Written by Newt Rumble
Non-resident Wage Allocations for 2020
Washington residents who work for an Oregon employer may allocate their wages for days worked in and out of Oregon. Income tax is due to…
Written by Newt Rumble
Payments Made to the IRS
We have had an unusual number of clients who have made payments to the IRS this year of which the IRS has not cashed the…
Written by Newt Rumble
Attention Employers: Employee Payroll Tax Withholding Deferral
[Note: The IRS has confirmed that participation in this program is optional. If there are additional developments, we will update this post. ] The IRS…
Written by Newt Rumble
Economic Impact Payment IRS Website is Live Today
The IRS website to update your bank account information is live today. Click here….
Written by Newt Rumble
IRA Distribution Requirements CANCELLED and More Delays
(Updated 4/10/20) IRA ACCOUNTS: TEMPORARY WAIVER OF REQUIRED MINIMUM DISTRIBUTION (RMD) RULES With the CARES Act, IRA participants who are required to take an RMD…
Written by Newt Rumble
SBA Loan Programs – Act Immediately
SMALL BUSINESS LOANS There are two loan programs for small business available as part of the federal government’s response to Covid-19. If you are interested…
Written by Newt Rumble
Economic Impact Payments
The IRS will soon begin send checks to each eligible individual in the United States. The amount is $1,200 per person ($2,400 for joint tax…
Written by Newt Rumble
Response to COVID-19 and Stay-home Proclamation
Our normal tax season schedule has been disrupted by the COVID-19 virus restrictions. The IRS and most state and local governments have delayed the due…
Written by Newt Rumble
IRS Delays Deadlines
(Updated 3/30/20) (Updated Oregon State and City of Portland/Multnomah County information) For most taxpayers, including corporations, the deadline to both FILE and PAY federal income…
