Image Image Image Image Image Image Image Image Image

Tax Strategy Archives | Delap CPA


22 May

Like-Kind Exchange vs. Opportunity Zones

May 22, 2019 | By | No Comments

Like-kind exchanges and opportunity zones are both ways investors can defer taxes. But, what are the differences between the two, and is there a better option? Opportunity zones are one of the hottest topics in the real estate and investment communities right now. They’re an attractive tax strategy because of the three separate tax benefits […]

Read More

20 Mar

Tax Savings for First-Time Homebuyers

March 20, 2019 | By | No Comments

The Oregon Legislature passed a bill (HB 4007) that provides tax benefits for those saving for their first home. First-time homebuyers in Oregon may be allowed to deduct up to $5,000 ($10,000 if married filing jointly) from their taxable income for deposits in an Oregon First-Time Homebuyers Savings Account (FTHSA). The total amount of principal […]

Read More

27 Nov

C Corporation to S Corporation: Why the Hype?

November 27, 2018 | By | No Comments

Note: This article, originally posted March 2, 2017, has been updated as of November 27, 2018, by Benjamin Miller to reflect current rates and to consider the impact of 2018 tax reform. If you are the owner of a closely held C corporation, chances are your accountant has mentioned something to you about converting to […]

Read More

13 Nov

Should Tax Reform Change your Home Buying Strategy?

November 13, 2018 | By | No Comments

Looking to purchase a house? Several factors require consideration, from rising interest rates to the economic climate. Have you thought about tax reform? The Tax Cuts and Jobs Act (TCJA) has changed the tax benefits of home ownership, financing and other related topics for taxpayers. Delap is here to answer the question, does tax reform […]

Read More

27 Aug

Paycheck Withholding Calculator – Are You Withholding Enough Tax?

August 27, 2018 | By | No Comments

Do you know if you are withholding enough tax from your paycheck? The IRS has released a new Paycheck Withholding Calculator to help taxpayers determine if they are currently withholding enough tax to avoid a hefty tax bill and penalties next year at tax time. The calculator is a very easy and quick tool for […]

Read More