December 2018 - O&S CPAs & Business Advisors

S Corporation Health Insurance Premiums

As we approach the end of the year and many businesses are preparing to run their final payroll runs for 2018, we thought we would take a moment to remind business owners of a common mistake we see regarding how health insurance premiums are treated. For rank and file employees, employer paid health insurance premiums [...]

Check and Checkmate. Twice.

In case you missed it, last week the California Public Utilities Commission, a group of unelected State Regulators, proposed a plan to tax text messages. Apparently in the never ending pursuit of helping the disadvantaged afford cellular coverage our state ruling class saw a bountiful source of revenue. Just think of all the teenage [...]