R Osman CPA

Choosing between an S corporation and C corporation involves more than tax rates. Learn the key factors that can impact growth and profits.

S Corp vs. C Corp: Choosing the Right Business Structure | R. Osman CPA That concern is real. It is part of the conversation. But it is rarely the only issue that matters, and it is not always the issue that matters most.

The IRS has announced that it will begin automatically forgiving certain penalties for taxpayers who have not had a similar penalty in the past three years, rather than requiring them or their tax preparer to request relief for them.

IRS to Automatically Forgive Certain Tax Penalties | R. Osman CPA Most taxpayers don’t plan to get hit with an IRS penalty. Usually, it happens because life got in the way: a bill was missed, a return was filed late, or an estimated payment did not get made on time. For years, one of the best forms of relief in that situation was an IRS program called “first-t...

A mid-year tax review helps business owners improve cash flow, reduce surprises, and make smarter decisions before year-end.

Mid-Year Tax Planning for Better Business Decisions | R. Osman CPA There is a familiar habit among business owners that makes perfect sense until you look at the cost of it: “I’ll worry about taxes in December.”

Employers of all sizes can assemble a portfolio of fringe benefits that materially increase employees’ total compensation while delivering tax advantages to both the business and employees.

Maximize Pay, Minimize Taxes with Employee Fringe Benefits | R. Osman CPA Employers of all sizes can assemble a portfolio of fringe benefits that materially increase employees’ total compensation while delivering tax advantages to both the business and employees. For human resource professionals and small-business owners, the meaningful task is not simply offering perks...

Here are the July 2026 Business Due Dates

July 2026 Business Tax Due Dates Stay on top of July 2026 business tax deadlines, including payroll tax deposits, Form 941, Form 5500 filings, and FUTA tax requirements.

Here are the July 2026 Individual Due Dates

July 2026 Individual Tax Due Dates and Reminders Stay on top of important July 2026 tax deadlines, including estimated tax planning and tip income reporting requirements for employees.

CEO confidence just experienced one of its sharpest declines on record. Here's why smart business owners focus less on predicting the economy and more on planning for what comes next.

Why Planning Matters More Than Prediction CEO confidence recently saw one of its sharpest declines on record. Learn why successful business owners focus on planning, not predicting, what comes next.