UPDATE- Oregon Gross Receipts Tax

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...

Office Closure July 4th & 5th

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...

Oregon Gross Receipts Tax

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...