News

The OSCPA prides itself on keeping members and the public up–to–date on issues related to the accounting profession, be it general news about or affecting the profession, accounting and tax code updates, helpful news for consumers, and more.

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AICPA Report Educates CPA Firms, Professors on Forensic Accounting

View Detail As CPA Presence in the Discipline Expands, Attorneys, Forensic CPAs and College Professors Cite Skills Needed.

Banks Rebel Against Push to Redo Loans

View Detail Some big U.S. banks are pushing back against the idea that they should slash mortgage balances for millions of troubled borrowers.

Benefits of Forming a Partnership vs. an S Corporation

View Detail While most small businesses today are structured as S corporations, setting up a business as a partnership can eliminate a number of potential S-corporation disadvantages.

IRS to Step up Audits of Sole Proprietors

View Detail The Internal Revenue Service plans to check for unfiled tax returns and look for unreported income from sole proprietors of small businesses during correspondence audits.

Private Company Financial Reporting Panel Holds First Meeting

View Detail A blue ribbon panel established to make recommendations on the future of accounting standards for private companies met for the first time this week.

2009 Oregon Corporation Instructions

View Detail Corporation instructions now available in PDF format.

IRS eNews for Tax Professionals

View Detail For the week of April 9, 2010

IRS Tax Tip: Seven Things about Getting More Time to File your Tax Return

View Detail If you can't meet the April deadline to file your tax return, you can get an automatic six month extension of time to file from the IRS.

IRS Tax Tip: Ten Last Minute Filing Tips

View Detail With the tax filing deadline close at hand, the IRS offers 10 tips for those still working on their tax returns:

CFOs Grapple with Effects of Health Care Legislation

View Detail In the voluminous health-care reform law, CFOs see hope, uncertainty, and – above all – a giant omission.