December 31, 2015
The IRS has announced the official start date of the 2016 tax filing season. This year there is no tiered opening and everyone can begin to file their returns on January 19, 2016. More importantly, the tax filing deadline falls on April 18th for 2016.
Taxpayers will be happy to know that this year they have 3 additional days to complete their tax returns because the District of Columbia celebrates Emancipation Day on April 16th but must observe the holiday on the nearest weekday, Friday April 15th. Therefore, Tax Day gets pushed out to the next business day, April 18th.
Please call the office at 541.388.7888 if you have any questions. Stay up to date on tax news and useful information by following us on Facebook and Twitter.
We wanted to update you on a recent development in Oregon’s gross receipts tax.
Several weeks ago, we notified you regarding a bill that had passed the Oregon legislature which levies a gross receipts tax on businesses with gross receipts over $1 million. The tax is $250 plus 0.57% of sales over that $1 million mark. A subtraction of 35% of the greater of labor costs...
Attention Payroll Clients!
SGA CPAs will be closed on Thursday, July 4th and Friday, July 5th . The office will be open the following Monday for regular business. We hope this does not cause you any inconvenience as it relates to any unscheduled payroll needs.
Should there be an emergency as it relates to the preparation of your payroll (such as needing a...
On May 16, 2019, Governor Brown signed into effect Oregon House Bill 3427. This bill, called the “Student Success Act,” imposes a gross receipts tax on many businesses in Oregon.
In summary, businesses with gross receipts over $1 million are subject to the tax, which is $250 plus 0.57% of sales over that $1 million mark. A subtraction of 35% of the greater of...