IRA 2022 Vehicles Credits Summary

The recently passed Inflation Reduction Act of 2022 includes changes to the credit available for electric vehicles, as well as adding an additional credit for previously owned clean vehicles and for qualified… Continue On +

Paid Leave Oregon

Paid Leave Oregon will begin in 2023. Oregon payroll taxation beings January 1, 2023, and employees may start applying for benefits September 3, 2023. Paid Leave Oregon will be administered by the… Continue On +

Have You Sold or Are You Considering Selling Your Home?

Article Highlights: Home Sale Exclusion 2 out of 5 Rule Gain or Loss from a Sale If you have sold your home this year, or are considering selling your home soon, you… Continue On +

Student Debt Relief

Biden-Harris Administration’s Student Debt Relief Plan Last month, President Biden announced his Administration’s plan to provide student debt relief to eligible borrowers. The purpose of this newsletter is to inform you of… Continue On +

Ensuring Lasting Smiles Act (ELSA)

Currently, most private health plans provide coverage for congenital anomalies and many states require insurers to provide coverage of any health services related to congenital anomalies or birth defects.  Despite this, health… Continue On +

A US Savings Bond To Consider

We normally do not look too deep into government savings bonds due to the low interest rates, but there is one we feel is worthy of consideration right now. The US Series… Continue On +

IRS Backlog and Delays

We wanted to share an update on some reasons behind IRS delays which are impacting many of our clients. An Annual Report to Congress recently released by National Taxpayer Advocate Erin M.… Continue On +

New Metro and Multnomah County Tax Payment

What Employers Need to do Now for the New Metro and Multnomah County Taxes As you are probably aware from our previous newsletters, Portland Metro District and Multnomah County have recently passed… Continue On +