Pass the SALT!

As we race towards the end of the year our office is scrambling with year-end tax projections for clients. Tax Planning used to be easier, but with the recent tax act capping State and Local Tax (SALT) deductions at $10,000 for taxpayers itemizing deductions, planning has taken on new challenges. With the SALT deductions limited […]

Roach Squashes people!

It seems that it’s a weekly occurrence that I read that somewhere another Ponzi scheme bilked a bunch of unsuspecting investors. Given that this type of fraud has been around since the 1800’s and made famous in the 1920’s by Charles Ponzi, you would think the public would wise up to them. Apparently the fraudsters […]

Taxes and politics

Long time readers will know that it wouldn’t be the Holiday Season if I didn’t comment about year-end tax planning. Even though your time may be fully absorbed running between Holiday parties and shopping excursions, as we approach December 31 now is the time to evaluate your tax situation for 2019 and make any moves […]

October Newsletter – O&S CPAs & Business Advisors

Finally, Some Progress

It seems that the only things that come out of Washington these days are stupid headlines about stupid stuff. I guess that’s how they keep the masses attention focused where they want it. Sadly amidst all the spin and PR jockeying the less sexy important things get buried and overlooked. One such thing is H.R. […]

Long Beach-Based CPA Firm O&S CPAs Receives National Recognition

     FOR IMMEDIATE RELEASE Long Beach-Based CPA Firm O&S CPAs Receives National Recognition Long Beach, California – September 17, 2019 – O&S CPAs & Business Advisors, a rapidly growing CPA firm, was recently named as one of the 2019 Accounting Today’s Best Accounting Firms to Work For, as well as, One of the Best Companies […]

RESEARCH & DEVELOPMENT TAX CREDIT

The R&D Tax Credit: Making it Work No one can afford to leave money on the table. Nevertheless, when it comes to the R&D credit, cash is left untouched all the time. Despite the fact that the R&D credit has been available since 1981, less than a third of eligible companies recognize that they qualify […]

O&S CPAs September Client Update Newsletter

10 Low-Cost Fraud Prevention Options In Purchasing

Many small organizations typically have limited resources to both prevent and recover from fraud. There is also often a high level of trust put upon employees due to the lack of internal controls. According to the Report to the Nations: 2018 Global Study of Occupational Fraud and Abuse (the Global Study) published by the Association […]

Merage School Digital Focus Helps Elevate Oswaldo Diaz, EMBA ‘19, From CFO to CEO

July 11, 2019 • By Jessie Yount   Earlier this year, Oswaldo Diaz, EMBA ’19, applied for the CFO job at O&S LLP, a highly ranked and rapidly growing Certified Public Accounting and consulting firm in Southern California. The role was a natural step for Diaz, who had built his career in accounting. But when […]