News

Return preparers must be ready for how the Tax Cuts and Jobs Act has modified many common features of individual and business returns.

This week's topic: IRS publication indicates real estate agents/brokers and insurance agents/brokers are in a specified service trade or business.

Statistics indicate that pay inequity is systemic, with Oregon women still earning 79 cents for every dollar a man earns.

Democrats in the Oregon Legislature are gearing up to raise billions of dollars in taxes next year to boost school spending and cover ballooning public pension costs.

Governor's budget could add more than a dozen new auditor posts to fulfill state requirements.

This week's topic: Just prior to the one-year anniversary of TCJA, we finally get a Join Committee staff Blue Book on the law and more.

Also referred to as the Clean Energy Surcharge (CES), the initiative is effective for tax years beginning on or after January 1, 2019. The Portland Revenue Division will administer the new surcharge and is seeking public comment on the proposed City Code changes related to implementation by January 4, 2019.

Lawmakers unanimously created the tax break in hopes of luring faster internet service to the Portland area. Now, many say it was a mistake.

Under a proposal issued by the Financial Accounting Standards Board, not-for-profits would be able to take advantage of private-company GAAP alternatives for accounting for goodwill and accounting for intangible assets in a business combination.