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Enforcement of Corporate Transparency Act (CTA) Once Again on Hold
U.S. Court of Appeals Pauses Enforcement of the CTA The U.S. Court of Appeals for the Fifth Circuit paused the...
Corporate Transparency Act (CTA) Disclosure Deadline Reinstated
December 24, 2024: The Department of Treasury has extended the reporting deadline for reporting companies that were created or registered...
Beyond Income Tax Returns Guide: 2024 Edition
Go above and beyond with us. As we at Perkins will spend the start of the new year preparing for...
2024 Year-End Tax Planning Guide
Year-End Tax Planning for Individuals and Businesses As the year winds down, our team at Beacon CPA has been...
The Corporate Transparency Act (CTA): What You Need to Know
Disclaimer: This blog post contains information that may no longer be accurate due to recent developments in the case. For...
Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) Closing on November 22, 2024
The second Employee Retention Credit Voluntary Disclosure Program (ERC-VDP) is closing on November 22, 2024. Continue reading to learn more...
Washington Court Ruling Tightens Restrictions on Investment Income Deductions
Today, the Washington Supreme Court ruled in favor of the Department of Revenue in Antio LLC v. Department of Revenue...
Perkins & Co Announces 2024 Shareholder Promotions
Beacon CPA, a leading accounting and consulting firm with offices in Portland, Oregon, and Vancouver, Washington, is pleased to...
It’s Time to Report Unclaimed Property in Oregon & Washington
Overview of Unclaimed Property Laws Unclaimed property laws began in the United States as a consumer protection program, and they...
Washington’s Annual Business and Occupation Tax Reconciliation of Apportionable Income Due by October 31, 2024
A quick reminder to businesses that engage in apportionable business activities in the state of Washington: you must file an...
You’re Taking Advantage of the Increased Estate and Gift Tax Exemption Amount—Now What?
We recently shared an overview of six steps to follow if you plan to take advantage of the increased basic...
Use It or Lose It: 6 Steps to Taking Advantage of the Increased Estate and Gift Tax Exemption Before It Sunsets
Estate and gift tax exemption thresholds could be cut in half starting on December 31, 2025, leading to substantial increases...
The Oregon Rebate 2024: What You Need to Know
UPDATE 11/11/24: As of November 11, 2024, Oregon voters overwhelmingly rejected Measure 118 with a last reporting of 78% rejecting...
The Impact of Life Insurance Proceeds on Your Estate Taxes: What You Need to Know About the Supreme Court’s June 6 Ruling
Supreme Court Decision on Life Insurance Proceeds & Implications for Federal Estate Tax On June 6, the U.S. Supreme Court...
Demystifying Cost Segregation: Maximizing Tax Benefits in Real Estate Investment
One of the most powerful tools in the tax toolbelt for real estate developers and investors is cost segregation. Veterans...
Top Things Your CPA Thinks a Great Property Manager Should Know
Have you ever wondered what makes a great property manager? Aside from having a winning personality and the ability to...
Important Updates for QuickBooks Desktop Users
Important news for QuickBooks users! Intuit has announced two upcoming cutoff dates for QuickBooks Desktop users’ software — here’s what...
10 Things Craft Breweries Should Consider Before Opening a Second Location
Small craft breweries have been up against some big challenges, with recent years bringing rising operating and material costs along...
Perkins’ 2024 Oregon & Washington SALT Comparison
2024 Oregon & Washington Tax Comparison Are you exploring the tax differences between Oregon and Washington to determine the best...
The Importance of a Well-Defined Transition Plan in Wealth Management
In 2023, Don Bielen wrote about The Keys to Successful Business Succession Planning, where he explained why having a trusted...
Bonus Depreciation Opportunities for Real Estate Businesses Independent of Pending Legislation
Many in the real estate community are waiting with bated breath to see if the Tax Relief for American Families...
City of Portland Adopts and Expands Tax Incentives
In 2023, Portland City Council passed incentives to stimulate economic activity in Portland’s Central City and encourage investment and jobs...
Follow the Money: Navigating Real Estate Capital Markets in Uncertain Times
As the country continues to recover from the pandemic, the real estate industry is still navigating its own set of...
Updated Interpretations of Public Law 86-272 May Impact Your Business’ 2023 State and Local Tax Obligations
Over the past few years, there have been numerous developments in state and local tax regulations. The interpretation of Public...