Tax Tips

Here we give tax tips, ideas, events, and other various happenings at or around SST.

Oregon’s First-Time Home Buyer Savings Account (FTHBSA)

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 …

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The Portland Art Tax

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, …

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