News

You did it! You’ve graduated from college, maybe passed the CPA Exam, and landed your first real accounting job. That’s a huge milestone! But once the accolades from friends and family die down and real life kicks in, you might start to wonder: “Is this what I expected? Did my internship prepare me? Am I supposed to know what I’m doing already?”

There are a few things people should consider when deciding whether their project is a hobby or business. No single thing is the deciding factor. Taxpayers should review all the factors to make the best decision.

As the Senate’s version of the One Big Beautiful Bill Act continues to make its way through Congress, construction companies across the country are watching closely and for good reason. The bill carries with it provisions that could significantly reshape the tax landscape for the construction industry, offering both opportunities and challenges depending on how companies are positioned.

Billy Long was sworn in as the 51st Commissioner of the Internal Revenue Service on June 16. Long was confirmed by the Senate on June 12.

This guide on finding profitable accounting businesses to buy will walk you through the essential steps in the process so you can find one that meets your goals.

Summertime is common time for wedding bells to ring, and newlyweds can make their tax filing easier by doing a few things now. A taxpayer's marital status as of December 31 determines their tax filing options for the entire year, but that's not all newlyweds need to know.

Owning a home costs money, but there are tax benefits available to help homeowners save on some of common costs of homeownership. Homeowners should review the tax deductions, programs and housing allowances to see if they are eligible.

The OSCPA Young Professionals Committee and the Multnomah Bar Association Young Lawyers Section teamed up once again for the annual Profit & Toss Cornhole Tournament, held last night in Portland. The event brought together CPAs, attorneys, and colleagues from across the professional community for a fun-filled evening of friendly competition - all in support of a great cause.

Here are some simple things taxpayers can do throughout the year to make next filing season less stressful.

The Oregon Society of CPAs and the Oregon State Bar Business Law Section hosted their annual Spring Social last night at Ballard Spahr Lane Powell in downtown Portland.

Summer is a time for fun but it’s never the wrong time to be thinking about taxes – and some summer activities could have an impact. Here are a few summertime activities and tips on how taxpayers should consider them for tax season.

This year's Circle of Excellence was a joyful celebration of the CPA profession. Take a look at some photos.

By moving beyond hourly billing rates and embracing innovative pricing models, CPA firms can generate revenue growth and create more value for their clients. Here are some strategies to get started.

The Oregon CPA community is celebrating a significant win for the profession’s future with the passage of Senate Bill 797, which Governor Tina Kotek signed into law. The bill creates multiple new pathways to CPA licensure in Oregon, expanding access while maintaining the integrity and mobility of the CPA credential.

Last week, as part of the national Accounting+ initiative, Oregon CPA Alyssa Downs brought career inspiration and financial wisdom directly into the classroom at Corvallis High School. This visit was part of a growing movement to encourage more Black, Hispanic, and Latino students to consider careers in accounting, and to help build a more inclusive and diverse profession.

As reported on May 13, 2025, several changes to the Washington state tax laws were passed by lawmakers and delivered to the desk of Governor Ferguson in late April, awaiting his signature to make them law. In the aggregate, these changes create what is likely the largest historical increase in taxes the state has ever seen.

The Internal Revenue Service encourages taxpayers living and working abroad to file their 2024 federal income tax return and pay any tax due by Monday, June 16, 2025. The deadline applies to both U.S. citizens and resident aliens abroad, including those with dual citizenship.

We are excited to announce that Rebecca Dukes has been drawn as the recipient of the UWorld Accounting CPA Review Elite-Unlimited 4-Part Scholarship, valued at $3,899. This generous scholarship will support Rebecca in her journey towards CPA certification.

Linn-Benton Community College accounting student Chris Patterson has overcome obstacles while finishing LBCC on the way to transferring to Oregon State University. Read his story.

Portland, OR — Professionals from across the accounting and legal communities will gather for an evening of networking and connection at a special social event co-hosted by the Oregon Society of CPAs (OSCPA) and the Oregon State Bar’s Business Law Section. The event invites Certified Public Accountants and local business attorneys to strengthen professional ties, foster collaboration, and build new relationships.