by Kernutt Stokes | May 22, 2018 | The Kernutt Stokes Advisor, Volume 3 Issue 2
The new GOP tax law places high income and property tax states at a distinct disadvantage. Before the new tax bill, any and all state and local taxes (commonly referred to as SALT) could be taken as itemized deductions without limitations. SALT includes both income...
by Kernutt Stokes | May 22, 2018 | The Kernutt Stokes Advisor, Volume 3 Issue 2
By Jennifer Cranford, CPA The 2017 Oregon Legislature passed House Bill 2017, which includes a new statewide transit tax. The new statewide transit tax begins July 1, 2018 and requires employers to withhold one-tenth of 1 percent (.001) from: Wages of Oregon...
by Kernutt Stokes | May 22, 2018 | The Kernutt Stokes Advisor, Volume 3 Issue 2
The Trump administration’s recent flurry of trade moves is spiking uncertainty and confusion among financial markets. The imposition of tariffs on steel and aluminum as well as levies on Chinese imports have provoked immediate reactions. China, for example, claims...
by Kernutt Stokes | May 22, 2018 | The Kernutt Stokes Advisor, Volume 3 Issue 2
Today’s forest product companies are constantly improving to better position themselves to face market challenges such as price volatility, workplace safety, increasingly complex regulatory environment, globalization, Canadian imports, labor disputes, cash flow...
by Kernutt Stokes | May 22, 2018 | The Kernutt Stokes Advisor, Volume 3 Issue 2
Estate planning is never done. Just like a piece of real estate, it needs periodic maintenance and care to make sure it’s in good shape when you need it most. Provisions in the newly passed GOP tax plan mean it’s time to revisit a handful of key areas of your estate...
by Kernutt Stokes | May 22, 2018 | The Kernutt Stokes Advisor, Volume 3 Issue 2
By Dean Huber In February of 2018, Congress passed a budget bill intended to keep the government funded and waive the statutory debt limit. That bill also included some meaningful changes to rules governing hardship withdrawals from retirement plans. Hardship...
