U.S. GDP declines by 1.4%: This is what an overheating economy looks like
Growth in the first three months of the year contracted at 1.4% pace as Americans turned to imports to meet torrid demand that is simply unsustainable.
How to Take Advantage of the SALT Deduction Workaround
In response to the allowance of the SALT deduction at the entity level, most states including Idaho, Oregon, and California passed legislation to allow elective PTE tax.
With Heavy Hearts
Dennis William Donnelly – Obituary December 24, 1946 – June 1, 2019 With heavy hearts we would like to inform you that Dennis William Donnelly, 72, passed away on June 1, 2019 at Asante Rogue Regional Medical Center, ICU lovingly surrounded by his family. Dennis was involved in a serious […]
Is a Vacation Home Right For You?
Presented by Stewart C. Parmele, CPA Dear clients and friends, If you are considering buying a vacation home, you are in the prime season to shop. Unlike traditional home sales, which tend to slow down with the colder weather, fall and winter are the prime seasons for buying and selling […]
On the ballot: Unbalanced Increase of Oregon Corporate Tax
By Rory B. Tosh, CPA “Our Oregon,” a Portland-based group, has filed two proposed measures for the 2016 ballot seeking to raise corporate taxes. C corporations with Oregon gross receipts of more than $25 million would face an increase to their minimum tax. Initiative Petitions (IP) 22 and 23 would […]
Oregon’s New Sick Leave Law
Every employer in Oregon is affected by this new law, and every employer in Oregon needs to get out in front of this law before the Oregon Bureau of Labor and Industries (BOLI) begins issuing civil penalties for violations that occur on or after January 1, 2017. The new law is complex, and no doubt will be a learning process for employers across the state.