This article was originally seen on The Register-Guard’s website. Recently, while at a routine health check-up, my doctor asked what I enjoy the most about my job as owner of Accurate Bookkeeping & Tax Services . “Is it doing corporate taxation, estate taxation, or individual tax returns?” After thinking about the question for a few… Read more »
Heightened Restrictions on Noncash Donations
Every year during tax season, clients bring us receipts from charities such as Goodwill or Saint Vincent de Paul for noncash donations. They attach the lists of clothing and goods donated with the thrift shop values filled in as we have asked them to do in the past. But, because of current regulations, this form… Read more »
Accurate Advice Newsletter – February 2015
2015 Oregon Tax Changes With the start of tax season comes a host of changes to not only federal law, but state laws as well. This year, a number of things are changing in Oregon, here is an overview of some of the changes. New Oregon tax forms All Oregon tax forms have been changed… Read more »
Accurate Advice Newsletter – January 2015
Accurate Advice Newsletter – August 2015
Accurate Advice Newsletter – September 2015
Accurate Advice Newsletter – October 2015
Accurate Advice Newsletter – November 2015
Accurate Advice Newsletter – December 2015
Cancellation of Debt – Foreclosures and Short Sales
When it comes to cancelled debt on real estate it generally comes from either a foreclosure or from a short sale. A foreclosure is when the lender repossesses a property from the borrower due to the loan being in default for an extended period of time. A short sale is when you sell real estate… Read more »