by Kernutt Stokes | Mar 17, 2022 | News & Resources
/ Posts / News & Resources Pass-Through Entity – Elective Tax FAQs Source: https://www.oregon.gov/dor/programs/businesses/Pages/Pass-Through-Entity-Elective-Tax.aspx FREQUENTLY ASKED QUESTIONS 1) Q: What is the PTE-E Tax? A: For Oregon tax purposes,...
by Kernutt Stokes | Dec 7, 2021 | News & Resources
/ 1099 & Year-End Planning / Compliance Requirements for 2021 and What’s Changing in 2022 Do you need to file 1099s? Make sure you know about changes for 2021. Do you have employees? Make sure you know the year-end reporting and compliance requirements, and...
by Kernutt Stokes | Oct 4, 2021 | News & Resources
/ Kernutt Stokes Joins BDO Alliance USA Kernutt Stokes has joined BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting, and service firms with similar client service goals. As an independent member firm, the BDO...
by Kernutt Stokes | Sep 22, 2021 | News & Resources
/ Simplifying the New Lease Standard Under the new lease accounting standard, ASC 842, private companies are required to adopt for annual financial reporting periods beginning after December 15, 2021, which is 2022 for calendar year-end companies. It’s essential that...
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...
