Oregon Agricultural Overtime Pay Credit

Oregon Agricultural Overtime Pay Credit

/ Oregon Agricultural Overtime Pay Credit By LM Shelly Sorem, Partner, and Shelby Green, Senior Associate What is it? House Bill 4002 was enacted on June 3, 2022, which requires overtime pay for agricultural workers. This bill will affect all aspects of the...
IRS Warns About Employee Retention Credit Schemes

IRS Warns About Employee Retention Credit Schemes

/ IRS Warns About Employee Retention Credit Schemes The IRS on October 19 issued IR-2022-183, warning employers to be wary of promotions for the employee retention credit (ERC) that sound too good to be true. According to the IRS, some third-party firms are taking...
2022 Year-End Tax Planning Ideas

2022 Year-End Tax Planning Ideas

/ Posts / KS Blog 2022 Year-End Tax Planning Ideas for Individuals and Businesses As year-end approaches consider the following tax planning ideas and action items before ringing in the new year. Individuals Tax loss harvestingConsider selling specified stocks, bonds,...
Is Your Company Effectively Managing Tax Risk?

Is Your Company Effectively Managing Tax Risk?

/ Posts / KS Blog Is Your Company Effectively Managing Tax Risk? The concept of “tax risk” is an important and regular topic of discussion across organizations and in boardrooms, and for good reason. Businesses that operate across state lines or internationally can in...
Changes to Lease Accounting

Changes to Lease Accounting

/ Changes to Lease Accounting By Trever Campbell, Partner If you are a business owner, CFO, lender, or investor, you have probably long heard rumors of a new lease standard coming in the world of accounting. In fact, you have probably heard about it for so long that...