It’s tax day! Don’t forget to eFile or get your return in the mail (and postmarked) by the end of the day. Both the IRS and the Oregon Department of Revenue offer a variety of resources to eFile, request an extension, check your refund status, and more.
Taxes can play a significant role in estate planning, particularly here in Oregon where the threshold for the state-level estate tax is relatively low at $1,000,000. Including tax-planning provisions in your estate plan can potentially result in significant savings for your beneficiaries. Specific circumstances vary, however, so you should always consult with an attorney to determine which options best suit your goals. If you’d like to discuss how estate taxes may affect you and your beneficiaries and how a comprehensive estate plan may help to minimize the impact, please contact us.