Portland
Important Updates to Multnomah County’s Preschool for All Income Tax
Multnomah County has adopted amendments to the Preschool for All income tax program aimed to improve tax administration and compliance. Some of these key changes include: Electronic Filing: The County wants…
Read MorePortland passes Downtown Business Incentive Program
Portland’s central city has witnessed a substantial exodus of businesses since 2019, with many relocating to nearby counties. The official vacancy rate for office spaces in the central business district…
Read MoreOregon taxpayers to receive record $5.6 billion kicker tax rebate
Oregon taxpayers can anticipate receiving an unprecedented kicker tax rebate of $5.6 billion, based on the near-final forecasts released on Wednesday. This rebate works out to the median taxpayer receiving…
Read MoreNew Portland Tax Alignment for City, County, and Metro Approved
The Portland City Council recently voted to simplify the sales factor apportionment for businesses in the area. These approved changes would allow Portland, Multnomah County, and Metro taxing authorities to…
Read MoreMultnomah County Preschool Tax Q&A
Personal Income Tax Questions & Answers What are the income thresholds for taxation? Single filers – all Oregon taxable income over $125,000 is taxed at a 1.5% rate. All…
Read MoreMultnomah County Voters Reject Metro Payroll Tax; Approve Universal Preschool Measure
Portland-area voters rejected the Metro Council’s payroll tax on employers (Measure 26-218). The measure failed by a 57% to 43% margin. Conversely, Multnomah Country approved the Preschool for All Program…
Read MoreKBF Adds Debbie Spyker to its Employment Tax Services Practice
Please join us in welcoming Debbie Spyker to KBF. Debbie is joining KBF as an Employment Tax Services Consultant where she will focus on growing and developing our Employment Tax…
Read MoreMultnomah County Reviewing Two Tuition-Free Preschool Measures for November Ballot – Both Seek to Tax High-Earners
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 to be considered by the…
Read MoreKBF’s Portland Office Adds Jake Hoesly to its CTS Practice and Rob Buchan to its Accounting, Audit, and Advisory Practice
Please join us in welcoming Jake Hoesly to KBF. Jake is joining our Portland Office, where he will be focused on further growing and developing our Corporate Tax…
Read MoreAdditional Payroll Taxes Looming for Portland Metro Area Businesses
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 voted on this November. An…
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