As we near the end of 2024, this is the perfect time to reexamine your tax and estate planning action items. There are plenty to address, and it’s wise to do so sooner rather than later. In reviewing year-end estate planning...more
As we enter the homestretch of 2023, it’s the perfect time to reexamine plans and action items. There are plenty of items to address, and it’s best to do so sooner rather than later. When you review year-end estate planning...more
Charitable giving is a way for businesses and individuals to support the causes that align with their values while saving on taxes. This article will cover common questions associated with charitable giving that will...more
With the end of the year just around the corner, it’s a good time to reassess plans and action-items. When reviewing your year-end estate planning or business transition concerns, there are several things to contemplate and...more
As we enter the final quarter of 2021, there are many things still to do and plan for before the end of the year. There are also some timing considerations given proposed legislative changes and the lead time needed to...more
9/27/2021
/ CARES Act ,
Charitable Donations ,
Estate Planning ,
Gift Tax ,
Income Taxes ,
Paycheck Protection Program (PPP) ,
Tax Planning ,
Taxation ,
Transition Tax ,
Valuation ,
Year-End Tax Planning
Starting in 2020, the Coronavirus Aid, Relief, and Economic Security Act (the “CARES Act”) expanded the deductibility of charitable contributions to incentivize charitable giving during 2020. The Consolidated Appropriations...more
Believe it or not, we are now in the final stretch of 2020. There are many things still to do and plan for before the end of the year. When reviewing your year-end estate planning or business transition concerns, there are...more
On January 10th, 11th and 18th our tax attorneys ?hosted a "CPA Shoptalk" seminar in ?Portland, Vancouver and Bend. Below are ?some key takeaways to consider...
1. Partnership Audit Rules Post-TEFRA -
The Balanced...more
1/18/2018
/ Beneficiaries ,
Business Taxes ,
C-Corporation ,
Charitable Donations ,
Corporate Taxes ,
Credit Shelter Trusts ,
Employment Tax ,
Estate Tax ,
Income Taxes ,
IRS ,
Itemized Deductions ,
Limited Liability Company (LLC) ,
New Legislation ,
Partnerships ,
Pass-Through Entities ,
Power of Attorney ,
S-Corporation ,
Standard Deduction ,
Tax Audits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Liability ,
Tax Penalties ,
Tax Rates ,
Tax Reform ,
TEFRA ,
Trump Administration ,
Trust Funds ,
Trusts
The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more
1/12/2018
/ Accounting ,
Alternative Minimum Tax ,
Business Assets ,
Business Taxes ,
C-Corporation ,
Capital Contributions ,
Capital Gains ,
Capital Losses ,
Corporate Taxes ,
Cost Recovery ,
Covered Employees ,
Farms ,
Income Taxes ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
Investors ,
IRA Rollovers ,
IRS ,
Like Kind Exchanges ,
Net Operating Losses ,
New Legislation ,
Partnerships ,
Pass-Through Entities ,
Repeal ,
S-Corporation ,
Section 179 Property ,
Shareholders ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Penalties ,
Tax Rates ,
Tax Reform ,
Transportation Industry ,
Trump Administration
The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more
1/12/2018
/ Business Assets ,
Business Taxes ,
Capital Gains ,
Carried Interest ,
Cost Recovery ,
Excise Tax ,
Health Care Providers ,
Health Insurance ,
Home Equity ,
Income Taxes ,
Individual Mandate ,
Internal Revenue Code (IRC) ,
Investors ,
IRS ,
Mortgage Interest ,
Net Operating Losses ,
New Legislation ,
Partnerships ,
Pass-Through Entities ,
SALT ,
Section 179 Property ,
State and Local Government ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Penalties ,
Tax Reform ,
Trump Administration
The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more
1/11/2018
/ Alternative Minimum Tax ,
Business Taxes ,
C-Corporation ,
Capital Gains ,
Distributors ,
Income Taxes ,
Like Kind Exchanges ,
Manufacturers ,
Partnerships ,
Research and Experiment Tax Credit ,
Retail Market ,
Retailers ,
Section 179 Property ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Rates
The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more
1/11/2018
/ Alternative Minimum Tax ,
Business Assets ,
Business Expenses ,
Business Taxes ,
C-Corporation ,
Capital Gains ,
Carried Interest ,
Child Tax Credit ,
Commercial Buildings ,
Construction Industry ,
Corporate Taxes ,
Cost Recovery ,
Home Equity ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Itemized Deductions ,
Mortgage Interest ,
Net Operating Losses ,
New Legislation ,
Partnership Interests ,
Pass-Through Entities ,
Popular ,
Real Estate Market ,
Residential Property Owners ,
S-Corporation ,
Section 1031 Exchange ,
Section 179 Property ,
State and Local Government ,
Tax Credits ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Reform ,
Trump Administration
The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more
1/10/2018
/ Accounting ,
Alternative Minimum Tax ,
Business Assets ,
Business Taxes ,
C-Corporation ,
Capital Assets ,
Capital Gains ,
Carried Interest ,
Corporate Taxes ,
Cost Recovery ,
Covered Employees ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Legislation ,
Pass-Through Entities ,
S-Corporation ,
Section 179 Property ,
Shareholders ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Rates ,
Tax Reform ,
Technology Sector ,
Trump Administration
The Tax Cuts and Jobs Act of 2017 (the “Act”) was signed into law by President Donald Trump on December 22, 2017. The Act changes many provisions of the Internal Revenue Code, from individual and business provisions, to...more
12/29/2017
/ Accounting ,
Alimony ,
Alternative Minimum Tax ,
Business Assets ,
Business Expenses ,
Business Income ,
Business Taxes ,
C-Corporation ,
Capital Assets ,
Capital Gains ,
Capital Losses ,
Charitable Donations ,
Child Tax Credit ,
Consumer Price Index ,
Corporate Taxes ,
Cost Recovery ,
Covered Employees ,
Depreciation ,
Employee Relocations ,
Estate Tax ,
Farms ,
Gambling ,
Health Insurance ,
Home Equity ,
Income Taxes ,
Individual Mandate ,
Individual Retirement Account (IRA) ,
Internal Revenue Code (IRC) ,
International Tax Issues ,
Investors ,
IRA Rollovers ,
IRS ,
Itemized Deductions ,
Like Kind Exchanges ,
Medical Expenses ,
Mortgage Interest ,
Mortgages ,
Net Operating Losses ,
New Legislation ,
Pass-Through Entities ,
Personal Exemptions ,
Repeal ,
Roth IRA ,
S-Corporation ,
SALT ,
Section 179 Property ,
Shareholders ,
Standard Deduction ,
State and Local Government ,
Student Loans ,
Tax Cuts and Jobs Act ,
Tax Deductions ,
Tax Exemptions ,
Tax Penalties ,
Tax Rates ,
Tax Reform ,
Trump Administration ,
Trusts