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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

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

IRS Releases Information Regarding Employee Retention Credit

The IRS has posted a summary description of the employee retention tax credit that was enacted as part of the CARES Act. The IRS also posted a frequently asked question page regarding the credit....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

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