Blog - RG Accounting

Oregon W-2 and 1099 Guide for Employers

1099s and W-2s Made Simple for Oregon Employers A practical year-end guide to getting payroll and contractor forms right, with...

Annual Accounting Reviews for Small Businesses

Annual Accounting Reviews: A Smart Move for Smarter Business Every small business owner wants to grow, reduce expenses, and make...

Business Consulting for Startups & Small Businesses

Strengthen Your Business Strategy with Expert Consulting from RG Accounting Introduction: Don’t Navigate Business Alone Running a successful business requires...

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Why Budget Planning Is Essential for Small Business Success

Why Budget Planning Is Essential for Small Business Success Introduction: A Budget Is More Than a Spreadsheet Every successful business,...

Year-End Financial Cleanup Services for Small Businesses

End-of-Year Financial Cleanup for Small Businesses—Why It Matters More Than You Think Introduction: End-of-Year Shouldn’t Mean End-of-Control As the calendar...

Stay Compliant with RG Accounting’s Sales Tax Support Services

Stay Compliant with RG Accounting’s Sales Tax Support Services Introduction: Sales Tax Doesn’t Have to Be So Confusing If you’re...

Start Your Business Strong with Professional Entity Setup & Licensing Support

Start Your Business Strong with Professional Entity Setup & Licensing Support Starting a Business? Start It the Right Way. Dreaming...

Why Every Small Business Needs Professional Accounting Support

Why Every Small Business Needs Professional Accounting Support Introduction: Free Yourself From the Numbers Game Small business ownership is a...

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Why a Clean General Ledger is the Backbone of Your Business

Why a Clean General Ledger is the Backbone of Your Business Introduction: The Foundation of Every Financial Decision Imagine trying...

Specialized Accounting Services That Help Your Business Do More

Specialized Accounting Services That Help Your Business Do More Introduction: Accounting That Goes Beyond the Basics If you’re relying solely...

Simplify Your Payroll Process with RG Accounting’s Full-Service Support

Simplify Your Payroll Process with RG Accounting’s Full-Service Support Introduction: Payroll Shouldn’t Be a Headache For small business owners, payroll can...

How to Streamline Your Bookkeeping Process with RG Accounting Services

How to Streamline Your Bookkeeping Process with RG Accounting Services Understanding the Benefits of Outsourcing Outsourcing bookkeeping services can be...

Tax Tips for Small Businesses and Entrepreneurs in Portland

Understanding Tax Deductions for Small Businesses in Portland Common Business Expenses You Can Deduct So, let’s talk about tax deductions...

Revamp Your Financial Records: The Benefits of Account Records Cleanup

The Importance of Accurate Financial Records Making Informed Business Decisions Keeping financial records clean and accurate is crucial because they...

Mastering QuickBooks: Setup and Training with RG Accounting Services

Understanding QuickBooks Basics Navigating the User Interface When we first open QuickBooks, the user-friendly interface makes it easy to get...

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Tailored Accounting Solutions: How Specialized Services Can Benefit Your Business

The Importance of Industry-Specific Accounting Services Understanding Unique Industry Challenges In the Portland Metro area accounting scene, we know that...

Restricted Stock & RSUs: 3 Planning Tips

Equity compensation is becoming more mainstream and is not just for executives anymore. Grants of restricted stock or restricted stock...

How to Develop a Hybrid Work Policy Post-Pandemic

According to a Prudential survey, 87 percent of respondents said they would prefer to work remotely at least one day...

How Will Uncertain Inflation Outlook Impact Stock Market?

The June 16 Federal Open Market Committee (FOMC) meeting Q&A session with Chairman Jay Powell and recent comments from The...

Wishing on a Star: Investors Pour Billions in to SPACs

A SPAC is a special purpose acquisition company. It is typically sponsored by a venture capitalist or a private equity...

5 Tips for Going Back to the Office

Slowly, our world is changing. A percentage of the population has been vaccinated and many employees are headed back to...

Audits in Accounting: Improving Audit Quality with Data Analytics

Auditing is crucial to ensure the accuracy and fairness of financial information. However, one of the biggest threats to audit...

Recognizing the Abolishment of Slavery and Compensating Law Enforcement, Overseas Federal Employees and Disaster Relief Victims

Juneteenth National Independence Day Act (S 475) – This bill authorizes Juneteenth National Independence Day on June 19 as a...

The Biggest Winners and Losers in President Biden’s Proposed Individual Tax Plan

President Biden presented his $1.8 trillion American Families Plan, which focuses on expanding benefits for education, children and childcare. The...

Vaccine Hesitancy: Why We Have It and How It Affects Employers and Employees

According to a Tufts University survey, six in ten of those surveyed are now vaccinated against COVID-19. However, almost 40...

Will The Federal Reserve Create a Taper Tantrum in 2021?

With the economy reopening and more Americans receiving COVID-19 vaccinations, the economy is expected to be operating on all cylinders....

Real Estate Opportunities in 2021

Even before the pandemic began, the U.S. residential real estate market was short on houses, with more people looking to...

6 Ways to Make Saving Money Fun

Let’s face it. Saving money is a challenge at best – and really hard the rest of the time. But...

How to Choose the Right Accounting Software for your Business

Business accounting activities can be tedious when performed manually and are prone to errors. For these reasons, many businesses have...

Addressing Hate Crimes, Banks Serving the Cannabis Industry and Unilateral Power to Restrict Immigration

Comprehensive Debt Collection Improvement Act (HR 2547) – This bill would expand financial protections and restrictions on debt collection activities...

Everything There is to Know About the New Child Tax Credit

The Child Tax Credit as we know it originated during the Clinton administration, but the recently enacted American Rescue Plan...

How Businesses Can Hedge Against Increasing Inflation

Inflation is on the rise. According to a recent Economic News Release from the U.S. Bureau of Labor Statistics (BLS),...

How Will a Steepening Yield Curve Impact Markets?

Based on data from the Federal Reserve Bank of St. Louis, the spread between the 10-year and two-year constant maturity...

New Rules and Ways to Use HSAs/FSAs

People who own a high-deductible health insurance plan may have the ability to open a health savings account (HSA). They...

7 Ways to Save 10K a Year

If you’re scratching your head and wondering if we’ve lost our minds, please keep reading. You can do this. All...

E-Invoicing Presents Opportunities for Businesses to Save

Invoicing is an important process in any business. Unfortunately, it’s also a laborious process that requires accuracy. With technology advances,...

Advancing Healthcare Initiatives, Small Business Funding and Protecting the Elderly from Scams

FASTER Act of 2021 (HR 578) – This bill expands the definition of major food allergens for food-labeling purposes to...

Tax-Free Student Loan Forgiveness is Part of the Latest Covid-19 Relief Bill

The recently passed American Rescue Plan (ARP) Act of 2021 includes a provision making nearly all student loan forgiveness tax-free,...

How Companies Can Become More Nimble During the Product Lifecycle

The majority of U.S. industrial product company CFOs have shared concerns that COVID-19 would impact their businesses negatively. For companies...

How Will the Projected Commodity Super-Cycle Impact Investors in 2021?

As the January 2021 World Bank Pink Sheet documented, prices increased month-over-month from November 2020 to December 2020. Highlights include...

Roth Conversion in 2021?

In 2020, a year when all income brackets benefited from lower tax rates, the stock market took a nosedive at...

3 Best Ways to Save for College

What if you could save enough for your child to go to college debt-free? It might sound impossible, but with...

How Cloud Accounting Helps Small Businesses Gain Competitive Edge

In a continuously changing business environment, small businesses have a challenge to keep up. It’s especially expensive to keep pace...

Economic Stimulus, Making the Post Office Solvent Again, Gun Control, Voting Rights and Restricting China’s Influence

American Rescue Plan Act of 2021 (HR 1319) – This $1.9 trillion relief bill provides stimulus money to address the...

Four Essential Questions You Should Ask Your Tax Professional This Season Related to COVID-19

Good tax professionals ask the right questions to ensure they understand your situation and can help you to the best...

Some Businesses Rely on Line of Credit to Escape Damages Caused by Pandemic

As businesses attempt to work their way through to a post-pandemic world, there are various means to bridge the financial...

How Will Surging Oil Prices Impact the Economy in 2021?

Now that the Keystone XL pipeline is being shut down and southern parts of the United States are experiencing extremely...

The Impact of COVID on Life Insurance

If someone you know died from COVID-19 and had an existing life insurance policy, there should be no problem receiving...

5 Cities Rank as Ideal Locations for Remote Workers

According to the National Bureau of Economic Research, in late spring of 2020 about half of American workers were working...

How AI Chatbots are Transforming Businesses

When a business moves its services online, it runs the risk of losing the close connection it had with customers....

Securing Jobs for Cabinet and Congress Members, Inspector Generals, and Apprentices – and Honoring Capitol Police Officer Eugene Goodman

To provide for an exception to a limitation against appointment of persons as Secretary of Defense within seven years of...

New Year-End Tax Provisions

In late December, Congress passed the Consolidated Appropriations Act, which in addition to providing COVID-19 relief provisions also included many...

How Firms Can Restore Balance Sheets to Better Health

According to the World Bank Group, for businesses in emerging markets and developing economies, the bottom fourth percentile of the...

How Will Single Party Governing Impact the Markets in 2021?

About four in 10 Americans (41 percent) look positively toward single-party control at the national level, according to an October...

While Many Suffer Financially, Some Manage to Profit off Pandemic

The Federal Reserve recently reported that the 50 richest people in the United States increased their net worth by $339...

How to Budget During a Pandemic

Right now with everything that’s going on, navigating your finances might feel overwhelming. However, there are some strategies that will...

Business Process Management Systems Provide Variety of Benefits to Owners

All businesses have one thing in common, and that is processes. Business processes – whether direct or indirect – are...

Protecting American Ports, Federal Buildings, Allies, Oceans, and Whistleblowers

Save Our Seas 2.0 Act (S 1982) – This bill was introduced by Sen. Alan Sullivan (R-AK) on June 26,...

Paying the Price for Vice: The Evolving Landscape of Excise Taxes in America

While excise or vice taxes have long been a part of the American tax landscape related to alcohol and cigarettes,...

COVID-19 Vaccination Considerations for Employers

Looking at a 2009 letter from the U.S. Department of Labor, Occupational Safety and Health Administration (OSHA), employers may be...

How Will the Biden Administration’s China Policy Impact Markets?

The Obama and Trump administrations couldn’t have had a more different approach when it came to U.S. relations with China....

What To Know About Filing For Bankruptcy

About one million Americans file for personal bankruptcy each year, with one in 10 households having filed at some point....

Deciding if a Roth IRA Conversion is For You

Roth IRAs can be a powerful tax tool, but they are often misunderstood and misused. Investment income in Roth IRAs...

Standalone 5G Networks: Potential Vulnerabilities that Could Result in Denial of Service for Customers

5G networks promise high speeds, lower latency, and more robust security compared to its predecessors – and this has created...

Prosecution for Use of Performance Enhancement Drugs, Modernizing Government Technology, and Enhancements for Veterans and Their Caregivers

Rodchenkov Anti-Doping Act of 2019 (HR 835) – This bill was introduced by Rep. Sheila Jackson Lee (D-TX) on Jan....

2021 Social Security Tax and Benefit Increases Announced

The Social Security Administration recently announced 2021 increases to both benefits and the taxable wage base for FICA taxes. Increases Announced...

How Businesses Can Adapt, Grow During COVID-19

In order to survive – and even thrive – during these unprecedented times, small businesses have had to find new...

How Will the Biden Administration Influence the Federal Reserve?

With the nation on the precipice of a transition of administrations on Jan. 20, 2021, there will need to be...

Last Minute Financial Moves for Year’s End

There are certain year-end financial transactions that must clear by Dec. 31 to be reported on the 2020 tax return....

COVID-19 Vaccine Rollout: Where We Are So Far

While the pandemic is not over, we do have some good news. There are vaccines and they will be available...

Will StarLink be the Next Disruption to the Telecommunication Industry?

With every new project comes expectations, uncertainties, questions, opposition, and more. Elon Musk’s StarLink internet is one such project. Just...

A Flush of Protections for Veterans and Native Americans

Veterans’ Compensation Cost-of-Living Adjustment Act of 2020 (HR 6168) – Introduced by Rep. Elaine Luria (D-VA) on March 10, this...

Our Top 6 Year-End Tax Planning Tips

This has been a year of economic and tax uncertainty with the impact of the COVID-19 pandemic, potential stimulus bills...

How to Effectively On-board & Train Employees Virtually

With COVID-19 still requiring remote working, companies that effectively on-board new workers retain their workers longer, have better worker performance...

How Would a Second Stimulus Check Impact Markets?

The $1,200 stimulus check sent out to individuals had mixed impacts on our economy, based on academic research, including by...

A Realistic Picture: Will You Be Able to Afford In-Home Elder Care?

By the end of September, the nation had recorded over a quarter million cases of COVID-19 and nearly 60,000 deaths...

Why Gratitude is Important During a Pandemic

We’re living in unprecedented, challenging times. If you’re feeling stressed and scared, you’re not alone. However, there is a way...

Exploring Brain Computer Interface: Tech That Connects to Your Brain

Imagine using your mind to control machines, or your employer reading how you feel in real time from a dashboard?...

Dial 9-8-8 for a Mental Health Crisis; Enforcement Against Violence in the Native American Community; and Enhanced Protections for Veterans and Wildlife

National Suicide Hotline Designation Act of 2020 (S 2661) – Introduced by Sen. Cory Gardner (R-CO) on Oct. 22, 2019,...

What’s Next for a Stimulus Bill?

The Senate Republicans’ slimmed-down stimulus bill recently failed to materialize after receiving less than the 60 votes needed to move...

Plan for Business Continuity if Second Wave of COVID Hits

With winter around the corner and the threat of seasonal viruses looming, a second wave of COVID-19 poses a real...

Examining Fed’s New Targeted Inflation Policy

Looking back to 2012, the Federal Open Market Committee (FOMC) – a collaboration of the 12 regional Fed banks and...

Long-Term Financial Impact of COVID-19

As bad as the economy is right now due to the COVID outbreak in the United States, many economists are...

Affordable Lunches for Kids Learning at Home

Due to the uncertainty of COVID-19, many schools across America have transitioned to at-home learning. This alone presents a whole...

Avoid Wasting Money on Digital Marketing with These Tips

In last month’s article titled “How to Make the Most of Digital Marketing,” we examined how digital marketing can help...

Space Weather Forecasting, New Safety and Transparency Reporting Guidelines, Paying to Charge Federal Electric Vehicles, and a Plan to Celebrate Route 66

PROSWIFT Act (S 881) – This Act was sponsored by Sen. Gary Peters (D-MI) on March 26, 2019. The legislation...