News Category: Tax Advisory: Oregon

Image of Oregon's State Capitol building
September 12, 2024

A Closer Look at Oregon Measure 118 (Oregon Rebate)

Measure 118 has been certified by the Oregon Secretary of State Elections Division and will be included on the November 2024 ballot.  If passed by Oregon voters, the measure would significantly increase the minimum tax required to be paid by … Read more…

Image of the map of Oregon
October 13, 2023

Largest Revenue Surplus in Oregon’s History Will Result in Kicker Credit on 2023 Returns

The Oregon Office of Economic Analysis (OEA) has confirmed a more than $5.61 billion revenue surplus in the 2021-2023 biennium, triggering a tax surplus credit, or “kicker,” for the 2023 tax year. The surplus—the largest in state history—will be returned … Read more…

Image of Mt. Hood with the Paid Leave Oregon logo and the words 'Assistance Grants'
September 6, 2023

Paid Leave Oregon Assistance Grants Now Available to Small Businesses

The State of Oregon Employment Department has announced that Assistance Grants are now available to small employers (fewer than 25 employees) who choose to pay into the Paid Leave Oregon program. These grants offer financial help to hire a temporary … Read more…

Image of Mount Hood and the Paid Leave Oregon logo
August 22, 2023

Paid Leave Oregon: New Resources

The Oregon Employment Department (OED) made available several new resources that employers can provide to employees who may need to apply for Paid Leave Oregon. As a reminder, employees could start applying on August 14th. These resources include:

June 7, 2023

Oregon’s Business Alternative Income Tax for Pass-Through Entities

In July 2021, Oregon established an elective Pass-Through Entity Tax (PTE-E), a business alternative income tax in response to the $10,000 cap on the federal State and Local Tax (SALT) deduction added in the 2017 federal Tax Cuts and Jobs … Read more…

Image of a multi-generational family
October 20, 2022

How Employers Can Prepare for Paid Leave Oregon

Now is the time for Oregon employers to start preparing for the state’s new paid family and medical leave insurance (PFMLI) program, known as Paid Leave Oregon. Funded through payroll taxes, employers and employees will begin paying into the fund … Read more…

Image with the State of Oregon that says 'Important Dates for Oregon Pass-Through Entities"
May 25, 2022

Upcoming Action Dates for Oregon’s Pass-Through Entity Elective Tax

In July 2021, Oregon established an elective Pass-Through Entity Tax (PTE-E), a business alternative income tax in response to the $10,000 cap on the federal State and Local Tax (SALT) deduction added in the 2017 federal Tax Cuts and Jobs … Read more…

Image of the state of Oregon with 'Tax Alert for Oregon Pass-through Entities'
April 29, 2022

Registration Opens June 6th for Oregon’s Pass-Through Entity Tax

Registration will open on Monday, June 6, 2022 for pass-through entities that are electing to pay the PTE-E tax. Registration is required before estimated tax payments can be made. Estimated taxes payment due dates are April 15, June 15, September 15 of the current … Read more…

Image of the Oregon State Capitol
October 14, 2021

Oregon releases plan for $1.9 billion “kicker” tax credit

A release from the Oregon Department of Revenue has confirmed a nearly $1.9 billion tax surplus, triggering a tax surplus credit, better known as a “kicker” for the 2021 tax year. Instead of kicker checks, the surplus will be returned … Read more…

Image of Oregon Department of Revenue logo
June 23, 2021

Corporate Activity Tax Registration & Key Deadline Reminders

As we approach the midway point of 2021, and the 2nd year of the Oregon Corporate Activity Tax, here are some important reminders for businesses with more than $750,000 in commercial activity in the state of Oregon. CAT Registration The … Read more…

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