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Perkins & Co Wins ClearlyRated’s 2023 Best of Accounting 10-Year Diamond Award
Portland, Ore. – February 9, 2023 – Perkins & Co, the largest locally owned accounting firm in Portland, announced today...
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City of Portland Adopts and Expands Tax Incentives
Portland City Council recently passed incentives to stimulate economic activity in Portland’s Central City and encourage investment and jobs in...

Washington’s Annual Business and Occupation Tax Reconciliation of Apportionable Income Due by October 31, 2023
A quick reminder to businesses that engage in apportionable business activities in the state of Washington: you must file an...

Why Do Startups Choose Outsourced Accounting Services?
As a startup founder or entrepreneur, you wear multiple hats and juggle various responsibilities to ensure the success of your...

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...

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...

10 Things Craft Breweries Should Consider Before Opening a Second Location
Small craft breweries have been up against some big challenges, with 2022 bringing rising operating and material costs along with...

Oregon & Washington Tax Comparison
In search of an overall comparison of state and local taxes between Oregon and Washington? SALT differences could help you...

Washington’s Supreme Court Upholds the New Capital Gains Tax
The highly anticipated Supreme Court ruling is here: Washington’s excise tax on long-term capital gains is here to stay. The...

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...
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...

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...

Washington’s Annual Business and Occupation Tax Reconciliation of Apportionable Income Due by October 31, 2022
Just a reminder to businesses that engage in apportionable business activities in the state of Washington: You must file an...

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...