Biden v Trump tax proposals – #2

In our previous session, we focused on the tax differences that mostly dealt with the individual tax rules. In this instalment, we’ll dig a bit deeper into some specific items that may or may not affect you, but will give you a sense of what to expect from either side in the future.

Biden v Trump tax proposals

Now that we know officially who the two main contenders are for the White House in November, I thought it would be helpful to evaluate the two sides’ competing tax proposals, head to head.

Best Companies for Women 2020 by DataBird Business Journal

O&S is pleased to announce the firm has made the list of 10 Best Companies for Women 2020 by DataBird Business Journal, a second year in a row. The ranking is based on what employees reported about their workplace. Explore the List

When Tax Free isn’t Tax Free

The recent avalanche of SBA loans being made under the CARES Act is designed to assist small businesses to survive the economic destruction being wrought upon us in the name of fighting off the Wuhan Caronavirus pandemic.

Apply for Economic Assistance with from the SBA

On Friday, March 27, 2020, the President signed into law the CARES Act, which contained $376 billion in relief for American workers and small businesses.  Currently, as directed by the CARES Act, the U.S. Small Business Administration (SBA) is offering several assistance options for small businesses.

COVID-19 Tax News Update 04/10/20

In IRS Notice 2020-23 released late last night, the IRS has adjusted the due date of the 2020 second quarter estimated tax payments from June 15 to July 15, 2020.

Tax Relief Provided by the CARES Act

We hope that you are keeping yourself, your loved ones, and your community safe from COVID-19 (commonly referred to as the Coronavirus). Along with those paramount health concerns, you may be wondering about some of the recent tax changes meant to help everyone coping with the Coronavirus fallout.

Stimulus Monies Available Update 03/25/20

Most emergency stimulus grants and loans will probably be administered through the SBA. You can apply for SBA disaster loans now. However, we have found the servers at the SBA are “down for maintenance”. 

Coronavirus (COVID-19) Update 03/24/2020

After a deluge of comments from the public, we now have conformity (mostly). The IRS announced that both the tax payment due dates AND the filing dates for tax returns have been pushed back to July 15.

Stimulus Monies Available Update 03/23/20

As of noon Pacific time today, the stimulus package has not been passed and no details of how to apply for any stimulus monies is available.