On December 20, 2019, President Trump signed “The Further Consolidated Appropriations Act of 2020,” which includes provisions of the SECURE Act (Setting Every Community Up for Retirement Enhancement). What does it mean for you?
News & Events
Blog Post
The IRS Has Virtual Currency on Their Radar. (What Should You Do?)
Over the last year the IRS has turned up the dial when it comes to virtual currency. Why is that? People around the world have become more and more interested. Not reporting this income can cause trouble. This post provides the details you need to know.
Newsletter Archive
Tax Advisor –Winter 2019
Year-end Reminder for S-Corporation Owners. The IRS requires special reporting of fringe benefits for S-Corporation owners who own more than 2% of the business. Certain family members of the S-Corporation…
News & Events
Oregon Enacts New Corp Gross Receipts Tax
Oregon Governor Kate Brown has signed House Bill (HB) 3427, imposing a new modified gross receipts tax effective for tax years beginning on or after January 1, 2020…
Blog Post
IRS 2018 Schedule D Worksheet Error
It is always alarming to receive a notice from the IRS. If you had capital gains activity reported on the 2018 Schedule D Tax Worksheet an error may result in an IRS notice for…
Newsletter Archive
Client Advisor – Fall 2019
Mid Year Tax Planning Year-end Planning Moves for Individuals. Here are some strategies that may lower your individual income tax bill for 2019…
News & Events
October, 2019 – WA State Tax Implications
Washington State Finishes Session – New Tax ImplicationsYear-end Tax Planning for S-Corporation Owners The Legislature completed its 2019 session this past…
News & Events
December, 2018 – Year-end Tax Planning for S-Corp Owners
Year-end Tax Planning for S-Corporation Owners Don’t lose valuable deductions…
News & Events
June, 2018 – Sales tax on out of state sales
Shannon Alert – Businesses may be required to collect sales tax on out of state sales On June 21st, 2018 the US Supreme Court ruled that states can require…
News & Events
March, 2018 – Tax Reform 2018 Changes
Tax Reform – 2018 Changes The Tax Cuts and Jobs Act, H.R. 1, was signed into law by President Trump on December 22nd. It contains a large number of provisions…