Tax Attorney Blog by Jonathan D. Mishkin

Qualified Business Income (Pass-Through) Under the Newly Enacted Tax Law

Just before Christmas, President Trump signed legislation providing a significant new tax deduction taking effect in 2018. This should provide a substantial tax benefit to individuals ...

New Statewide Transit Tax

As a result of the 2017 legislative session, effective July 1, 2018, all employers in Oregon are required to withhold, report and remit one-tenth of ...

New 20% Deduction Available For “Qualified Business Income” (“Pass-Through” Income)

There is a significant new tax deduction that provides a substantial tax benefit to individuals with "qualified business income" from a partnership, S corporation, LLC, ...

Considerations for Utilizing C Corporations Under New Tax Law

While the reduced 21% tax rate for C corporations under the Tax Cuts and Jobs Act (TCJA) has been wonderful news for these entities and ...

Tax First Act

H.R. 3151, the “Taxpayer First Act” was signed into law on July 1, 2019, to modernize and improve the Internal Revenue Service.  The Taxpayer First ...

Taxpayer First Act Continued

Continuing from our post on Wednesday, here's additional information that we thought would be important to share! IRS must give notice of intent to contact ...

IRS Releases Guidance on Taxation of Cryptocurrency:

On October 9, 2019, the IRS released Revenue Ruling 2019-24 and a question and answer document (FAQs on Virtual Currency Transactions) that confirm when cryptocurrency owner's ...

Child Care Subsidy for Beaverton School District Attendance Area

Washington County has secured a grant through the federal CARES Act to provide child care subsidies to parents/guardians. The Beaverton School District will be distributing ...

New Due Date for Foreign Bank Account Reporting

If you’ve ever filed a foreign bank account report (FBAR), then June 30 may be ingrained in your memory as the filing deadline. It had been ...