News
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…
Washington State Millionaire Tax (2026): 9.9% Income Tax Explained
Washington State’s New Income Tax on Millionaire Residents Washington was one of the few states that did not impose an income tax on its residents. Things changed when Governor Bob Ferguson signed SB 6346 into law on March 30, 2026. The new law imposes a 9.9% tax on individuals earning annual income that exceeds $1…
Remittance Transfer Excise Tax: What Businesses and Providers Need to Know
The One Big Beautiful Bill Act, signed July 4, 2025, introduced a 1% federal excise tax on certain cross-border money transfers sent from the U.S. under IRC Section 4475. It took effect January 1, 2026, and despite its modest rate, the compliance and planning implications are significant. Who the New Excise Tax Affects The tax…
How Transfer Pricing Can Minimize State Nexus for Consumer Goods Companies
Expanding into e-commerce or DTC sales can create unexpected state tax nexus. Learn how transfer pricing policies can help companies reduce multi-state tax exposure. Consumer Goods Company Avoids State Nexus with Proper Transfer Pricing Policy Company Fact Pattern The company designs, manufactures, and distributes a range of consumer products. As it expanded into direct-to-consumer ecommerce,…
KBF State Income Tax Newsletter – 4th Quarter 2025
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. California updated its alignment with federal tax law by ten years, now matching the federal code as of January 1, 2025. However, the…
Major Tax Law Changes for Manufacturing and R&D Companies
The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, provides significant tax advantages for companies investing in capital assets and manufacturing facilities. Companies can maximize their tax savings by using cost segregation studies alongside bonus depreciation. Cost segregation identifies assets that qualify for accelerated depreciation, increasing first-year deductions and deferring…
Arizona R&D Tax Credit: Significant Tax Savings for Innovation
Arizona offers one of the most valuable state R&D tax credits in the country, and many businesses conducting research activities may be missing out on substantial tax savings. If your company develops new products, improves processes, or invests in technical innovation within Arizona, you could significantly reduce your state income tax liability through the Arizona…