• 503 925 4558

Accounting & Tax Advice

Plan to Buy a New Truck on December 31?

Are you considering buying a new vehicle or truck before the last day of the year?  Do you want to know how much can be deducted for depreciation in the first year? The deduction depends if the vehicle is an automobile rated less than 6,000 GVW, truck or van between…

Continue Reading

Time to clean out the files

You are wondering how much of the stuff in your file drawers you can clean out, throw away or shred.  Year-end is a good time to clear out the old to get ready for the new.  Spend some time setting up your system for keeping valuable tax and financial records.…

Continue Reading

Overtime Rule Delayed

On Tuesday, November 22 a U.S. District Court judge granted a preliminary injunction blocking the Department of Labor’s (DOL) new overtime regulation from going into effect on December 1, 2016. The injunction gives the court more time to review the rule, and make any final decision on the DOL’s rule,…

Continue Reading

Defense Against Cyber Threats and Phishing Snares

Financial data and personal information is vulnerable to the attacks of cyber criminals.  Identity thieves are actively trying to obtain your tax and financial documents. Do you know how to protect your financial and business data from ransomware, malware, email phishing and other threats? As tax professionals, we are keenly…

Continue Reading

Overtime rules: What Employers Should Know

The Fair Labor Standards Act (FLSA) has protected employees from unfair treatment since 1938.  The law establishes minimum wage, overtime pay, record-keeping and youth employment standards effecting employees in the private and public sector. Employers need to understand how to classify workers and identify how these rules apply to them.…

Continue Reading