Taxes and Insurance

Federal Income & Payroll Taxes:

After filing an EIN, employers are sent unemployment tax reporting forms.

Income/Corporate Taxes: all businesses pay federal taxes, according to business type.

Payroll Taxes: payroll withholdings for taxes, social security and Medicare are taken out of employee pay. 

State Tax Requirements:

Income/Corporate Taxes: these taxes will vary depending on the structure of the business. For additional information visit Business Xpress.

Payroll Taxes: Oregon Employers file a Combined Employer’s Registration form, for tracking of state reports and payments, such as employee withholdings.

Unemployment tax: Please visit the State of Oregon's Employment Department or the Worker's Benefit Fund Assessment.

Business Personal Property Tax: In Oregon, property exceeding $12,500 in value is taxed. Please contact the Columbia County Assessor for additional details.  

Self-Employment Taxes: Are those paid by the self-employed, including their contributions to Social Security and Medicare taxes. For additional details contact the IRS and the Oregon Department of Revenue.

Insurance:

Worker’s compensation insurance is generally required. For additional details contact the Worker's Compensation Division and the Division of Financial Regulation.

Health insurance information can be found at Oregon Healthcare.

Business insurance information can be found at the U.S. Small Business Administration's website.