Like its neighbors to the north (Washington), and south (California), Oregon has developed a reputation for being unfriendly to businesses. This reputation has its roots in several areas, but unfavorable tax policy is chief...more
2/18/2026
/ C-Corporation ,
Capital Gains ,
Income Taxes ,
New Legislation ,
Pass-Through Entities ,
Proposed Legislation ,
Qualified Small Business Stock ,
Small Business ,
State Taxes ,
Tax Exemptions ,
Tax Legislation ,
Tax Policy ,
Taxation
The Washington State Legislature has recently introduced Senate Bill 6229 (and complementary House Bill 2292), which would impose the State’s capital gains tax to gains realized from the sale of Qualified Small Business Stock...more
2/3/2026
/ Capital Gains ,
Capital Gains Tax ,
Investors ,
Proposed Legislation ,
Qualified Small Business Stock ,
Small Business ,
State and Local Government ,
State Legislatures ,
State Taxes ,
Tax Exemptions ,
Tax Legislation ,
Venture Capital
As highlighted in our prior legal alert on Washington State’s historic tax increases, the State enacted three luxury taxes aimed at aircraft, boats, and vehicles. This alert addresses all three taxes to help taxpayers plan...more
It appears that the flood gates have opened and that the IRS is finally processing and paying claims for the employee retention credit (ERC) en masse. After waiting a very long time (often years) with no contact from the IRS,...more
4/23/2025
/ Business Taxes ,
Corporate Counsel ,
Employee Retention ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
Statute of Limitations ,
Tax Credits ,
Tax Deductions ,
Tax Liability ,
Tax Planning ,
Tax Refunds ,
Tax Returns
On March 20, 2025, the IRS updated its guidance to employers that claimed the employee retention credit (ERC). The updated guidance materially differs from prior IRS guidance of how and when employers should report the income...more
4/9/2025
/ Corporate Counsel ,
Employee Retention ,
Employees ,
Employer Liability Issues ,
Filing Requirements ,
Income Taxes ,
Internal Revenue Code (IRC) ,
IRS ,
New Guidance ,
Popular ,
Reporting Requirements ,
Tax Credits ,
Tax Liability ,
Tax Planning ,
Tax Returns