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Year-End Appropriations Act Includes Income and Employment Tax Provisions

The recently enacted Consolidated Appropriations Act, 2021 (Act) contains a wide range of tax, appropriations, and other provisions, including pandemic-specific provisions and extensions of provisions in the Coronavirus Aid,...more

IRS Clarifies Deductibility of Expenses Associated with PPP Loan

The IRS today issued Notice 2020-32 (the Notice) relating to the deductibility for federal income tax purposes of certain otherwise deductible expenses related to amounts received pursuant to the Paycheck Protection Program...more

Oregon Department of Revenue Increases 2020 Estimated CAT Payment Threshold

The Oregon Department of Revenue on April 27, 2020 proposed a new rule that increases – for 2020 only – the threshold for required estimated payments of the Oregon corporate activity tax (CAT) from $5,000 to $10,000....more

State and Local Tax Impacts of COVID-19

In addition to the recently enacted federal tax legislation intended to provide relief to taxpayers who are struggling in the wake of COVID-19, states are also enacting legislation and policies to aid taxpayers through a...more

Tax Law Update: CARES Act Includes Tax Relief for Businesses and Individuals

President Trump Friday, March 27th, signed into law the Coronavirus Aid, Relief, and Economic Security Act (Act). The Act contains a series of provisions designed to provide economic stimulus and tax relief to individuals and...more

Tax Law Alert: Coronavirus Response Act Allows Employer Tax Credit

President Trump on Wednesday signed into law the Families First Coronavirus Response Act.  The Act contains a coronavirus relief package that includes, among other provisions, an expansion of the Family and Medical Leave Act...more

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