2009 Year-End Tax Planning – Part 2

Year-End Tax Planning for Small Business Owners
For 2009, there are plenty of year-end tax planning opportunities available to the small business owner.  Some new provisions help businesses that have been dramatically affected by the recession while others help businesses that have had very a profitable year.  Below is a general overview of several of the [...]

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Travel Expenses and Business Planning Trips

It is the that time of year again, when most people are on vacation – or at least they wish they were.  With the current heat wave in Portland, many would probably go for an Alaskan cruise right about now.  Whether it is colder weather you are looking for or a tropical paradise, if you [...]

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Oregon Income Tax Increases – Sales Tax in Disguise?

Recent articles in The Oregonian laid accolades on the Oregon legislature for all they have done for us during this last session–really important things like banning puppy mills, making it illegal to “top off gas tanks when filling,” requiring calorie counts on chain restaurant menus, and raising the cost of higher education, which, by the way, has increased tenfold in [...]

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The IRS Does Not Value Your Time

This is a simple tax issue but surprisingly one that I get a lot of questions on.  Here is the common scenario…
I get a call from a small business owner who recently provided their services to a school at no cost as a “charitable contribution” (or at least in their mind).  The question is always [...]

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