Archives

February 24, 2010 - Ron Wyden showcases Bipartisan Tax Reform

The Bipartisan Tax Fairness and Simplification Act of 2010 By Senators Wyden (D-OR) and Gregg (R-NH) As Congress readies for the inevitable partisan debate over how best to address the expiring 2001 and 2003 tax cuts, U.S. Senators Ron Wyden (D-Ore.) and Judd Gregg (R-NH) today offered a bipartisan solution. […]


February 23, 2010 - Could Nike leave Oregon?

Business News Note: A few years the Governor of Arizona invited Phil Knight for a visit which immediately started rumors that the Governor was luring NIKE to his state.  Now the rumors are awaking again in light of new Measure 66-67 taxes passed on Oregon business that Phil Knight opposed. […]


February 22, 2010 - 9 bills to watch in Special Session

Oregon NFIB, The Oregon Legislature is now in its third week of the special session. Feb. 11 was the last day for bills to move out of their committee of origin, except for those in Revenue, Rules, or Ways and Means. This means a number of bills will be left […]


February 21, 2010 - US Chamber Report Finds Fault in Copenhagen Plan

New Energy Institute Analysis: Copenhagen Commitments Fall Short US Chamber of Commerce WASHINGTON, D.C.— A new analysis released today by the U.S. Chamber’s Institute for 21st Century Energy reveals that even if emissions reduction pledges made under the Copenhagen Accord were adopted, the world would still see a significant rise […]


February 20, 2010 - Businesses must report personal property by March 1

Oregon Department of Revenue, SALEM—From anvils to zeppelins, the personal property you use in your business may be taxed.  If you’re a business owner, the time to file your personal property return is March 1, according to the Oregon Department of Revenue.  Oregon law requires that all business owners-even owners […]


February 19, 2010 - Portland: More bikeways = less paved roads

For Portland, more bikeways mean fewer paved roads By Dr. Eric Fuits, EconInternational The Portland City Council unanimously approved the nation’s most ambitious bike-projects initiative Thursday, with Mayor Sam Adams promising to submit a $20 million “kickstart” funding plan within 30 days. At the heart of the proposal is nearly […]


February 18, 2010 - 19 Tax Changes in the Obama Budget

By Oregon Tax News, This month President Obama released a budget plan that emphasizes new spending freezes and fiscal accountability but comes with an extraordinary price tag.   Overall, the budget reveals federal spending will grow to $3.72 trillion dollars in the 2010 fiscal year and will increase to $3.83 trillion […]


February 17, 2010 - IRS to begin 6,000 random business audits

NW Business Litigation Blog Ater Wynne Oregon Attorneys at Law, The “tax gap” is the difference between what the IRS collects and what it thinks it is owed.  In 2005, the IRS estimated the gap was $345 billion, including approximately $60 billion in employment taxes.  To help close the gap, […]


February 16, 2010 - Consumer protection bils advance in Legislature

State Reprseentative Paul Holvey Press Release, House Committee Passes Key Consumer Protection Bills SALEM — The House Consumer Protection & Government Accountability Committee, chaired by Rep. Paul Holvey (D-Eugene), passed the following bills of note out of committee. HB 3624: Requires appraisal management companies (AMCs), which are often owned and […]


February 15, 2010 - Retail Sales: Consumers Showing Some Life

Markets Don’t Stay Bad Forever: Cycles, Trends, and an Oil Refining Example By Bill Conerly, Conerly Consulting, Businomics, The report on retail sales shows that consumers are loosening their purse strings, continuing a trend that is now about a year old, though with plenty of backsliding along the way. Some […]