From steve.purkeypile at state.or.us Wed Apr 7 13:03:53 2010 From: steve.purkeypile at state.or.us (PURKEYPILE Steve) Date: Wed, 7 Apr 2010 13:03:53 -0700 Subject: [Revenews] Dept of Revenue will be closed on April 16, 2010 Message-ID: <3EC90E1F764DDD4386E89207DF99251E037C5DC4@EXCHANGE2.dor.local> This is a reminder that the Oregon Department of Revenue will be closed on Friday, April 16th. The closure is one of ten government-wide furlough days scheduled throughout the 2009-2011 biennium. Be aware that department employees will not be able to respond to inquires (including in field offices) until state offices open again on Monday, April 19th. We recommend that you refrain from sending faxes to the department April 16-18. This closure does not impact the tax return filing due date of April 15, 2010. However, due to the high volume of e-filed returns during this time period and the office closure on April 16th, you may experience delays in receiving acknowledgements from the department. Steve Purkeypile Personal Income Tax Policy Oregon Department of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: From david.farr at state.or.us Fri Apr 9 15:13:26 2010 From: david.farr at state.or.us (FARR David) Date: Fri, 9 Apr 2010 15:13:26 -0700 Subject: [Revenews] Corporation form Instructions - Update Message-ID: <2611A15538E3864E97BFC16FA08B32FA03A2A5E0@EXCHANGE2.dor.local> Hello from Oregon, Based on Preparer feedback we are now providing the 2009 Corporation instructions in booklet-style PDF for forms: * 20 (150-102-020) * 20-I (150-102-021) * 20-S (150-102-025) * 20-INS (150-102-129), and * Schedule AP-Apportionment (150-102-171) They are located on our "Corporation Tax Forms and Instructions" page www.oregon.gov/DOR/BUS/forms-corporation.shtml#2009_Tax_Year We will also continue to offer the [Form (with text links to web instructions) ] as they are still official and accurate for Preparer use. Please don't hesitate to contact me if you have questions. Thanks, David Farr Corporation Forms & Systems Analyst Oregon Department of Revenue 503-945-8040 david.farr at state.or.us -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: att8B.jpg Type: image/jpeg Size: 8744 bytes Desc: att8B.jpg URL: From david.farr at state.or.us Wed Apr 14 12:17:11 2010 From: david.farr at state.or.us (FARR David) Date: Wed, 14 Apr 2010 12:17:11 -0700 Subject: [Revenews] C-Corporation's - "Oregon sales (for purposes of computing the minimum tax)" Message-ID: <2611A15538E3864E97BFC16FA08B32FA03A2A629@EXCHANGE2.dor.local> Hello Tax Professionals, See the expanded definition of "Oregon sales (for purposes of computing the minimum tax)" in the last two bulleted items under "Nonapportioned returns". Nonapportioned returns C corporations doing business only within Oregon will calculate Oregon sales by adding: * Gross receipts from sales of inventory (less returns and allowances), equipment, and other assets; * Gross rent and lease payments received; * Gross receipts from the performance of services; * Gross receipts from the sale, exchange, redemption, or holding of intangible assets derived from the taxpayer's primary business activity and included in the taxpayer's business income; and * Net gain from the sale, exchange, or redemption of intangible assets not derived from the taxpayer's primary business activity but included in the taxpayer's business income. This has also been updated in our form instructions and on our web-site. Please don't hesitate to ask if you have any questions, David Farr Corporation Forms & Systems Analyst Oregon Department of Revenue 503-945-8040 david.farr at state.or.us -------------- next part -------------- An HTML attachment was scrubbed... URL: From david.farr at state.or.us Thu Apr 22 16:16:19 2010 From: david.farr at state.or.us (FARR David) Date: Thu, 22 Apr 2010 16:16:19 -0700 Subject: [Revenews] 2007 one-time small sales credit for C corporations In-Reply-To: <2611A15538E3864E97BFC16FA08B32FA03A2A629@EXCHANGE2.dor.local> Message-ID: <2611A15538E3864E97BFC16FA08B32FA03A2A6DA@EXCHANGE2.dor.local> Hello Tax Professionals, * For tax year 2007, C corporations with Oregon sales of less than $5 million for the tax year may qualify for a one-time small sales credit. * The credit is equal to 67 percent of tax owed after all other credits. * If your C corporation qualified for this credit but didn't claim it on 2007 Form 20, 20-I, or 20-INS, there's still time. * You must file the C corporation's amended return by April 15, 2011, or within three years of the date you filed the original return, whichever is later. * Oregon sales, for purposes of this credit, are calculated as identified in OAR 150-317.092. * Non-apportioning corporations must calculate Oregon sales as if apportioning their income. Thanks, David Farr Corporation Forms & Systems Analyst Oregon Department of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: spacer.gif Type: image/gif Size: 45 bytes Desc: spacer.gif URL: From sofia.parra at state.or.us Fri Apr 30 09:40:54 2010 From: sofia.parra at state.or.us (PARRA Sofia) Date: Fri, 30 Apr 2010 09:40:54 -0700 Subject: [Revenews] Notice: Delay in cashing partnership minimum tax checks Message-ID: <2611A15538E3864E97BFC16FA08B32FA043A424A@EXCHANGE2.dor.local> We're experiencing a delay in cashing payment checks for the partnership minimum tax. This tax, which took effect with the passage of Measure 66 in the January 26, 2010 special election, required us to create a new process and modify our systems. It's currently taking about 6 weeks from the date received to post payments. If it's been 8 weeks or longer and we haven't cashed your check, please contact us to find out the status of your return or payment. To avoid penalty and interest, please do not cancel your check unless it has been at least 8 weeks and you have already contacted us. We've also added this notice to our partnership webpage. Check it out for the latest partnership information: http://www.oregon.gov/DOR/PERTAX/partnership.shtml. Sofia Parra OR Dept of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: From steve.purkeypile at state.or.us Fri Apr 30 09:49:34 2010 From: steve.purkeypile at state.or.us (PURKEYPILE Steve) Date: Fri, 30 Apr 2010 09:49:34 -0700 Subject: [Revenews] New ORB: Biomass Collectors and Producers Credit Message-ID: <3EC90E1F764DDD4386E89207DF99251E037C5E8F@EXCHANGE2.dor.local> The Oregon Department of Revenue has issued a new Oregon Revenue Bulletin (ORBs) regarding the Biomass Collectors and Producers Credit for tax years 2007-2009 (ORS 315.141 and OAR 150-315.141). You can access this and other ORBs by clicking here . In case you aren't familiar with them, ORBs are used when we want to publicly communicate important issues. They are primarily directed at tax professionals, but are available to anyone on our website. They will deal with issues surrounding corporate, fiduciary, and personal income taxes. Steve Purkeypile Personal Income Tax Policy Oregon Department of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: From cathleen.m.tavares at state.or.us Tue May 11 11:54:41 2010 From: cathleen.m.tavares at state.or.us (TAVARES Cathleen M) Date: Tue, 11 May 2010 11:54:41 -0700 Subject: [Revenews] Payrolltax News LISTSERV-May 2010 Message-ID: <05DD0E9E20376243998CD4079C2E4950084B0A1D@EXCHANGE2.dor.local> PayrollTax News LISTSERV May 2010 Edition Important Information: I. Withholding on Deferred Compensation/Annuities: Administrative Rule 150-316.189 states withholding on distributions from a commercial annuity, individual retirement plans and other deferred compensation plan is mandatory in the state of Oregon. However, under certain circumstances an individual may elect to have no state withholding by submitting a written request to the payer. Withholding is done just as if these payments were wages using the withholding tax formula and tables furnished by the Department and using the exemptions as claimed on the IRS form W4P. State withholding requirements are similar to federal. However, withholding is not required for a roll-over from one qualifying plan to another and Oregon does not follow federal backup withholding rules. Reporting: Employers making periodic distributions for pensions and annuities need to obtain a different Business Identification Number (BIN) from the BIN for their payroll account by submitting the Registration form, "Registration Report: Withholding on IRA's Annuities and Compensation Plans" located on our website at http://www.oregon.gov/DOR/BUS/forms-payroll.shtml . The same reporting forms and coupons are used as you would for your payroll tax reporting. (Oregon Quarterly Tax Report and Oregon Tax Coupons) If submitting withholding on any periodic payment using your Payroll BIN prior to obtaining your new number, you MUST add in the amount of this withholding to your payroll withholding for that particular quarter. For example, if you are reporting payroll withholding of $1750.00 for the 1st quarter of 2010, but you also sent in a withholding payment of $57.50 for a deferred compensation distribution, your total withholding for the quarter is $1807.50 instead of $1750.00. You also will need to include this amount on the form WR (Oregon Withholding Annual Reconciliation Report) for that account. For a more detailed discussion on how Oregon applies withholding rules to this special situation, please go to our website at http://www.oregon.gov/DOR/adminrules.shtml and review Oregon Administrative Rule 150 316.189, or see the "Combined Payroll Tax Booklet" for 2010, page 18. II. Educational Opportunities: A. Webinars: May 20th: Navigating the Oregon and IRS Web Sites Learn to find important information on both sites with less "clicks" saving valuable time and reducing frustration. This webinar is free...Register TODAY by going to https://cc.readytalk.com/cc/schedule/display.do?udc=y7y8tiux7qht 1099 MISC. Filing Requirements for State and Local Governments: See link: http://www.tax.gov/sbv_1099webinar/index.htm Learn who is required to file, what entities received the 1099MISC, what types of payment are subject to 1099MISC reporting and other useful information B. Events: Thurs. May 13th: 21st Annual OAME Trade Show-Oregon Convention Center, Portland Time: 10:00am-3:00pm Network and make contacts with over 120 businesses, state and government agencies helping minority, women and emerging small business. This show is free. Go to www.oame.org for complete information Saturday May 15th, 9:00am-2:00pm. IRS Open House Locations: 1220 SW Third Ave Portland 1660 Oak St. SE, Salem OR IRS will open Saturday to provide small business owners and individual tax payers dealing with notices and payments, return preparation and other tax issues. Thurs June 3rd, Lane Community College, Business Development Center Class: "Are You Really an Independent Contractor" Times: 10:00am-12:00pm. Location: Business Development Center. 1445 Willamette St. Suite 1, Eugene OR. Learn what it really means to be an Independent contractor in Oregon, the differences between State and Federal law, and the ramifications if employees are "mis-classified" Contact the Business Center at 503 463-5255 for additional information Weds, June 16th , Gresham Small Business Fair Location: Mt. Hood Community College. Please contact Gerri Raisanen at the SBDC by calling 503-491-7658 or emailing Gerri at Gerri.Raisanen at mhcc.edu for further information. The Payrolltax-News e-mail list provides employers with complete and up-to-date payroll tax information. Employers can self-subscribe here . Representatives in the Business Division will send information to employers through this list. Employers can request additional information by e-mailing payroll.help.dor at state.or.us . As a standard practice, e-mail sent from the department will be in text form only. Department of Revenue will not open attachments. Questions about list content and subscription problems should be directed to the list owner: Cathy Tavares Oregon Dept of Revenue Cathleen.M.Tavares at state.or.us 503-945-8762 -------------- next part -------------- An HTML attachment was scrubbed... URL: From cathleen.m.tavares at state.or.us Wed May 26 07:37:15 2010 From: cathleen.m.tavares at state.or.us (TAVARES Cathleen M) Date: Wed, 26 May 2010 07:37:15 -0700 Subject: [Revenews] (no subject) Message-ID: <05DD0E9E20376243998CD4079C2E4950084B0A90@EXCHANGE2.dor.local> Payrolltax News May 2010, Reminder: Just a reminder about two excellent educational outreach opportunities for businesses and payroll providers. Thurs June 3rd, Lane Community College, Business Development Center Class: "Are You Really an Independent Contractor" Times: 10:00am-12:00pm. Location: Business Development Center. 1445 Willamette St. Suite 1, Eugene OR. Learn what it really means to be an Independent Contractor in Oregon, the difference between state and federal law and the ramifications if employees are "mis-classified". This is an excellent class for any employer considering hiring "sub-contractors", or for those who have been classified as "Independent Contractors" Contact the Business Center at 503 463-5255 for more information and to register. This class is FREE. Weds, June 16th, Gresham Small Business Development Fair Times: 7:30-am-12:30pm Location: Mt. Hood Community College. 26000 SE Stark St. (Town and Gown Room) Gresham OR Learn about different resources available for businesses and employers. This free event will have workshops on "How to Open and Run Your Business", and a "Business Plan Workshop", plus a marketing seminar and resource fair. For further information, contact the Business Center at 503 491-7658, or e-mail to bizcntr at Mhcc.Edu ***(see attached flyer for this event) The Payrolltax-News e-mail list provides employers with complete and up-to-date payroll tax information. Employers can self-subscribe here . Representatives in the Business Division will send information to employers through this list. Employers can request additional information by e-mailing payroll.help.dor at state.or.us . As a standard practice, e-mail sent from the department will be in text form only. Department of Revenue will not open attachments. Questions about list content and subscription problems should be directed to the list owner: Cathy Tavares Oregon Dept of Revenue Cathleen.M.Tavares at state.or.us 503-945-8762 -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: SBDC_Business Fair Flyer_2010_CA1048_Revise.pdf Type: application/octet-stream Size: 1300049 bytes Desc: SBDC_Business Fair Flyer_2010_CA1048_Revise.pdf URL: From jeffrey.s.henderson at state.or.us Tue Jun 29 15:42:42 2010 From: jeffrey.s.henderson at state.or.us (HENDERSON Jeffrey S) Date: Tue, 29 Jun 2010 15:42:42 -0700 Subject: [Revenews] Two New Oregon Revenue Bulletins Message-ID: <05DD0E9E20376243998CD4079C2E49500906AED3@EXCHANGE2.dor.local> The Oregon Department of Revenue has issued two new Oregon Revenue Bulletins (ORBs): ORB 2010-05 explains Oregon's connection to the definition of federal taxable income and the Internal Revenue Code (IRC) for purposes of personal income tax and corporate excise and income tax. ORB 2010-06 clarifies that tax credits cannot be used to offset or reduce Oregon corporation minimum tax. Corporation minimum tax only applies to corporations subject to Oregon excise tax. You can access these and other ORBs at http://egov.oregon.gov/DOR/bulletins.shtml . ORBs are used when we want to publicly communicate important issues. They are primarily directed at tax professionals, but are available to anyone on our website. They will deal with issues surrounding corporate, fiduciary, and personal income taxes. If you're not already signed up, you can sign up to get Revenews on our website: http://www.oregon.gov/DOR/TAXPRO/revenews.shtml . Tammy Barz Business Policy Analyst Oregon Department of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: From steve.purkeypile at state.or.us Wed Jun 30 09:08:27 2010 From: steve.purkeypile at state.or.us (PURKEYPILE Steve) Date: Wed, 30 Jun 2010 09:08:27 -0700 Subject: [Revenews] How Much Do I Owe? release update Message-ID: <3EC90E1F764DDD4386E89207DF99251E037C609E@EXCHANGE2.dor.local> "How Much Do I Owe?" is now available to taxpayers from Revenue's internet home page-http://www.oregon.gov/DOR. Check it out and tell taxpayers about it. Taxpayers can find how much they owe in delinquent taxes and then go directly to the department's e-payment options to make a payment. The taxpayer must provide their: * last name; * SSN/ITIN; and * Oregon Taxable Income (OTI) and tax year from a previously filed tax return, or output id number from a DOR notice. The "How Much Do I Owe" page will show: * Debts from personal income tax and transit self-employment programs; * The previous 10 filing years; and * A credit balance or an amount due. The page will not show an amount due for liabilities that: * are older than 10 years; * have Innocent Spouse activity, unless it's the appropriate taxpayer; * are in Bankruptcy or have been sent to an outside collection agency for either taxpayer; or * are un-assessed with liability numbers greater than 2 due to on-line payment limitations and offset rules. It will show the year and tax program for these liability types, but not an amount due. Users will get a message to call a specific area at DOR for more information (e.g. CAP/Bankruptcy, Tax Services, etc.). The department is working on adding other functions for taxpayers to the web site. We'll keep you informed on new developments as they happen. -------------- next part -------------- An HTML attachment was scrubbed... URL: