2020 Tax Return Notices To Be Aware Of

Oregon Department of Revenue Notice of Adjustment Oregon has changed the amount of interest this year on the underpayment of estimated tax shown on your 2020 tax return. Interest on underpayment of estimated tax is charged if you don’t pay enough by the due date of withholding or by making estimated tax payments.   Review the description section of the notice …

The American Rescue

“The only two certainties in life is death and taxes.” Ben Franklin Based on the last few years, I propose a minor edit to the famous Ben Franklin quote: “The only certainties in life are death and ever-changing tax rules”  The American Rescue Plan Act of 2021 and other recent developments/legislation affect many Americans: April 15th isn’t April 15th.  Due …

Canopy Requests for Information Received in Error.

First off, apologies for any stress or confusion.   We have been contacted by numerous clients and currently, I have an auto-reply message in response.  We will do our best to individually reply to each client today.  Your security and peace of mind is important to us.  The upside and bottom-line: There was no hack, no data breach, no data loss, …

2020 and The Coolest Cooler

If you are reading this message, congrats on surviving an “interesting” year.  The grind of tax season has trained me a bit for the isolation that comes with socially distancing, but I finally cracked during the September wildfires.  I ducked out to the beach twice just to be able to breathe.  Full gallows humor soon set in and I would …

COVID-19 Assistance & Relief Programs

We’re sorry.  Truly sorry for any, and everyone negatively affected by this mess. To that end, many of our clients are reaching out and wondering what relief resource are available. There are a number of local and national individual and business relief programs that we are happy to inform you of and have listed below. Please keep in mind, these …

Deadlines, IRS, Oregon and Moving Targets.

Growing up, I was a huge fan of Bob Barker and The Price is Right.  Couldn’t tell you why, but loved me the bids, the wheel, the Showcase Showdown and Bob’s signature ending, reminding everyone to get their pets spayed and neutered.  During this current crisis, I feel compelled to start off and end nearly everyone conversation with friends and …

GGT COVID-19 Response

Happy St. Patrick’s Day!  Everyone wearing a green face mask?  Good.  Legend has it, Saint Patrick banished all snakes and other reptiles from Ireland.  Today, when many of us would normally be teasing each other about an absence, or abundance of green clothing/accessories, many of us at bars or parades or some other type of revelry, we find ourselves in …

Welcome to the team, Clifton Foo, E.A.

Hi! I’m Clifton!I was born and raised in Singapore and worked for 15 years in the Asia Pacific region and Europe, before moving to the United States in 1997. More than ten years ago, I felt proud to become a naturalized US citizen, together with my wife and two children – both of whom are working adults and making their …

Tax Cuts and Jobs Act of 2017

President Trump has signed the Tax Cuts and Jobs Act of 2017 and there are a few things you can do before year end to save on taxes in 2017 that might not be deductible in 2018:Pay your State Income estimated taxes due in January before year end.  Even if they aren’t deductible due to Alternative Minimum Tax, you won’t …

Season’s Greetings from Go Green Tax

Hello and Season’s Greetings everyone out there in Radioland. Hope you are staying warm and catching up with the ones you love and enjoying whatever you celebrate. In my family, if you do something once, it becomes a tradition. Some of them are great and some of them I wonder why we do them, but it’s all about making memories. …