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In light of a December 23, 2024, federal Court of Appeals decision, reporting companies, except as indicated below, are once again required to file beneficial ownership information with FinCEN. However, because the Department of the Treasury recognizes that reporting companies may need additional time to comply given the period when the preliminary injunction had been in … Read more

https://www.journalofaccountancy.com/news/2024/dec/nationwide-injunction-halts-boi-reporting-for-now.html

FinCEN has updated their beneficial ownership information reporting requirements. Please visit their website for further information. https://www.fincen.gov/boi

https://www.opb.org/article/2023/08/30/oregon-tax-refund-state-economy-revenue/

Paid Leave Oregon is a new program that ensures individuals, employers, and families — of every kind — have the time and support they need to care for themselves and their loved ones when life’s important moments affect their health and safety. When does Paid Leave start? On Jan. 1, 2023, employees and employers will begin paying into the … Read more

Dear Client and Friends: As the end of the year approaches, it is a good time to think of planning moves that will help lower your tax bill for this year and possibly the next. The time-tested approach of deferring income and accelerating deductions to minimize taxes still benefits most taxpayers, along with the tactic … Read more