Private Company Growth Isler NW

Private Companies Grew Sales and Profits This Year

Over the past year, private companies grew sales 8.6 percent and are seeing their highest net profit margin in three years, at 6.6 percent, according to a new report from the financial information company Sageworks.

The report found that private companies are entering the New Year with strong profitability and healthy sales growth. Read more

Isler NW CPA Firm

Charitable Giving Rebounded This Year

The end of the year is traditionally the time when taxpayers rush to get their last-minute charitable contributions made so they can write off the deductions on their taxes before April 15.

The trends this year appear to be positive for many charities as they saw their donations increase, perhaps to a level not seen since the financial crisis. The question for many charities this year was whether charitable giving would return to pre-recession levels. Read more

Oregon unemployment tax rates to decline

Average savings: $63 per employer a year

“Employers that pay into the system will move from Schedule 6 to Schedule 5, saving the average Oregon employer about $63 per employee annually, the agency said on Friday, November 14, 2014.”
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Lower gas prices may boost holiday sales and other discretionary spending, state economist says

September, the Oregon average for a gallon of regular gas fell to $3.80, down from its summer high near $4. In October, that price was down to $3.44. As of Nov. 24, the average Oregonian was paying $3.04 for a gallon of regular, resulting in the lowest prices in four years.” Read more

Office of Economic Analysis Economic Forecast – Oregon

“The U.S. economic recovery remains intact and may finally be exhibiting signs that growth is picking up as job gains across the country are now on pace to be the strongest since 2000. Oregon’s employment growth has accelerated sharply over the past year and a half. The state is now adding jobs about one percentage point faster than the nation, a differential growth advantage Oregon typically enjoys during economic expansions. Read more

Columbia River Crossing: Feds give Oregon, Washington five additional years to repay $135 million

The federal government has given Oregon and Washington an additional five years to repay more than $135 million in federal highway funds used to pay for pre-construction planning and engineering on the now-scrapped Columbia River Crossing. Oregon said it used $93.3 million from the Federal Highway Administration for work on the proposed I-5 bridge over the Columbia River between Portland and Vancouver. Washington spent more of its own money, but it too used as much as $54 million in federal highway money.”The federal government has given Oregon and Washington an additional five years to repay more than $135 million in federal highway funds used to pay for pre-construction planning and engineering on the now-scrapped Columbia River Crossing. Read more

Pressure eases on PERS costs but impact uncertain

“Local governments are starting to relax when they look at their bills from the Public Employees Retirement System. After five years of steadily climbing costs, PERS is becoming cheaper or at least not much more expensive. Those costs have made the people who run local governments and school districts squirm and pull out their calculators for half a decade. Every year, PERS became more expensive.” Read more

The Golden Rule of Startup Capital: Don’t Waste Money

“I estimated exactly how much money I needed to succeed. The problem with this is that the “perfect” amount of money is a fallacy. Indeed, if you have a unique, revolutionary and proprietary idea, combined with the right amount of money it stands a significantly better chance of becoming a success. But most of us do not have this type of idea — we just have an idea — and investors have many investment choices and typically want to spread their risk around to many startups.” Read more