We are excited to launch our brand new KS Advisor program, with a variety of content for businesses, including industry specific and legislative updates, as well as for personal and family needs. Check out our resource center, including our blog, monthly Q&A events, new video series, and more! |
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As you get ready for the upcoming tax season, be sure to get Partner Brent Laird's insights about tax deductions for individuals and businesses. |
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A lot of companies have made the move to Virtual Accounting. Partner Haley Lyons talks about why it may be a good option for you and your business or organization. |
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Avoiding Income Tax on the Sale of Stock
by Gunnar Haugen, Senior Manager
If it is true that, “for everything there is a season, and a time for every matter under heaven,” then the enactment of the Tax Cuts and Jobs Act (“TCJA”) brought about a season in which taxpayers should take the time to consider doing business through a C corporation.
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Three Things to Look for in Fraudulent Emails
by Trever Campbell, Senior Manager
Since the start of COVID, organizations have seen a significant increase in fraud and fraud attempts. A study by the Association of Certified Fraud Examiners (ACFE) shows that 51% of organizations have seen an increase in fraud uncovered since the start of COVID and that 71% expect to see an even greater increase in the coming year.
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LIBOR Transition Regulations
by Kaitlyn Coburn, Manager
London Interbank Offered Rate (LIBOR) has historically been the benchmark interest rate at which major global banks lend to one another. On March 5, 2021, the ICE Benchmark Administration (IBA) announced that publication of overnight, one-month, three-month, six-month, and 12-month USD LIBOR will cease immediately. To address the elimination of LIBOR, the IRS proposed regulations, which were then finalized on December 30, 2021.
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2022 Employee Benefit Plan Limitation & Plan Design Guides |
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To help keep you up-to-speed on employee benefit plan changes, we are pleased to provide you with our annual Employee Benefit Plan Limitation & Plan Design Guide as well as our Quick Reference Card with various plan limits.
We hope you find these useful as you work with your plans in 2022.
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Name, Image, and Likeness (NIL) - what is it exactly?
And what do student athletes need to know about the upcoming tax season and their new role as a business athlete?
Our newest KS Advisor Monthly Q&A takes place online on Thursday, February 24, at 4 pm. Partners Brent Laird, CPA, MST, and Kevin Bell, CPA, MST, will be on hand to answer your NIL questions.
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Save the Date for our March Q&A on Thursday, March 31.
If you have missed any of our previous monthly Q&A events, click here to watch the recording of the event. |
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Reminder for Bend-Area Clients |
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While our Bend office is currently in the process of relocating, please use our Eugene address for sending mail to our Bend team.
Kernutt Stokes
1600 Executive Parkway, Suite 110
Eugene, OR 97401
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Learn more about Kernutt Stokes, one of the 100 Best Companies to Work For in Oregon in 2021. Meet our people, experience our innovation, and discover the difference of working with Kernutt Stokes. |
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About Kernutt Stokes
Kernutt Stokes is a full-service accounting and business consulting firm established in 1945 with offices in Eugene, Bend, Corvallis, and Lake Oswego. Named one of the "100 Best Companies to Work For in Oregon," the firm specializes in privately-held and family-owned companies in construction, healthcare, manufacturing, transportation, and professional services. In addition to core accounting services, the firm provides accounting software consulting, 401(k) plan administration, business valuation, retirement planning, business consulting and other services.
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Bend | Corvallis | Eugene | Lake Oswego
541-687-1170
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