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Jeff A. Kieckhafer

12750 High Bluff Drive,
Suite 160
San Diego, CA 92130

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Greg Fletcher

Gregory A. Fletcher

5285 Meadows Road
Suite 420
Lake Oswego, OR 97035

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Executive Order Allows Tax Deferral of Social Security Tax for Employees

By KBF Editorial | September 4, 2020

On August 9, 2020, President Trump signed an executive order that allows for the deferral of withholding, deposits, and payments of the employee portion of…

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Supreme Court Denies Review of Tax Breaks for Big Tech Companies in Altera but the Controversy Continues

By KBF Editorial | August 27, 2020

The Supreme Court denied a petition of certiorari in Altera v. Commissioner on June 22, 2020, a closely followed case from the Ninth Circuit concerning…

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Proposed Reliance Regulations on Disallowed Transportation and Commuting Expenses

By KBF Editorial | August 12, 2020

Background As amended by the Tax Cuts and Jobs Act (TCJA), Internal Revenue Code (“IRC”) Section (“Sec.”) 274(a)(4) disallows deductions for the expense of any…

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Temporary California Net Operating Loss Suspension Signed into Law

By KBF Editorial | August 5, 2020

History California has at times either restricted the ability of individuals and corporations to utilize the full carryover amount of net operating losses (“NOLs”) or…

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Multnomah County Reviewing Two Tuition-Free Preschool Measures for November Ballot – Both Seek to Tax High-Earners

By KBF Editorial | July 29, 2020

Multnomah County has two tuition-free preschool measures that may go to the ballot this November. The first campaign, Universal Preschool Now, has received enough signatures…

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Seattle’s City Council Passes ‘JumpStart Seattle’ Payroll Tax on Big Businesses – Mayor Returns Bill Unsigned with New Proposals

By KBF Editorial | July 25, 2020

Seattle’s City Council recently passed a 20-year tiered payroll tax on businesses with payrolls greater than $7 million. Mayor Jenny Durkan returned the bill to…

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Oregon Legislature Makes Changes to Corporate Activity Tax (CAT); Second Payment Deadline on July 31, 2020 Remains for Taxpayers

By KBF Editorial | July 24, 2020

The Oregon Corporate Activity Tax (CAT) is imposed on taxpayers that have commercial activity of more than $1 million. Although many Oregon taxpayers have asked for…

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UPDATE: Portland Metro Council Votes to Refer Payroll Tax to November Ballot

By KBF Editorial | July 21, 2020

On July 16, 2020, the Portland Metro Council unanimously voted to send a $7 billion transportation plan to the November ballot. This tax will impose…

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The State of Wayfair in 2020: State and Local Income Tax Implications Two Years After the Wayfair Decision

By KBF Editorial | July 7, 2020

In 2018, the U.S. Supreme Court overturned the long-standing physical presence standard for sales-and-use tax nexus in South Dakota v. Wayfair (“Wayfair”).  Since then, nearly…

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The Future of International Taxation: BEPS 2.0, DSTs, or What?

By KBF Editorial | July 6, 2020

Even as regulatory guidance is still being issued by the U.S. Treasury, nearly 2-1/2  years after the enactment of sweeping changes to the international taxation…

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Determining the Accounting for Loans Under the Payroll Protection Program

By KBF Editorial | June 30, 2020

The question has arisen regarding how to account for loans received by companies under the Payroll Protection Program (“PPP”) of the CARES Act as there…

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Additional Payroll Taxes Looming for Portland Metro Area Businesses

By KBF Editorial | June 27, 2020

The Metro Council has recently outlined its plan to raise the necessary funds for the $7 billion “Get Moving 2020” transportation initiative that will be…

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