Tax Archives

Parnell and Perry join Dunn Carney

Portland, Ore. – Dunn Carney is pleased to announce that Christopher L. Parnell and Jeffrey S. Perry have joined the firm as Of Counsel.  Chris’ practice focuses on bankruptcy and creditors’ rights. He has extensive experience representing creditors, trustees and business … Continue reading

Tax Relief, Unemployment Reauthorization, and Job Creation Act of 2010

January 2011 You have probably heard or read that last month President Obama signed the Tax Relief, Unemployment Reauthorization, and Job Creation Act (the “Act”) into law. But in case you have missed some of the details of the Act … Continue reading

Year End Tax Planning

November 2010 As the 2010 year draws to a close, we are faced with significant impending changes in the federal tax laws. The following is a brief summary of some key tax provisions related to estate planning. If you have … Continue reading

Ten Tips for Taxpayers Making Charitable Donations

IRS Summertime Tax Tip 2010-21   Did you make a donation to a charity this year? If so, you may be able to take a deduction for it on your 2010 tax return. Here are the top 10 things the … Continue reading

Strategies For Coping With Ballot Measure 67

Feb. 2010   With the passage of Ballot Measure 67 last month, we must learn to live with its consequences. Most people with a TV heard that Ballot Measure 67 raised the minimum tax on business entities to $150.  Previously, … Continue reading

Stimulus –Help for the Terminated But More Work for Employers

 February 26, 2009 The American Recovery and Reinvestment Act of 2009 (the “Stimulus Bill” or “ARRA”) signed by the President February 17, 2009, provides relief to qualified beneficiaries of certain involuntarily terminated employees who terminate between September 1, 2008 and … Continue reading

A Charitable Reminder:New Reporting Rule and Other Reminders

March 2008 Many people get involved with tax-exempt organizations either by serving on their boards, volunteering for their programs, or simply by donating. People are often very proud of their involvement because of the mission and purposes of the organizations. … Continue reading

Are You Spending Too Much Time At Your Vacation Home? The IRS May Think So.

March 2008 Introduction A vacation home can be a great getaway, a wonderful investment and even a source of income. While a vacation home can provide many benefits, when it comes time to trade in the beach house for a … Continue reading

Dunn Carney Obtains IRS Approval of Management Buy-out of S Corporation

Sept. 2005 Dunn Carney recently received confirmation that the succession plan that it designed for an S corporation owner did not create a prohibited second class of stock, notwithstanding unique vesting and valuation issues relative to the stock being acquired … Continue reading