by Kernutt Stokes | Mar 17, 2022 | KS Blog
/ Posts / KS Blog Oregon Pass-Through Entity – Elective Tax By John Mlynczyk, Partner, and Terry Niegel, Partner Background and Problem: Deduction for State and Local Taxes is Limited to $10,000 As you may be aware, the tax laws changed back in 2018 limiting...
by Kaitlyn Coburn | Feb 21, 2022 | KS Blog
/ Posts / KS Blog LIBOR Transition Regulations By Kaitlyn Coburn, Manager Background: London Interbank Offered Rate (LIBOR) has historically been the benchmark interest rate at which major global banks lend to one another. A significant amount of debt and nondebt...
by Gunnar Haugen | Feb 7, 2022 | KS Blog
/ Avoiding Income on the Sale of Stock By Gunnar Haugen, Senior Manager If it is true that, “for everything there is a season, and a time for every matter under heaven,” then the enactment of the Tax Cuts and Jobs Act (“TCJA”) brought about a season in which taxpayers...
by Kernutt Stokes | Dec 13, 2021 | KS Blog
/ Year-End Tax Planning By John Mlynczyk, Partner, and Kevin Bell, Partner Year-end tax planning is more challenging than usual this year due to the uncertainty surrounding pending tax legislation that could, among other things, increase top rates for ordinary income,...
by Amy Delaney | Dec 9, 2021 | KS Blog
/ Three Types of Holiday Celebrations with Employees By Amy Delaney, Director of Marketing and Business Development With many employers still having employees work from home due to COVID concerns, company holiday celebrations may look different than pre-pandemic...
by Gunnar Haugen | Dec 6, 2021 | KS Blog
/ Moving Assets From an S Corporation to a Partnership By Gunnar Haugen, Senior Manager From an income tax perspective, business owners often view S corporations and partnerships as fungible forms of doing business. Although both entities generally avoid an...
