From shannon.ball at state.or.us Tue Jul 2 09:22:03 2013 From: shannon.ball at state.or.us (BALL Shannon) Date: Tue, 2 Jul 2013 16:22:03 +0000 Subject: [Revenews] Tax Credit Auction Begins Monday Message-ID: <16164CCBFAC1E849A49DBBB5248B7163174F518587@MBX18.EXCHPROD.USA.NET> Tax credit auction starts Monday! 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. 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 this Monday July 8, 2013 and ends Wednesday July 17, 2013 at 5pm. To find out more information and to place a bid, go to our website at: http://www.oregon.gov/dor/PERTAX/Pages/credit-auction-info.aspx -------------- next part -------------- An HTML attachment was scrubbed... URL: From shannon.ball at state.or.us Mon Jul 22 15:55:49 2013 From: shannon.ball at state.or.us (BALL Shannon) Date: Mon, 22 Jul 2013 22:55:49 +0000 Subject: [Revenews] Oregon 2013 forms/instructions Message-ID: <16164CCBFAC1E849A49DBBB5248B7163174F6BD04A@MBX18.EXCHPROD.USA.NET> It is that time of year again to begin drafting the 2013 forms and instructions. While preparing the 2012 Oregon Personal and Business Taxes, did you notice anything on the forms you wish would be different? Were the instructions confusing or not available? Now is the time to voice any changes you would like the department to consider while drafting the personal and business income tax forms and instructions. Please email your suggestions to prac.revenue at state.or.us. In the subject line please put the title of the form or instruction you are providing suggestions for. Thank you for your assistance! -------------- next part -------------- An HTML attachment was scrubbed... URL: From tracy.grover at dor.state.or.us Mon Jul 29 10:28:05 2013 From: tracy.grover at dor.state.or.us (GROVER Tracy) Date: Mon, 29 Jul 2013 17:28:05 +0000 Subject: [Revenews] (no subject) Message-ID: Payroll Tax News LISTSERV July 2013 Edition Please feel free share this information. Reminders * 2nd quarter returns are due on July 31, 2013 * Payments for the unemployment insurance, workers benefit fund assessment and transit taxes are due on July 31, 2013. Use the Form OTC with every payment you make to the department. * If your business closed during the quarter please fill out the Business Change in Status. * If the address for your business changed or you added/removed a location please fill out the Business Contact Change Form. Central Business Registry Central Business Registry (CBR) is the State of Oregon's vision for simplifying the process of registering a business in Oregon, by providing a single online application for businesses to register with multiple state agencies as well as federal and local government agencies. This allows all businesses to submit changes online, not just those that initially registered through CBR. https://secure.sos.state.or.us/ABNWeb/ The State of Oregon is working to expand the number and variety of online services available through the Central Business Registry. The services currently available include: Registrations for Employer Payroll Taxes Combined Employer Registration (for Oregon Payroll Tax Reporting) from the Oregon Departments of Revenue, Employment, and Consumer & Business Services, if you will have employees. Business Contact Change Form Need to update address and phone numbers Need to update offsite payroll services, accountants or bookkeepers Outreach and Education * Governor's Marketplace Roadshow This is an opportunity for small business owners and key personnel to meet and enhance your relationship with State and Federal agency representatives and technical service providers. o 7/30/13 - North Bend, OR o 7/31/13 - Lincoln City, OR o 8/1/13 - Astoria, OR o 8/13/13 - Clackamas, OR o 9/10/13 - Grants Pass, OR o 9/11/13 - Klamath Falls, OR o 9/12/13 - Bend, OR o 9/19/13 - La Grande, OR http://www.oregon.gov/gov/MWESB/pdf/2013%20Governor's%20Marketplace%20Roadshow.pdf * Oregon Small Business Fair This is a One-Stop Resource Event for Small Business Information, Training and Networking. o 9/28/13 - Portland, OR http://www.mhccbizcenter.org/oregonbizfair/ Legislation HB 2492 (Connection to federal tax law) This bill updates the connection date to the federal Internal Revenue Code (IRC) and other provisions of federal tax law; including the American Taxpayer Relief Act of 2012. Although this bill retains the connection date of December 31, 2011 for the federal earned income tax credit, all other provisions covered in this law have a connection date of January 3, 2013. This bill is effective on the 91st day after adjournment sine die (on or about October 8, 2013). HB 2464 (Information Return Penalties) This bill allows the Department to assess penalties when a person fails to file or who files an incomplete or incorrect information return. The penalty is $50 per information return (W2 or 1099) up to a maximum amount of $2,500. This bill also allows for penalties for a person who knowingly fails to file or knowingly files an incomplete, false or misleading information return. The penalty is $250 per information return up to a maximum amount of $25,000. The effective date of this bill is the 91st day after adjournment sine die (on or about October 8, 2013), but the bill only affects those information returns issued to the Department on or after January 1, 2014. SB 183 (Taxpayer Notification) This bill allows the Department to provide notice to a person by means other than regular mail if the Department and person entitled to notice enter into a notification agreement and there is no other law that expressly prohibits using another means of notification. This bill had an emergency clause and became effective upon passage. However, this law only applies to notices given by the Department on or after January 1, 2014. SB 184 (Delivery of Notice of Garnishment) This bill allows an employee of the Department to deliver a Notice of Garnishment to a garnishee in person, by first class mail, certified mail or another method if the garnishee has approved an alternate method. The Department may not seek sanctions against a non-complying garnishee unless the garnishment has been delivered in person by an employee of the Department or by certified mail. This bill had an emergency clause and became effective upon passage. SB 185 (Notice of Garnishment exclusions) This bill eliminates the requirement of the Department to deliver a warrant or a true copy of the warrant with a Notice of Garnishment when garnishing the property of a debtor. This bill also removes the requirement of a handwritten signature by the person issuing the Notice of Garnishment. This bill had an emergency clause and became effective upon passage. However, this law only applies to Notices of Garnishment issued on or after January 1, 2014. Employment Reminder OTTER (Oregon Tax Employer Reporting) ***Note about Technical Support*** During peak reporting times it may take 24-48 hours for an OTTER Support Representative to return your call. If you are unable to reach a staff member by phone, you may e-mail taxinfo at emp.state.or.us. For frequently asked questions and common issues, please go to the Otter Home Page link below or clicking on the FAQ's link in OTTER. http://www.oregon.gov/EMPLOY/TAX/pages/otterhome.aspx Otherwise, you may call the Technical Support Line at 503-947-1544, option 6. We apologize for any inconvenience this might cause and appreciate your patience. -------------- next part -------------- An HTML attachment was scrubbed... URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: Picture (Device Independent Bitmap) 1.jpg Type: image/jpeg Size: 725 bytes Desc: Picture (Device Independent Bitmap) 1.jpg URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: Picture (Device Independent Bitmap) 2.jpg Type: image/jpeg Size: 725 bytes Desc: Picture (Device Independent Bitmap) 2.jpg URL: -------------- next part -------------- A non-text attachment was scrubbed... Name: Picture (Device Independent Bitmap) 3.jpg Type: image/jpeg Size: 2202 bytes Desc: Picture (Device Independent Bitmap) 3.jpg URL: From shannon.ball at state.or.us Mon Aug 19 09:58:28 2013 From: shannon.ball at state.or.us (BALL Shannon) Date: Mon, 19 Aug 2013 16:58:28 +0000 Subject: [Revenews] Another tax credit auction is coming Message-ID: <16164CCBFAC1E849A49DBBB5248B7163174F873863@MBX18.EXCHPROD.USA.NET> Another tax credit auction is coming! The Oregon Department of Revenue, in conjunction with the Oregon Department of Energy, will be auctioning 3,000 income tax credit certificates, worth $500 each. The sale of the tax credits will benefit the Oregon Renewable Energy Development Fund. The minimum bid is $475 per certificate. The on-line auction begins at 9am on Monday August 26, 2013 and ends Wednesday September 4, 2013 at 5pm. We would appreciate you getting the word out to any of your clients that may be interested. To find out more information, visit our website at: http://www.oregon.gov/dor/PERTAX/Pages/credit-auction-info.aspx Shannon Ball, Personal Income Tax Policy Coordinator Oregon Department of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: From jeffrey.s.henderson at state.or.us Thu Aug 22 16:26:13 2013 From: jeffrey.s.henderson at state.or.us (HENDERSON Jeffrey S) Date: Thu, 22 Aug 2013 23:26:13 +0000 Subject: [Revenews] Oregon Supreme Court ruling-minimum tax may be reduced by credits Message-ID: <99C1619F36AA2E4E8B09F92AD3BB5C4B56AE1F6BC3@MBX14.EXCHPROD.USA.NET> Oregon Supreme Court ruling-minimum tax may be reduced by credits The Oregon Supreme Court recently upheld the judgment of the Oregon Tax Court and ruled that a Business Energy Tax Credit (BETC) may be allowed against the corporation minimum tax. The decision (Con-way, Inc. & Affiliates v. Dept of Revenue, SC S060141) addressed only the BETC but we're interpreting the ruling to broadly apply to corporation tax credits. There are two credits that are specifically prohibited from being allowed against the minimum tax. * Contributions of computers or scientific equipment credit (ORS 317.151). * Surplus kicker credit (ORS 291.349). When will you begin issuing refunds based on the ruling? Our return processing system doesn't easily allow us to reduce the minimum tax with credits. Now that we have the ruling we're working on programming the necessary changes into our system. We believe we'll begin processing returns and issuing refunds October 1, 2013. I filed a timely protective refund claim for this issue; do I need to contact you to have the claim processed? If you filed your protective refund claim on an amended tax return there is no need for you to contact us. We'll process your claim as soon as our processing system is up. If you filed your claim in letter format, you will need to file an amended tax return. We'll then process your amended return as soon as our processing system is up. If the refund statute of limitations is no longer open for your amended return, attach a statement to your return indicating you filed a timely protective refund claim in letter format. I haven't filed a protective refund claim for this issue; may I still file a protective refund claim? No. Protective refund claims are no longer an option for this issue. The protective claim was only available to prevent the refund statute of limitations from expiring during litigation. If the refund statute of limitations is still open, you may file a timely amended corporation tax return to apply tax credits against the corporation minimum tax. We can process the amended return and issue a refund. Visit www.oregon.gov/dor/business for information on filing an amended corporation tax return. IMPORTANT: If you claim "other credits" on your amended corporation tax return, you must attach a schedule that clearly identifies the credit(s) being claimed. -------------- next part -------------- An HTML attachment was scrubbed... URL: From shannon.ball at state.or.us Mon Aug 26 10:00:12 2013 From: shannon.ball at state.or.us (BALL Shannon) Date: Mon, 26 Aug 2013 17:00:12 +0000 Subject: [Revenews] A tax credit auction starts today! Message-ID: <16164CCBFAC1E849A49DBBB5248B7163174F8D63F1@MBX18.EXCHPROD.USA.NET> Reminder - The tax credit auction starts today! The Oregon Department of Revenue, in conjunction with the Oregon Department of Energy, will be auctioning 3,000 income tax credit certificates, worth $500 each. The sale of the tax credits will benefit the Oregon Renewable Energy Development Fund. The minimum bid is $475 per certificate. The on-line auction begins Today, August 26th at 9am and ends Wednesday September 4th at 5pm. More information can be found at: http://www.oregon.gov/dor/PERTAX/Pages/credit-auction-info.aspx Shannon Ball, Personal Income Tax Policy Coordinator Oregon Department of Revenue -------------- next part -------------- An HTML attachment was scrubbed... URL: