Estate and Trust
Consolidated services from one team, at one firm.
Estate planning is not just having a will. It involves arrangements for managing your assets while you are alive and upon your death, while often minimizing the estate tax impact on your family.
Usually estate and trust services involve a team of professionals: Certified Public Accountant (CPA), an attorney, a financial planner or investment advisor, insurance agent and bank trust officer. Jones & Roth offers its clients a unique, in-house Oregon Estate and Trust Services Team that can provide accounting, tax planning, financial planning, investment advice and insurance analysis all under one roof. Our team works closely with your attorney to create a tailored plan for you and your family.
Our services include:
- Federal and state fiduciary income tax return preparation
- Federal and state estate tax return preparation
- Financial statement preparation and related accounting services
- Estate planning
- Retirement planning
- Financial planning
- Investment advice and management
- Asset protection
- Insurance coverage review
- Business succession planning
- Business valuation
- Evaluating buy-sell agreements
Securities offered through 1st Global Capital Corp., Member FINRA, SIPC. Investment Advisory services offered through 1st Global Advisors Inc. We currently have individuals licensed to offer securities in states of AZ, CA, CT, HI, IA, IL, NC, NV, OR TX and WA. This is not an offer to sell securities in any other jurisdiction.
Estate & Trust Team
Robin Mathews, CPA
Partner and Shareholder
Jamie Zolezzi, CPA
The Oregon Legislature voted and passed a tax bill in February in response to the federal tax reform enacted in December 2017.
In planning for 2018 taxes, the following are a few of the key Oregon provisions to take into consideration:
- Addition of Oregon tax credit for certified contributions to the Oregon Opportunity Grant Fund.
- Oregon disconnected from federal tax law that allows specified pass-through entities a deduction of up to 20% of qualified pass-through business income on the federal return. As a result, the amount will be an addition to taxable income on Oregon tax returns.
- Oregon Pass-Through Entity reduced rates:
- For 2018, an addition of sole proprietorships for eligibility of preferential tax rates on business income.
- Limits preferential tax rates available to sole proprietorships and nonpassive income of partnerships or S corporations to first $250,000 of qualified taxable income.
- Limits use of preferential rates to businesses not classified in certain North American Industry Classification System industries.
- For tax years 2018 – 2025, increases Oregon personal exemption credit from $90 to $113.
As you are planning for 2018, it is important to include changes from both federal and Oregon tax laws to ensure you are effectively optimizing your cash flow and minimizing your tax liabilities.
Nicole McOmber, CPA is a Healthcare CPA and the leader of the Jones & Roth Healthcare Team. She specializes in practice management, advisory services, and tax & accounting services for medical practices and clinics across Oregon & Southwest Washington.
On July 1, 2018, employers must start withholding the tax (one-tenth of 1 percent or .001) from the wages of both Oregon residents (regardless of where the work is performed) and Nonresidents who perform services in Oregon.
To our employees:
As of July 1st 2018, Oregon will begin collecting a new tax called the Statewide Transit Tax (STT). This tax is paid by the employee and withheld from the paychecks of all working Oregon residents and from any non-residents who work in Oregon.
Beginning paychecks issued in July, we will withhold 1/10 of one percent (.001) of your gross taxable wages and deposit this to the Oregon Department of Revenue. This amount withheld will appear on each paystub and the total annual withholding will be reported on your W2 each year, just like your State Income Withholding Tax.
For more information go to: