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Blog

Many taxpayers assume that filing federal and state tax returns is sufficient, but changes such as remote work, rental property ownership, or operating a business in multiple locations can create additional local tax obligations. Overlooking local tax requirements, missing registration deadlines, or filing late can result in unexpected penalties and interest. In areas such as Portland, a single business or rental activity may trigger multiple local tax responsibilities, each with its own rules and deadlines. Our team can help assess your local tax exposure, identify filing requirements, prepare returns, and develop a compliance strategy tailored to your needs.
Posted in: Tax Planning

SALT DIGEST Issue #10: Looking Beyond State Lines: Understanding Local Tax Exposure

September 3, 2026 0

SALT DIGEST Issue #10: Looking Beyond State Lines: Understanding Local Tax Exposure

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Taxes can affect the economics of an investment property from the time you buy it through the time you sell it. Find out the potential tax consequences of decisions you make about your involvement in rental activities, improvements to the property, and the timing and structure of a sale.
Posted in: Real Estate & Construction

Tax planning for real estate investors

September 1, 2026 0

Tax planning for real estate investors

Many individuals invest in real estate to help diversify their portfolio, create an income stream for themselves from rental income and build net worth over […]

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Payroll tax compliance involves more than calculating paychecks. Learn which areas deserve closer attention and how to respond when something goes wrong.
Posted in: Payroll

How to avoid and correct common payroll tax mistakes

August 31, 2026 0

How to avoid and correct common payroll tax mistakes

Payroll administration can be challenging for small business owners — and mistakes can create problems for both employers and employees. Incorrect paychecks can frustrate employees […]

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Worker classification — whether your business’s workers are employees or independent contractors — remains a critical and potentially costly issue. Here’s what you need to know.
Posted in: Human Resources

Worker misclassification can carry serious consequences

August 26, 2026 0

Worker misclassification can carry serious consequences

Hiring independent contractors provides your business with valuable flexibility, particularly when you require specialized expertise or help with a short-term project. But calling someone an […]

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At back-to-school time, many teachers buy classroom supplies to help make the school year a success for their students — and don’t receive reimbursement. If you’re among them, you may have expanded opportunities for tax deductions this year.
Posted in: Tax Planning

Educators may be able to claim 2 deductions for 2026 classroom expenses

August 25, 2026 0

Educators may be able to claim 2 deductions for 2026 classroom expenses

Teachers and other educators often spend their own money on books, supplies, equipment and other classroom needs. For 2026, eligible educators may have two ways […]

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To help prevent occupational fraud perpetrated by executives, businesses must stay vigilant. Here’s how to prevent these employees from overriding even strong internal controls.
Posted in: Risk Management

Give executive fraud risk your full attention

August 19, 2026 0

Give executive fraud risk your full attention

Occupational fraud can occur at any level of an organization. But misconduct by owners and senior executives can be particularly costly because they usually have […]

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Could your traditional 401(k) or IRA balance be too large? Maybe!
Posted in: Retirement Planning

Sometimes how much is in tax-deferred retirement accounts may be too much

August 18, 2026 0

Sometimes how much is in tax-deferred retirement accounts may be too much

Contributing as much as possible to tax-deferred retirement accounts such as traditional 401(k)s and IRAs is a common recommendation. Contributions generally are pretax or deductible, […]

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Bartering can be a viable way to conduct business, especially if you’re strapped for cash. But you can’t escape tax obligations.
Posted in: Tax Planning

Let’s trade! Business bartering is still taxable

August 17, 2026 0

Let’s trade! Business bartering is still taxable

Trading items or services — without exchanging cash — has long been common among small businesses. Today, some use online barter exchanges to facilitate trades. […]

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When deciding how much disability coverage you need to protect yourself and your family, take the tax treatment into consideration.
Posted in: Financial Planning

Disability benefits may have income tax consequences you don’t expect

August 12, 2026 0

Disability benefits may have income tax consequences you don’t expect

Disability insurance is a valuable benefit provided by many employers. It replaces a portion of the insured person’s income — typically 45% to 65% of […]

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Sole proprietors: Are you on top of your federal tax obligations? Even if your business is small, tax compliance and planning are a big deal.
Posted in: Tax Planning

Tax essentials for sole proprietors

August 11, 2026 0

Tax essentials for sole proprietors

Many small businesses start out as sole proprietorships. This structure is simple and inexpensive to establish and maintain — and it gives the owner direct […]

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A valuation engagement is designed to estimate a business’s value for a specific transaction or strategic objective. But it can also help owners identify opportunities and risks — and the best way to boost ROI.
Posted in: Business Valuation

Professional valuations provide businesses with more than a number

August 6, 2026 0

Professional valuations provide businesses with more than a number

Are you selling your business, soliciting new investors, updating a buy-sell agreement, pursuing litigation or drafting an estate plan? An accurate business valuation prepared by […]

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When a child goes to college, there are both tax-saving opportunities and potential tax pitfalls. Learn how to make the most of the former and minimize the latter.
Posted in: Tax Planning

Tax tips for parents with kids heading to college this fall

August 5, 2026 0

Tax tips for parents with kids heading to college this fall

A higher education is expensive, and many parents spend years saving up. Others haven’t had the financial bandwidth to save or have hit unexpected financial […]

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