2018 year end letter

Dear Clients & Friends: While last year at this time we were meshed in uncertainty relating to the new tax law, this year we find ourselves in relatively stable territory.   From a tax perspective, most of the major events of 2018 revolved around guidance...

Qualified Opportunity Zones

One of the many provisions of the Tax Cuts and Jobs Act passed in late 2017 was an exclusion from income for certain gains related to “Qualified Opportunity Zones” (QOZ).   The legislation left many questions unanswered, leaving investors and fund organizers uncertain...

Tax News: January 26, 2018

Dear Clients and Friends, Here are a few important topics we thought you’d like to know about: January 31, 2018 Deadline for W-2s and 1099s Reminder – Forms W-2 and 1099-MISC are due January 31, 2018, including the filing of the government copies. These forms...

OregonSaves Program Rolls Out

In 2015, the Oregon Legislative Assembly enacted legislation (HB 2960) which created OregonSaves – a state sponsored retirement program for employers who do not offer a qualified retirement plan.  Oregon is the first state to implement this type of program.   The...

What Every Business Needs to Know About Outsourcing Payroll

Background There are all kinds of great reasons to hire a 3rd party to handle your payroll.   You don’t have to worry about filing all those forms because the payroll service does it for you.  Also, payroll companies generally have knowledge about how to treat various...

Qualified Small Employer HRAs (QSEHRA)

This update is only applicable to employers who averaged fewer than 50 full-time or full-time equivalent employees (based on a 30-hour work week) during the previous year and who do not offer a group health plan to employees.   If this topic interests you, please note...