Oregon now offers a subtraction for amounts you deposited during the tax year into a designated FTHBSA, along with any earnings on your deposits. Who may claim the subtraction? Any Oregon resident who hasn’t purchased or owned a single-family home, either individually or jointly, in the three years prior to the date of their planned …
Oregon’s First-Time Home Buyer Savings Account (FTHBSA) Read More »
Who has to pay it, why they must pay it, and where the money goes ($76 million since 2012) The Arts Education and Access Income Tax was approved by Portland voters in the November 6, 2012 general election (Ballot Measure 26-146). Every Portland Resident age 18 or older, must file either an annual arts tax return, …
What is the difference between an Enrolled Agent and a CPA? Both an Enrolled Agent and a Certified Public Accountant are credentials that require arduous effort and examination. One credential is administered by the state and the other is administered by the federal government. A state credentialed CPA must complete 150 undergraduate hours and pass …