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How Does Equipment Depreciation Work For Assets Portland Business Owners Throw Away?
Quick Answer: When you dispose of broken business equipment, its depreciation stops immediately, allowing your bookkeeper to record the...
Savvy Tax Chick, LLC’s Playbook to Choosing the Right Entity Type For Business Success
Quick Answer: Selecting the optimal entity type for business success requires matching your structural framework to the daily operational...
The Savvy Tax Chick, LLC Guide to Minimizing Credit Card Processing Fees For Small Business Owners
Quick Answer: Small business owners can minimize credit card processing fees by switching from a flat-rate provider to an interchange-plus...
How Does The Employer Credit For Family and Medical Leave Work for Portland Small Businesses?
Quick Answer: The Section 45S tax credit allows eligible small businesses to offset up to 25% of paid family and medical leave wages or...
How To Hire An Intern For The Summer For Your Portland Business
Key TakeawaysPaid summer interns must be classified as W-2 temporary employees rather than 1099 independent contractors because they operate under...
Why Tariff Refund Claims Get Delayed for Portland Small Business Owners
*This guidance is based on CBP’s April 2026 CAPE/IEEPA refund guidance, current ACH refund enrollment rules, and general federal tax recovery...
How To File A Tariff Refund Claim for Your Portland Business
Key TakeawaysAs of April 20, 2026, the Consolidated Administration and Processing of Entries (CAPE) tool is the exclusive electronic system for...
Does the Tariff Refund Process Apply to My Portland Business?
Key TakeawaysOnly the Importer of Record (IOR) or an authorized customs broker can claim a refund. If a carrier like UPS or FedEx is the IOR, you...
The 2026 Business Mileage Rate vs The Standard Expense Method For Your Portland Business Vehicles
Key TakeawaysThe IRS business rate for 2026 is 72.5 cents per mile, a 2.5-cent increase from the previous year. To keep your options open, you...