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A number of taxpayers report receiving notices showing balances due for 2019 returns, along with penalties and interest, for payments they mailed to the IRS some time ago. This is especially occurring with individual taxpayers filing Forms 1040 and fiduciary taxpayers filing Forms 1041.
Due to the Coronavirus shutdown, millions of pieces of mail went unopened during the...
As the Paycheck Protection Program winds down, we are turning our thoughts toward the process for getting those loans forgiven. There are good reasons to relax and wait for now.
The AIPCA recently published an article listing factors that describe why it makes sense not to rush the forgiveness process. They include:
On July 1, 2020, Oregon’s minimum wage will increase by $0.50/hour, rates determined by county. The Standard rate will increase to $12.00/hour, Portland Metro rate to $12.50/hour, and Nonurban Counties rate to $11.00/hour. All hours worked beginning on or after 12:01 A.M. on July 1, 2020 must be paid at the new, increased minimum wage rate. A map of current minimum wage by county can be...