Thursday, November 21, 2013

Owners of LLCs May Qualify For New, Lower Oregon Tax Rates!


Harris Berne Christensen LLP has published an important update regarding new tax rates that take effect in 2015.  These new business income tax rates give a significant tax cut to business owners . . . if they have the correct business structure and if they meet the requirements. If necessary, you may want to consider restructuring to take advantage of these new lower tax rates.  Read more.

In addition, Oregon's unemployment tax rates will fall in 2014 for the first time in three years. The average tax rate will drop from 3 percent to 2.76 percent, a savings of $85 per employee on average.