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 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 | 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...
