Asked Questions (FAQs) on April 23, 2020. FAQ #31 deals specifically with large companies and whether...
Federal Reserve Authorizes Main Street Loans for Companies Impacted by COVID-19
Effective April 9, 2020, the Federal Reserve authorized a series of programs to provide up to $2.3 trillion in loans...
CARES Act – Focus on Tax Provisions for Businesses & Individuals
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act (the CARES Act...
Oregon, Portland/Multnomah, & Portland Arts Tax Timing Updates
Portland, Ore. – March 27, 2020 We have summarized below the most recent guidance from Oregon (issued March 25th) and...
Families First Coronavirus Response Act Tax Benefits and Employer Obligations
As the federal government searches for ways to combat the economic effects of the growing coronavirus (COVID-19) pandemic, the first...
Final Federal Guidance on April 15, 2020 Automatic Relief (Notice 2020-18)
Portland, Ore. – March 23, 2020 Late Friday, the IRS issued Notice 2020-18, which contains formal guidance relating to the...
Oregon Passes New Corporate Activity Tax
Oregon’s landmark legislation House Bill (HB) 3427A (the “Student Success Act”) was passed by the Senate on May 13, 2019,...
The Wayfair Decision and Its Impact On Your Business
As Oregonians sales and use tax can sometimes feel like a foreign concept. We don’t pay it on the goods we purchase...