Wednesday, December 18, 2024

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Department of Revenue

PPP, EIDL, SBA monies not subject to Corporate Activity Tax

The Oregon Department of Revenue has determined that certain federal assistance to businesses under the Coronavirus Aid, Relief, and Economic Security (CARES) Act is not commercial activity under Oregon statute and will not be subject to the Corporate Activity Tax.

Underpayment interest relief available to some Oregon taxpayers

The Oregon Department of Revenue is providing relief for some taxpayers by waiving underpayment interest for taxpayers whose 2018 Oregon withholding and estimated tax payments were impacted by the federal Tax Cuts and Jobs Act.

New state payroll tax will fund transportation improvements in Oregon

Oregon employees will see a new one-tenth of one percent withholding tax on their pay stubs beginning July 1.

Fraudulent Mailings Tax Scam Warning

Caution is especially important because taxpayers may be surprised by scammers' newest trick: fraudulent mailings.

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