Hello and Happy Soon to be Holidays! We are rapidly approaching the end of an eventful 2020.  As we get closer to the end of the year, there are a few items we wanted to make you aware of. Winter…

On March 20, 2020, it was announced by Treasury Secretary Steven Mnuchin that due to the ongoing Coronavirus emergency the filing deadline of April 15, 2020, has been officially moved to July 15, 2020.  This extended filing date applies to…

On Friday, December 14th, 2018, the IRS released the 2019 standard mileage rates with notice 2018-251.  These are very important numbers which are used for many calculations such as mileage reimbursements, expenses related to driving for businesses, medical mileage, and…

As of July 1, 2018, there are two new changes that are in place for employers and employees in the state of Oregon. Minimum wage will be receiving an increase and there is a new tax that has begun as…

As of July 1, 2018, minimum wage workers across Oregon will be receiving a wage increase due to 2016 Oregon Legislature, Senate Bill 1532. Beginning July 1, 2016, it calls for an annual minimum wage increase. These prescribed increases will…

Just when we thought all was said and done and final for the 2017 tax law, 31 items that had expired as of December 31, 2016 have been brought back, most with a new December 31, 2017 expiration date.

There are changes across the board related to the Tax Cuts and Jobs Act signed into law in December of 2017. There are specific items relevant to wineries and vineyards.

Late in the afternoon on Thursday December 16, 2017 the IRS released the 2018 standard mileage rates with Notice 2018-03. These rates are used for calculating deductible amounts related to business mileage, charitable deduction mileage, medical mileage, and mileage related…

A common question amongst people seems to be, “How do I go about paying less taxes?” As a CPA, I have never heard someone ask, “How can I pay more taxes?” If you are a small business owner, particularly one…