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

Counting Your Dependents

Counting Your Dependents Transcript: So I just got back from a trip down to Mexico. I got a tapeworm down there. Yeah, at first I was upset, but then I got over it. I claimed him as a dependent and then I got myself an Earned Income Tax Credit. To receive our free newsletter, contact us here.…

An Accountants Glass

An Accountants Glass Transcript: Well you know pessimists, they see the glass as half empty. And optimists, see it as half full. But accountants… they see it being twice as big as it needs to be.   To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and…

Tax Loophole

Tax Loophole Transcript: I don’t want to brag or nothing, but I got a tax loophole named after me.   To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and may not accurately reflect exactly what was said. Alan Olsen, is the Host of the American Dreams Show…

Counting Beans

Counting Beans Transcript: 1…2…3…5…18…42…203…What? 560…800…   To receive our free newsletter, contact us here. Subscribe our YouTube Channel for more updates. This transcript was generated by software and may not accurately reflect exactly what was said. Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com.  GROCO is a premier family office and tax…