Image Image Image Image Image Image Image Image Image

State and Local Tax Archives | Delap CPA


12 Jun

Oregon Residents to Pay Sales Tax in Washington on Tangible Personal Property

June 12, 2019 | By | No Comments

The Washington Department of Revenue released a notice on May 31, 2019 explaining a change to the sales tax exemption for qualified nonresidents. Starting July 1, 2019, Oregon residents will no longer be exempt from sales tax in the state of Washington at the point of sale. Prior to July 1, 2019, an Oregon resident […]

Read More

03 Jun

Oregon Adopts Business Gross Receipts Tax

June 3, 2019 | By | No Comments

On May 16, 2019, Governor Kate Brown signed HB 3427 also known as “The Student Success Act.” The bill is estimated to generate nearly $2 Billion worth of revenue every two years through a gross receipts tax on Oregon commercial business activity.  This will be an entirely new concept to many Oregon businesses as a […]

Read More

15 May

New Backup Withholding Requirements from the IRS

May 15, 2019 | By | No Comments

Authors: Joshua Caddel, CPA and Haley Norwood, CPA The IRS recently released a reminder that the TCJA reduced the backup withholding tax rates from 28% to 24%, while bonuses and other supplemental income backup withholding tax rates were lowered to 22%. Any payments exceeding $1 million, subject to the backup withholding, require withholding at a […]

Read More

14 May

Limit Surprises Next Tax Season by Checking Your Withholdings

May 14, 2019 | By | No Comments

Authors: Joshua Caddel, CPA and Haley Norwood, CPA With the changes from the Tax Cuts and Jobs Act (TCJA), many taxpayers were surprised with less than favorable results after filing of their 2018 tax return. Likely, part of the problem was not withholding enough from each paycheck to cover federal and/or state taxes. Because of […]

Read More

03 May

Oregon House Bill 3427 Passes the House and Moves to the Senate

May 3, 2019 | By | No Comments

Update – On May 16, 2019, Governor Kate Brown signed HB 3427 also known as “The Student Success Act.”  The new tax will go into effect January 1, 2020.  Read our latest update. On May 1, 2019, the Oregon House of Representatives passed HB 3427.  This bill is referred to as the “Student Success Act” […]

Read More