Cryptocurrency is a digital currency exchanged through a computer network that is not reliant on central authority such as government or bank. Individual coin ownership records are stored in a digital ledger verifying the transfer of coin ownership. The IRS uses the term “virtual currency” to describe the various types of virtual currency that are …
Reporting cryptocurrency transactions to the IRS Read More »
Solidstatetax.securefilepro.com is a secure web-based portal where we can complete the entire tax process remotely by exchanging highly encrypted files back and forth. You can also access any historical tax documents we have done together including your Federal 1040, Oregon 40, W-2’s, 1098’s, etc. The portal has a mobile friendly interface which will allow you …
Creating your own Oregon Revenue Online account is the most efficient and effective way to communicate with the Oregon Department of Revenue. Revenue Online is a secure web service that provides access to your tax account at any time. Registering with Revenue Online allows a taxpayer to: See your account status, including balances, credits, and …
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The Oregon Office of Economic Analysis (OEA) reconciles Oregon’s annual tax revenue. An annual kicker credit goes into effect when the actual state revenue exceeds the forecasted revenue by at least 2%. An amount calculated by the OEA is then returned to Oregon taxpayers through a credit on their tax return. On October 9th of …
(ORS 316.693) [Subtraction Code: 351] If you or your spouse turned 66 by the end of the tax year and have medical and/or dental expenses, you may qualify for the Special Oregon Medical Subtraction if: You or your spouse turned 66 by the end of the tax year Your federal AGI (adjusted gross income) doesn’t …