KS ADVISOR NEWS & RESOURCES
Kernutt Stokes Named a Best Company to Work For in Oregon in 2023
Kernutt Stokes has been named a Best Company to Work For in Oregon by Oregon Business magazine in 2023.
2022 Year-End Business Deductions
There have been changes over the last few years for what businesses can deduct when it comes to meals and entertainment. Download our helpful document that outlines what you can deduct for business meals, entertainment, employee parking, and club dues.
Records Retention Guidelines
Are you wondering how long you’re supposed to keep your business and individual records? Download our helpful guidelines.
1099 & Year-End Reporting/Compliance Requirements for 2022 and What’s Changing in 2023
What you should know about 1099 changes for 2022, as well as year-end reporting and compliance requirements if you have employees.
Kernutt Stokes Named One of the 50 Best Accounting Firms
Kernutt Stokes has been named as one of the nation’s 50 “Best of the Best” public accounting firms for 2022. The firm is the only one in Oregon and Washington to make the list.
Kernutt Stokes Expands in Bend
Kernutt Stokes has moved into a new office space in Bend, located in the former home of the Bend Bulletin.
Kernutt Stokes Names New Partner
Kernutt Stokes is pleased to announce that Trever Campbell, CPA, CPE, has been named partner in the firm.
Pass-Through Entity – Elective Tax FAQs
The State of Oregon’s Pass-Through Entity – Elective Tax FAQs.
1099 & Year-End Reporting/Compliance Requirements for 2021 and What’s Changing in 2022
What you should know about 1099 changes for 2021, as well as year-end reporting and compliance requirements if you have employees.
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.
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 businesses start planning now if they haven’t already.
We’ve put together a quick reference guide which simplifies the new lease standard and answers commonly asked questions.
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 be from a business you materially participated in and the business must have employed at least one non-owner employee worked a minimum of 1,200 hours.
