Firm Culture

Firm culture is a conglomerate of aspects merged together to create the overall environment that employees and clients experience when involved with a firm. Some of these aspects include the number of employees, types of accounting services provided, management’s mission and goals for the firm, and the variety of clients that the firm services. This […]

Tax season musings

Ah, it’s January already. Time to prune my fruit trees and look forward to the Superbowl party. Hopefully there is time to broadcast it between all the ads for Turbotax, H&R Block and the latest rich guys running for President. Personally I agree with President Eisenhower who said that the only way to get rich […]

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