Portland Oregon Tax Services Company
We are the best Portland, Oregon tax services company and your tax professionals in Portland. We do Individual Tax Services, small business tax services, estate, and nonprofit tax returns. We are licensed tax consultants and we often provide seminars for those seeking more information. To get your questions answered in person, attend our Free Tax Preparation Information Seminar In Portland – click to read more.
If you are feeling overwhelmed and overburdened from your experience with the IRS, then this time don’t go at it alone! Get help preparing prior year taxes, and responding to IRS notices. We can represent you so you don’t have to deal with IRS yourself and we can even get action against you postponed.
Find out more about our Small Business Tax Services in Portland
We also work with individuals, estates, trusts and some non profit although we haven’t had the time and energy to follow up in that field so try to mostly stick to small business.
Get help! Save money and keep on track.
Happy Happy Tax Service Clients
Read how our clients are more than satisfied with our services here on our Portland tax service comments page.
Unanswered tax questions?
Find your answers on our frequently asked tax questions page.
Contact Us
Call now or after business hours utilize our contact form and we will get in touch with you the following business day.
Ways to Save Money on Your Taxes
Whether you are an individual trying to get a bigger refund, or a small business with a complicated return, this website will help you get the information that you need. Our goal is to help you learn and keep you up to date on the changes that happen on a regular basis in the tax world.
On this site you will find information on starting or running a small business. You can browse recommended business books or interact with us. You can send us humorous and enlightening tax stories, or contact us with questions or suggestions. We will do our best to answer your questions and concerns quickly. Remember we do get busy until April 15th!
JOB LOSS CREATES TAX ISSUES
The IRS says that the loss of a job may create new tax issues. Important information is that Severance pay and unemployment compensation are taxable. Payments for any accumulated vacation or sick time are also taxable. You should ensure that enough taxes are withheld from these payments.
Generally, withdrawals from your pension plan are taxable unless they are transferred to a qualified plan (such as an IRA). If you are under age 59 1⁄2, an additional tax may apply to the taxable portion of your pension. See IRS Publication 575, Pension and Annuity Income, for more information.
Certain expenses incurred while looking for a new job may be deductible. Examples of deductible expenses include employment and outplacement agency fees, resume preparation, and travel expenses for job search and interviews. Moving costs you incur because of a change in your job location may be deductible. You must move more than 50 miles from your old job and work after you move. Moving to retire is not deductible. See IRS Publication 521, Moving Expenses, for more information.
Some displaced workers may decide to start their own business. The IRS provides information and classes for new business owners. Please visit www.irs.gov or see IRS Publication 334, Tax Guide for Small Businesses. The IRS recommends that if you have a small business you consult a tax consultant. This is because they know how complex it can be. Also your tax person can tell you about many of the tax breaks for small business.
