News
Indiana Tax Amnesty 2026: No Penalties, No Interest, No Collection Fees Until September 9
If your business or individual clients have unresolved Indiana tax liabilities, the state’s first tax amnesty program in over a decade is offering an unusually favorable path to resolution, but the window is narrow. For the first time in over a decade, Indiana is offering taxpayers a chance to settle outstanding tax debts without the…
Section 1202 QSBS Regulations Are Coming — Here’s What to Document Now
For founders, early employees, and investors in qualifying C corporations, the Section 1202 gain exclusion represents one of the most valuable tax benefits in the U.S. tax code — and it just got bigger. The United States Treasury Department is working with the IRS to develop regulations to implement recent statutory enhancements to the qualified…
The Real Cost of Getting Transfer Pricing Wrong: Five Categories of Exposure
Transfer pricing non-compliance is rarely a single, identifiable event. It tends to compound quietly — an undocumented service arrangement here, an informal loan there — until an audit notice arrives and the full cost of the oversight becomes visible all at once. This guide maps the five categories of cost that practitioners should understand before…
Transfer Pricing for CFOs and Tax Directors: A Compliance Guide for Cross-Border Expansion
The moment your company has a foreign entity and conducts any transaction with it, transfer pricing rules likely apply. This reference covers what triggers compliance, what it requires, and what it costs to get it wrong. There is no de minimis exception for transfer pricing transactions. Every sale of a tangible good, provision of a…
1099-OID vs. 1099-INT: Which Form to Use for Convertible Note Interest Reporting
Many startups issue convertible promissory notes and struggle with which tax form to use to report interest income: Form 1099-OID or Form 1099-INT. Getting it wrong can create compliance issues for both the issuer and the investor. What Is the Difference Between OID and Interest Income? Original Issue Discount (OID) arises when a debt instrument…
KBF State Income Tax Newsletter – 1st Quarter 2026
KBF’s quarterly newsletter updates clients on state and local income/franchise tax news, developments, and trends. Please note that this information is for discussion purposes only and does not constitute specific tax advice. With the passage of the One Big Beautiful Bill Act (OB3), states are now weighing in on how to respond, and their decisions…
Portland Startup Week 2026: KBF Advisory Event Guide
Portland Startup Week is one of the Pacific Northwest’s premier gatherings for founders, investors, and the broader tech and business community, and this year, KBF Advisory is proud to be showing up in a meaningful way across five Portland startup events during the week of May 11 to 14. May 11 — KBF Advisory Joins Merrill to Kick…
Section 250 After the OBBBA: What Corporations Need to Know
Treasury has never issued definitive guidance on how the Section 250 deduction interacts with Sections 163(j) and 172, and with OBBBA Section 250 changes now in effect, the stakes for domestic corporations are higher than ever. Since the Tax Cuts and Jobs Act introduced Section 250 in 2017, domestic corporations claiming the foreign-derived intangible income…
How OBBBA’s New Section 163(j) Rules Affect CFC Group Elections
This article is based on a live presentation by the KBF team. You can watch the full presentation or download the accompanying materials using the links below. Download the presentation here. In this article, we discuss one of the most consequential changes that Congress made to the business interest expense rules as part of…
Transfer Pricing Documentation: A Guide for Multinationals
A practical guide to arm’s-length pricing, compliance requirements, and protecting your company from costly audits. What is Transfer Pricing? If your U.S.-based company transacts with foreign affiliates, you are already engaged in transfer pricing, intentionally or not. The critical question is whether these arrangements are structured to withstand scrutiny under U.S. and international tax regulations,…
SB 1507 Signed: QSBS Impact for Oregon
Governor Tina Kotek has signed Senate Bill 1507 into law, decoupling Oregon from several federal tax provisions, including the Qualified Small Business Stock (QSBS) exclusion under IRC Section 1202 and bonus depreciation under IRC Section 168(k). For most businesses, the immediate tax impact stems from the loss of bonus depreciation. For founders and investors, the…
Oregon Tax Changes for 2026: SB 1507 & Federal Tax Disconnect Explained
Oregon Senate Bill 1507 partially disconnects Oregon’s tax code from three provisions of the federal “One Big Beautiful Bill Act” (H.R. 1). The bill has passed both chambers and is awaiting Governor Kotek’s signature. Changes apply starting with tax year 2026. The three disconnects: Oregon eliminates all conformity to the Section 1202 QSBS exclusion, with…