by Kernutt Stokes | Aug 30, 2021 | News & Resources
/ Posts / News & Resources Oregon Pass-Through Entity Tax Rate Modifications Oregon has allowed a reduced tax rate for qualifying income for sole proprietorships, partnerships and S corporations that is taken on your individual return. The qualifying income must...
by Kernutt Stokes | Jun 21, 2021 | News & Resources
/ Posts / News & Resources Kernutt Stokes Names New Partners Kernutt Stokes is pleased to announced that Brent P. Laird, CPA, and Jennifer L. Cranford, CPA, have been named partners in the firm. Brent specializes in forest products, opportunity zones, and...
by Kernutt Stokes | Apr 27, 2021 | News & Resources
/ Kernutt Stokes Relocating Corvallis Office in June Kernutt Stokes is relocating from its current downtown Corvallis location to the Kings Crossing professional offices in June. The new office will be 6,000 square feet, much larger than the current office, and will...
by Matthew Diment | Apr 26, 2021 | News & Resources
/ Restaurant Revitalization Fund By Matthew Diment, Senior Manager As a part of the American Rescue Plan of 2021, passed in early March, a $28.6 billion Restaurant Revitalization Fund (RRF) was established. This fund was established to assist the hardest hit...
by Kevin Bell | Apr 21, 2021 | News & Resources
/ Tax Credits Available for Providing Employees Paid Leave for COVID-19 Vaccinations By Kevin Bell, Partner Earlier this year, Congress passed the American Rescue Plan Act of 2021 (ARP). The Act provides a refundable tax credit for eligible employers that provide paid...
by Kernutt Stokes | Apr 2, 2021 | News & Resources
/ IRS Issues Additional Details About May 17 Extension The IRS recently issued Notice 2021-21, providing more details about the extension of individual tax filings to May 17. The notice is summarized in this Journal of Accountancy article. A few key details include in...