Every tax season we see a growing percentage of Oregon taxpayers being selected for “Oregon manual processing”. Typically, the most common reason the Oregon Department of Revenue puts a tax return under “manual processing” is to further review the tax return to confirm that it was you who filed it and not someone else trying …
In May of 2020 voters in Portland approved a measure to raise money for people experiencing homelessness or at risk of experiencing homelessness. The program assesses a 1% tax on all taxable income of more than $125,000 for individuals and $200,000 for couples filing jointly. The program is also funded by a 1% tax on …
Metro Supportive Housing Services (SHS) Personal Income Tax Read More »
On November 3rd, 2020, Multnomah County voters approved a measure to establish a tuition-free preschool program. The PFA program is designed to give 3 and 4 year-olds in Multnomah County access to “free, high-quality, developmentally appropriate, culturally responsive preschool experiences”. The PFA program is funded by a personal income tax of 1.5% on taxable income …
Multnomah County Preschool For All (PFA) Personal Income Tax Read More »
(ORS 316.102) Oregon allows a tax credit for political contributions up to $50 for a single taxpayer and $100 for taxpayers filing jointly. The credit must be claimed in the same tax year as contributed. Qualifying contributions include candidates and their principal campaign committees, political action committees, and political parties. This credit phases out …