As you revel in the financial benefits of your endorsements and partnerships, it’s crucial to remember the responsibility that comes with it—taxes. The tax deadline
On December 22, 2023, the IRS released Rev. Proc. 2024-09 containing new and revised procedural guidance concerning specified research and experimental (SRE) expenditures under IRC
Effective January 1, 2024, U.S. and foreign entities doing business in the U.S. may be required to disclose information regarding their beneficial owners to the
Forms 1099 Businesses (including Schedule C’s; farms, rentals, etc.) are required to prepare these annual informational returns for certain amounts paid during the conduct of
The Internal Revenue Service (IRS) has released the new 2024 contribution limits for investors’ retirement accounts, bringing some noteworthy changes. These adjustments impact 401(k) plans,
A Tax Break with a Patriotic Purpose Oregon has taken a remarkable step in recognizing the sacrifices and contributions of National Guard members by implementing
Oregonians have a reason to celebrate as the state is set to inject some unexpected cash into the pockets of eligible residents. The Oregon ‘kicker’
Consolidated groups that acquire new members that were members of another consolidated group can elect to waive all or part of the pre-acquisition portion of
State and local taxes represent a key and often material part of a business’s total tax liability. Many states are reporting budget surpluses, reducing tax rates
In recent years, the world of college athletics has seen a significant shift with the introduction of Name, Image, and Likeness (NIL) regulations. This means
With tax season fast approaching and it is taking the Internal Revenue Service (IRS) and Oregon Department of Revenue (ODR) 7-10 days to confirm your
This article is part of BDO’s series on the White House’s Comprehensive Framework for Responsible Development of Digital Assets. The federal government has long recognized
