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Office Closure: Beginning July 2, the Delap office will close for an interior remodel. The remodel project has been in the works for months and will include an updated reception area as well as new and improved conference rooms. The project is scheduled to last a few months, with the office anticipated to reopen sometime around the holidays. We will continue to assist our clients with their accounting and advisory needs during the remodel, and we appreciate your patience and understanding during this renovation process.
As we prepare for the beginning of tax season, we want to bring to your attention the 2015 Tax Extenders Bill, officially the "Protecting Americans from Tax Hikes Act." The Act was recently signed into law by President Barack Obama.
The Act retroactively extends many of the tax provisions that would have otherwise expired on December 31, 2014. Some of the most prominent provisions in this act are listed below. The provisions within this legislation will be beneficial to many individuals and businesses for years to come.
The permanent and non-permanent extensions contained within this Act will be a major benefit in tax planning for your business and individual needs. If you have any questions on how this new legislation with impact you for 2015 and in the future, feel free to reach out to us.
Delap LLP is one of Portland’s largest local tax, audit, and consulting accounting firms, located in Lake Oswego, Oregon.
P.L. 114-113, HR 2029