Tax Alerts

8/1/2022 Employee Benefit Plans 9/15/2022 S-Corps and Partnerships Extension 9/30/2022 Trusts and Estates 10/17/2022 Individuals, C-Corps & FBAR Extension Have Questions? Call Us… (541) 889-5318

Employers are required to provide W-2 forms to employees by February 1, 2021. Contact our office if you have any questions or concerns about year-end tax reporting. 2/1/2021 W-2s and 1099-NEC 3/1/2021 1099 – MISC

Beginning January 1, 2019, the standard mileage rates for the use of a car (vans, pickups or panel trucks) will be 58 cents per mile for business miles driven, up from 54.5 cents for 2018.

How does the new Qualified Business Income Deduction impact you? Replacing the Domestic Production Activity Deduction (DPAD), this new deduction allows individuals who meet the criteria to take an additional deduction of up to 20% of

2018 Tax Changes for Businesses include: Easing of depreciation rules: Section 179 expense limit increased to $1 million Bonus depreciation is increased to 100% on qualified property Fewer businesses required to use accrual basis: You

Things to Know When Making Online Sales Outside of Idaho A recent Supreme Court ruling, South Dakota v. Wayfair, Inc.,  585 U.S. ___ (2018), held by a 5-4 majority that states may charge tax on purchases made from out-of-state sellers, even if the

Here are some of the key tax-related federal deadlines affecting businesses and other employers during the Fourth Quarter of 2018: 10/11/2018 Employees who work for tips: If you received $20 or more in tips during September,

Here are some of the key tax-related federal deadlines affecting businesses and other employers during the Third Quarter of 2018: 7/10/2018 Employees who work for tips: If you received $20 or more in tips during June, report

Congress has passed the Tax Cuts and Jobs Act, the most sweeping tax reform since 1986. Here’s a brief review of some of the changes and how they may impact your taxes. What has always

4/15/2018 FBAR Trust 4/17/2018 Individual Corporation 5/15/2018 Exempt Organization 9/17/2018 Partnership (Extension Deadline) S Corporation (Extension Deadline) Have Questions? Give us a call at (541) 889-5318 and we can find the answers.