Blogs by Jonathan D. Mishkin

Deduction available for qualified business income

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, ...
New Statewide Transit tax

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 ...
Qualified Business Income

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 Due date for Foreign bank account reporting

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 ...