Taxation of Cryptocurrency and Compliance

Taxation of Cryptocurrency and Compliance

(8 minute read) Ever since bitcoin entered the financial stage in 2009, cryptocurrencies have rapidly emerged as a significant and potentially lucrative investment opportunity, with values reaching record highs in 2021 and continuing to climb. It likely does not come...

Key Tax Takeaways from COVID-19 Relief Bill

On December 27, 2020, the President signed the Consolidated Appropriations Act of 2021, in an effort to provide COVID-19 relief.  While additional time is still needed to review one of the largest pieces of legislation in US history, the following are some of the key...
Information Returns: Federal and Oregon Filing Requirements

Information Returns: Federal and Oregon Filing Requirements

The due date for 2019 Forms W-2, W-3, and 1099-MISC with data in box 7 for non-employee compensation is January 31, 2020, and applies to paper and electronically filed returns. Information returns are due on a calendar year basis for certain payments made in the...
Computing Oregon Sourced Income for a Service Business

Computing Oregon Sourced Income for a Service Business

Oregon statutes state a taxpayer’s market for sales is in Oregon: “In the case of the sale of a service, if and to the extent the service is delivered to a location in this state”. You must look to Oregon administrative rules (OAR 150-314-0435) to really figure out...