2020 Deficits and Potential Payroll Tax Holiday

The Biden Administration Corporate Tax Proposal

California Health Insurance Penalty:
https://www.coveredca.com/individuals-and-families/getting-covered/penalty-and-exemptions/

Guidance addresses deductibility of expenses related to Paycheck Protection Program loans:
https://newsletters.usdbriefs.com/2020/Tax/TNV/200501_1.pdf

$3.7 Trillion Deficit:
https://newsletters.usdbriefs.com/2020/Tax/TNV/200501_3.pdf

Fewer People filed by April 15th:
https://www.cpapracticeadvisor.com/tax-compliance/news/21135618/21-million-taxpayers-delayed-filing-past-april-15

Payroll Tax Holiday
https://www.washingtonexaminer.com/news/white-house-strongly-considering-demand-to-include-payroll-tax-cuts-in-next-relief-package

U.S. Income Tax Issues Faced by Foreign Owned Corporations

U.S. Income Tax Issues Faced by Foreign Owned Corporations

U.S. Income Tax Issues Faced by Foreign Owned Corporations — Foreign company tax in USA Part 1: United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States Accounting year for tax purposes: U.S. Tax Law requires that a U.S. corporation controlled by a foreign corporation…

Foreword to United States Tax Laws

Foreword to United States Tax Laws United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States Greenstein, Rogoff, Olsen & Co. is a respected and well-recognized leader among the San Francisco Bay Area accounting firms by providing distinctive high quality tax and accounting consulting services.…

income tax

U.S. Income Tax Issues for Resident & Nonresident Aliens

U.S. Income Tax Issues for Resident & Nonresident Aliens Part 2: United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States Determining U.S. residency status There are two basic tests to determine the U.S. residency of alien individuals: the green card test, and the substantial…

Appendices

Appendices United States Tax Laws – A Perspective for Foreign Companies and Individuals Doing Business or Living in the United States Appendices Flowchart for determining residency status Copies of forms 1001, 1040, 1040NR, 1042, 1042S, 5471, 5472, 8300 and TD F 90-22.1 Appendix 2 Forms 1001- Ownership, Exemption, or Reduced Rate Certificate 1040 US Individual…