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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...
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...
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...
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....
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...