From deanna.d.mack at state.or.us Wed Apr 4 14:27:29 2012 From: deanna.d.mack at state.or.us (MACK Deanna D) Date: Wed, 4 Apr 2012 21:27:29 +0000 Subject: [Revenews] iWire Direct Now Available Message-ID: <196CE7B07FCB2941ADD3AC48135252EA0DFF8F3BB0@MBX18.EXCHPROD.USA.NET> Payroll Tax News LISTSERVE Newsletter April 2, 2012 iWire Direct Now Available!! "iWire Direct," the direct-file option allowing you to manually enter your W2 information, is now available. Visit the iWire home page at: http://www.oregon.gov/DOR/BUS/iwire-income-wage-information-return-eservices.shtml. Use iWire Direct if you have just a few W-2s to enter. You simply enter the W2 information from the hard copy directly into our system. Review the manual entry instructions before trying to submit a file. Note: The deadline to submit W2's has been extended to May 31st 2012. . 1099 Reminder: If you issue 250 or more of any one type of 1099 that Oregon requires (currently only the 1099MISC, 1099R, 1099G, and W-2G) then you are required to file them with us if the payer or the payee has an Oregon address. If you have fewer than 250 this year, you are not required to file 1099s with us. In 2013 (for 2012 returns), that threshold drops to 100. In 2014 (for 2013 forms), the threshold drops again and applies to those that issue 10 or more. If you are not required to file 1099s electronically because you issue less than the threshold for this year, you are not required to file the paper copies with us. In the near future, you will be able to use iWire Direct to manually enter them if you choose to, but you are not required to because you do not meet the threshold. W-2C Information: If you need to correct a W-2 you already submitted to us, you must mail a paper copy to us at: Oregon Department of Revenue Attn: W-2C PO Box 14260 Salem, OR 97309-4260 Contact us: If you have any questions about iWire or iWire Direct, feel free to call our help line at 503 945-8127 or e-mail us at iWire.DOR at state.or.us. Our goal is to respond to your question within one business day. We are in the office Monday through Friday, 8 to 5. Deanna Mack Withholding and Payroll Tax Section Policy and Legislative Coordinator Data Classification: Level CL2-Limited [cid:image001.jpg at 01CD126F.0FBBAD00] Want the latest info regarding payroll issues? Self-subscribe to "Payrolltax-News" to find out all of the latest payroll tax information such as rate changes, legislative issues and new laws, and return processing questions. By signing up, you will receive an email with the latest info. Employers and other interested individuals can self-subscribe to the list by following this link: www.oregon.gov/DOR/BUS/payrolltaxnews.shtml -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.jpg Type: image/jpeg Size: 1843 bytes Desc: image001.jpg URL: From jeffrey.s.henderson at state.or.us Tue Apr 10 06:33:53 2012 From: jeffrey.s.henderson at state.or.us (HENDERSON Jeffrey S) Date: Tue, 10 Apr 2012 13:33:53 +0000 Subject: [Revenews] Don't use credits to offset minimum tax on Oregon corporation returns! Message-ID: <99C1619F36AA2E4E8B09F92AD3BB5C4B09F06FC787@MBX14.EXCHPROD.USA.NET> Hello Tax Professionals, When filing a current or prior year Oregon Corporation Tax return, do not use credits to reduce Oregon corporate minimum tax. If you use tax credits to reduce the minimum tax, the return will be adjusted. The Oregon Supreme Court is reviewing the Oregon Tax Court decision in Conway. To preserve your right to a refund pending the Supreme Court decision you may file a protective claim (only if you filed an original return). Do not amend for other issues on your Protective Claim for Refund. The protective claim filing should include only this credit offset issue. For complete information see "Can credits reduce Oregon's corporate minimum tax?" at http://www.oregon.gov/dor/BUS/Pages/corp-tax_main.aspx ________________________________________________________________________________________________________________ Please don't reply to this message. Send questions to mailto:minimumtax.help at state.or.us To see previous ReveNews http://listsmart.osl.state.or.us/pipermail/revenews/ Tax Professionals may subscribe/unsubscribe/or change options to Revenews. http://listsmart.osl.state.or.us/mailman/listinfo/revenews. -------------- next part -------------- An HTML attachment was scrubbed... URL: From jeffrey.s.henderson at state.or.us Fri Apr 13 12:32:23 2012 From: jeffrey.s.henderson at state.or.us (HENDERSON Jeffrey S) Date: Fri, 13 Apr 2012 19:32:23 +0000 Subject: [Revenews] Oregon excise tax addition on Forms 20, 20-S and 20-INS Message-ID: <99C1619F36AA2E4E8B09F92AD3BB5C4B09F0B75D29@MBX14.EXCHPROD.USA.NET> Hello Tax Professionals, Oregon law (ORS 317.314) doesn't allow a deduction for any state taxes upon or measured by net income or profits. Any amount subtracted for these taxes on your federal return must be added back on the Oregon return. Based on a recent Oregon Tax Court Order (Con-Way, Inc. & Affiliates v. Department of Revenue TC5003, 12/27/2011) the Oregon corporation minimum tax is not subject to the state tax add back provision. ________________________________________________________________________________________________________________ Please don't reply to this message. Send questions to mailto:minimumtax.help at state.or.us To see previous Revenews http://listsmart.osl.state.or.us/pipermail/revenews/ Tax Professionals may subscribe/unsubscribe/or change options to Revenews. http://listsmart.osl.state.or.us/mailman/listinfo/revenews. -------------- next part -------------- An HTML attachment was scrubbed... URL: From cathleen.m.tavares at state.or.us Fri May 4 07:47:08 2012 From: cathleen.m.tavares at state.or.us (TAVARES Cathleen M) Date: Fri, 4 May 2012 14:47:08 +0000 Subject: [Revenews] LISTSERV May 2012 (Outreach/education) Message-ID: Payrolltax News LISTSERV May 2012 (Outreach/Education) Please feel free to provide this information to anyone who might benefit from it. Educational Opportunities: Do payroll taxes confuse you? What needs to be reported and how? When are certain taxes due? What is the difference between an employee and an independent contractor? Where do I go for answers? Workshops, resource fairs, and classroom presentations are available to help you find these and other answers! For example, classroom presentations/workshops are being offered in conjunction with both Chemeketa College SBDC and Lane Community College SBDC to provide basic information on everything from "Getting Started" to Business and Payroll Taxes. Presented by payroll tax experts with the Oregon Department of Revenue, these workshops are free unless otherwise indicated. The goal is to make these workshops available to anyone who would like to attend. Please consider taking advantages of some of these opportunities. More will become available throughout the year: 1. Classes and Workshops (May-June) Chemeketa Community College Small Business Development Center 626 High St NE Salem OR 97301 Tele: (for more information and to register) call 503 399-5088 Thurs: May 24 - "Business Entities" Time: 10:00-12:00 Learn the differences between the different types of business structures and which one might be best for you! Thurs: June 28 - "LLC's and S Corp's": Time: 10:00-12:00 Corps and LLC's can be very confusing. What exactly is an LLC? What makes the S-Corp different from a standard Corp...? Learn more about these particular entities, common misconceptions people have, and why these structures have become so popular. *** More classes will be available starting July 1st. Lane Community College Small Business Development Center 1445 Willamette St Eugene OR Tele: (for more information and to register) call 541 463-5255 Weds May 9th: "S-Corps and LLC's: What is the Difference"? S-Corps and LLC's can be very confusing. What exactly is an LLC? What makes the S-Corp different from a standard corp...? Learn more about these particular entities, common misconceptions people have, and why these structures have become so popular. Weds, May 23rd: "Employers Survival Guide" How to get started Learn basic information about the things you need to consider when getting started in business. Do I need a business license or permits? How do I determine my business structure? What about employees? Learn step-by-step what is needed to help you get started on the "right foot." Weds. June 6th "Payroll Tax Basics" Time: 2:00-3:30 Now that you are starting payroll, what do you do? Learn the "ins and outs" of correctly reporting and paying state payroll taxes ***More classes will be available starting July 1st 2. Upcoming Business and Resource Fairs: OAME Business and Trade Show: Thurs, May 10th, Oregon Convention Center, Portland OR Admission is Free This tradeshow will host more than 128 small and large businesses, state, county and federal government agencies and business development resources to help minority, women and emerging small businesses grow. For more information go to www.oame.org or call 503 249-7744 Willamette SCORE: "How to Classify Workers" Thurs May 17: 6:00-7:30pm Eugene Public Library: Downtown Eugene Tele: 541 382-5450 Cost: free Learn the difference between an employee and independent contractor and why errors can be costly. Oregon Small Business Forum: Tues, August 21st. Oregon Assoc of Minority Entrepreneurs 4134 N Vancouver Ave, Portland OR 97217 Time 8:00-12:00 Admission is free Come hear guest speakers speaking on "Protecting your Business, your Employees and Clients from Identity Theft". You will also have the opportunity to network with other small business owners and agencies who serve small businesses ****Other events will be listed in future newsletters. ***Please feel free to contact us if you would like us to come and speak to your group or organization regarding payroll withholding tax obligations. For further information contact the LISTSERV owner below. 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 tamara.l.idsinga at state.or.us Tue May 15 11:48:17 2012 From: tamara.l.idsinga at state.or.us (IDSINGA Tamara L) Date: Tue, 15 May 2012 18:48:17 +0000 Subject: [Revenews] This is a test Message-ID: Testing......Testing.......Testing Tami Idsinga PIT Forms & Publications Coordinator Policy & Systems (503) 945-8520 Tamara.L.Idsinga at state.or.us -------------- next part -------------- An HTML attachment was scrubbed... URL: From deanna.d.mack at state.or.us Wed May 30 10:53:54 2012 From: deanna.d.mack at state.or.us (MACK Deanna D) Date: Wed, 30 May 2012 17:53:54 +0000 Subject: [Revenews] Oregon W-2 efiling due date approaching Message-ID: <196CE7B07FCB2941ADD3AC48135252EA0E0398952C@MBX18.EXCHPROD.USA.NET> IMPORTANT INFO RE: Electronically filing 2011 forms W-2 For all those that have already submitted your 2011 W-2s using iWire or iWire Direct, we thank you. We have had thousands of W-2s filed electronically with us so far this year. For those that haven't submitted your 2011 W-2s quite yet, don't forget the DUE DATE is this Thursday, May 31st. For information on electronically filing using iWire or iWire Direct, visit our website at http://www.oregon.gov/DOR/BUS/iwire-income-wage-information-return-eservices.shtml. If you have questions, please contact us at 503-945-8127 or iwire.dor at state.or.us. Deanna Mack Withholding and Payroll Tax Section Policy and Legislative Coordinator Data Classification: Level CL2-Limited [cid:image001.jpg at 01CD3E52.6B78ED60] Want the latest info regarding payroll issues? Self-subscribe to "Payrolltax-News" to find out all of the latest payroll tax information such as rate changes, legislative issues and new laws, and return processing questions. By signing up, you will receive an email with the latest info. Employers and other interested individuals can self-subscribe to the list by following this link: www.oregon.gov/DOR/BUS/payrolltaxnews.shtml -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: image001.jpg Type: image/jpeg Size: 1843 bytes Desc: image001.jpg URL: From shannon.ball at state.or.us Mon Jun 18 14:24:23 2012 From: shannon.ball at state.or.us (BALL Shannon) Date: Mon, 18 Jun 2012 21:24:23 +0000 Subject: [Revenews] A tax credit auction is coming! Message-ID: <16164CCBFAC1E849A49DBBB5248B71630AD24A0AEC@MBX18.EXCHPROD.USA.NET> A tax credit auction is coming! The Oregon Department of Revenue, in conjunction with the Oregon Film and Video Office, will be auctioning 12,000 income tax credit certificates, worth $500 each for a total of $6 million dollars. The sale of the tax credits will benefit the Oregon Production Investment Fund (OPIF). The minimum bid is $475 per certificate. The on-line auction begins on Monday July 9, 2012 and ends of Monday July 16, 2012. We would appreciate you getting the word out to any of your clients that may be interested. To find out more information, go to our website at: http://www.oregon.gov/dor/pertax/Pages/credit-auction-info.aspx Shannon Ball Personal Income Tax Policy Oregon Department of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: