General
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…
Read MoreOregon 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…
Read MoreWashington 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…
Read MoreRemittance 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…
Read MoreHow 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…
Read MoreKBF 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…
Read MoreMajor 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…
Read MoreArizona 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…
Read MoreNew IRS Regulations for Semiconductor Manufacturing Tax Credits
The IRS has released final regulations for the Advanced Manufacturing Investment Credit under the CHIPS Act. If your company manufactures semiconductors or related equipment in the United States, you may…
Read MoreOECD blesses exemption of qualified “side-by-side” regimes from the application of Pillar 2’s IIR and UTPR taxes
Yesterday, January 5, 2026, the OECD announced several revised safe harbors, including one that reflects an agreement to allow multinational entity groups (“MNEs”) with ultimate parent entities (“UPEs”) that are…
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