1-800Accountant, America’s leading virtual accounting firm for small businesses, expertly manages your bookkeeping and accounting tasks with comprehensive services designed to foster the growth and development of your small business.
Business Tax Preparation: Have your taxes prepared and filed by a CPA who specializes in your industry. Entrust the complexities of Oregon tax preparation to our CPAs, who have more than 17 years of experience on average, so you can enjoy peace of mind about your business tax situation and save thousands annually.
Bookkeeping: Fortify your financial base and control your cash flow with precise, error-free bookkeeping done for you that saves time and produces vital data-driven business insights. This meticulous approach supplies the optimal tools for data interpretation with easy-to-understand reporting, enabling your accountant to create essential financial models.
Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business CPA. Strategic planning helps minimize your business tax liability in Oregon throughout the year while ensuring compliance.
Payroll: Free up several hours in each pay period with our efficient payroll service handled for you with regular tax submissions to the state. This allows you to concentrate on other business areas without the burden of doing payroll yourself.
Business Formation: Benefit from officially registering your business in Oregon with our complimentary incorporation service. You cover the state fees, and we handle everything else. This puts you on a path to hiring staff, opening a business bank account, and enjoying an optimized business tax structure for maximum tax savings.
Oregon Corporate Tax Rates and Brackets
Corporate Tax Rate | Corporate Tax Bracket |
---|---|
6.0% | $0 |
7.60% | $1,000,000 |
When Do You Have to File Business Tax Returns in Oregon?
Partnerships Due Date - Annual Returns | C-Corp Tax Due Date - Annual Returns | S-Corp Tax Due Date - Annual Returns |
---|---|---|
The 15th day of the third month after year end for calendar year filers | The 15th day of the month following the due date of the federal corporation return | The 15th day of the month following the due date of the federal corporation return |
LLC Renewal Dates and Fees in Oregon
How Often Do You Have to Renew Your LLC? | LLC Formation Filing Fee | LLC Yearly/Biennial Filing Fee |
---|---|---|
Annually | $100 | $100 |
Single Filers - Oregon Tax Rates and Brackets
Single Filer Rates | Single Filer Brackets |
---|---|
4..75% | $0 |
6.75% | $4,300 |
8.75% | $10,750 |
9.90% | $125,000 |
Single Filers - Oregon Exemptions and Deductions
Standard Deduction (Single) | Personal Exemption (Single) |
---|---|
$2,745 | $249 credit |
Married Filing Jointly - Oregon Tax Rates and Brackets
Married Filing Jointly Rates | Married Filing Jointly Brackets |
---|---|
4.75% | $0 |
6.75% | $8,600 |
8.75% | $21,500 |
9.90% | $250,000 |
Married Filing Jointly - Oregon Exemptions and Deductions
Standard Deduction (Couple) | Personal Exemption (Couple) |
---|---|
$5,495 | $498 credit |
When selecting an accountant or bookkeeper for your Oregon small business, you should consider these factors:
Knowledge of Oregon Tax Laws: Ensure the financial professional is familiar with Oregon's unique tax structure, including no sales tax and a state income tax that varies by income level. They should also understand property and excise taxes relevant to your business operations in the state.
Expertise in Key Local Industries: Oregon has a diverse economy with strong sectors in technology, forestry, and agriculture. Look for an accountant who has experience in these industries and can navigate their specific financial and regulatory hurdles.
Understanding of Sustainability Incentives: Given Oregon's focus on environmental sustainability, choose an accountant knowledgeable about state incentives for green practices and renewable energy investments, which can offer tax benefits and credits.
Experience with Startups and Tech Companies: Portland and other areas of Oregon are hubs for startups and tech innovation. If this describes your business, find an accountant with experience in venture capital funding, equity compensation, and the financial challenges typical of tech startups.
Familiarity with Multi-State and International Business: If your business operates both within and outside of Oregon, particularly in the Pacific Northwest or internationally, ensure the prospective accountant can handle multi-state and international tax issues effectively.
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.