Perkins & Co

The Oregon Rebate 2024 initiative (Oregon IP-17) could introduce a new 3% tax on corporations with sales of $25M+. At Perkins, we break down what this could mean for your business and how to prepare. Given the timing of the vote this fall and the proposed effective date of IP-17, it is critical to start planning for potential impacts on your business before Election Day. Don't miss our latest blog post for expert insights on navigating these potential tax changes. https://bit.ly/4cLR7my #Accounting #CPA #FinancialAdvisor #Oregon #Tax #Taxes #TaxPlanning

🌈 Happy Pride Month! 🌈 As June comes to a close, we'd like to shine a spotlight on some incredible organizations chosen by our amazing team at Perkins. These groups do vital work supporting the LGBTQ+ community and are near and dear to our peoples' hearts. - Q Center 💜 - The Trevor Project 🏳️🌈 - Out in the Open 🌟 Swipe through to learn more about these amazing causes and how you can support them. Remember, every small action makes a big difference! Let's spread love, awareness, and positivity together, and continue to support and champion our community all year round.    #PrideMonth #Pride #LGBTQSupport #CelebrateDiversity #LoveIsLove 

A June 6 SCOTUS decision significantly shifted how life insurance proceeds are treated in federal estate tax calculations. The case centered on whether life insurance proceeds, used by a corporation to redeem a deceased shareholder's stock, should be included in the decedent's gross estate for federal estate tax purposes. The Supreme Court concluded that these proceeds are corporate assets, impacting the estate's tax liability. Our latest blog post dives into what this means for corporations and their shareholders, and we're here to help you understand and adapt to these changes. Learn more by reading our full blog post here ➡️ https://bit.ly/3zoRll9 #Tax #Taxes #TaxPlanning #Business #BusinessOwner #EstateTax #EstateTaxes #FinancialAdvisor

We are absolutely delighted to welcome our summer 2024 interns to Perkins! During their immersive journey into the world of public accounting this summer, they will gain invaluable hands-on experience and collaborate with our esteemed team of professionals. We hope the next few months will not only help shape their careers but also create enduring memories to treasure forever. If you happen to notice someone missing from the photo, it's because one of our fantastic interns is participating in the program remotely—proof that talent knows no bounds, not even geographic ones! So, please join us in celebrating our latest team additions and extending our heartfelt wishes for a summer brimming with accounting knowledge, professional development, and lots of fun in between! Ashley Strain, Ben Anicker, Damon Tanner, Loraine Yow, Mason Calcagno, Jeremy Brands, Alondra Ruiz, Thomas Moshinsky, Roxanne Landau, Zach Anderson, Dylan Johnson #Accounting #Internship #Interns

Time flies when you're mastering the art of audit and assurance! June 1 marked 20 incredible years of Travis Irving rocking it with us at Perkins. From a kid hustling in his family's grocery store in eastern Oregon—juggling cash register duties and stocking up on life lessons—to becoming the go-to guy at Perkins for everything from compliance to business consulting, Travis is our very own superhero in slacks and a button-up (or a Giants jersey, depending on the day.) As the steadfast leader of our assurance and nonprofit practice groups, Travis tirelessly serves clients in various industries. From manufacturing and distribution to insurance, healthcare, real estate, and construction, his service background is as diverse as his taste in sports. Travis isn't just about the numbers and work, though. He also loves giving back to the community and sits on several organizations' boards and committees in the PNW. When he's not strategizing and working with clients, you may find Travis in the great outdoors with a golf club in hand or carefully planning his next trip in pursuit of visiting every Major League Baseball stadium with his son. So here's to 20 years of Travis Irving—part number-cruncher, part adventure-seeker, and all-around awesome guy. Whether he's in the boardroom, his office, or on the bleachers, Travis has shown us what it means to blend passion with profession. Cheers to you, Travis!

As we wrap up AANHPI (Asian Americans, Native Hawaiians, and Pacific Islanders) Heritage Month, we are excited to highlight some incredible businesses within these communities right here in Portland, OR, as featured in this DoPDX article. We invite you to join us in celebrating diversity and supporting our local economy by visiting these businesses that make our vibrant community so unique, and we encourage you to celebrate the rich cultures and contributions of the AANHPI communities year-round, not only in May. https://bit.ly/3R81BnL #AANHPI #AAPI #APIDA #CelebrateDiversity #PortlandOregon

Whether you're a real estate expert or just now breaking into the industry, our tax experts want to demystify the concept of cost segregation so you can make informed decisions about your real estate investments. Check out our latest blog update at https://bit.ly/4aC7MHE to learn more! #Accounting #RealEstate #Taxes #Tax #FinancialAdvisor #Business

Our CPAs understand property managers have a lot going on, and it can be challenging to keep up with new tax laws and changes when you've got so much on your plate! If you're a property manager, we want you to know that we're in your corner so that you can provide the highest possible level of service to your investors, owners, and tenants. Your operational and financial decisions could impact your business when it comes to your tax return filings. Are you ready to learn what our real estate-savvy CPAs at Perkins think great property managers should know?  Check out our latest blog post at https://bit.ly/4bp3C7d #Accounting #RealEstate #Taxes #FinancialAdvisor #PropertyManagement #Business

2023's data on craft brewery market share is in, and the industry's overall market share by volume grew to 13.3% in 2023, up from 13.2% the year prior. Despite setbacks like increasing costs and competition, staffing challenges, and shifts in consumer preferences, the craft beer movement continues to grow. If your brewery operation is looking to expand, you'll want to read our blog about the ten things your brewery CPAs want you to know before opening a second location. https://bit.ly/4arwsm2 #CraftBeer #Breweries #SmallBusiness #Accounting #Business #FinancialAdvisor

If you're using QuickBooks Desktop software, you'll want to read this post! Starting May 31, 2024, QuickBooks Desktop 2021 will be discontinued, along with certain integrated services. Users who do not upgrade the software by the deadline will stop receiving critical security updates from Intuit that are necessary for data protection. Are you curious to learn more about the upcoming changes and what your options are? Read our latest blog post at https://bit.ly/4bwtVYJ #Intuit #QuickBooks #Accounting #Bookkeeping #FinancialAdvisor