IRS Offers New Identity Protection (IP PIN) for Taxpayers
The IP PIN is a six-digit code known only to the taxpayer and the IRS. It helps prevent identity thieves from filing fraudulent tax returns.
Standard Mileage Rates Announced for 2021. What Has Changed?
The IRS annually computes standard mileage rates for use of a vehicle for business, medical and moving purposes. New rates take effect on January 1, 2021.
2021 Penalties for Health Benefits and Other Employer Plans
The DOL announced the 2021 annual adjustments to civil monetary penalties for many benefits-related violations. Fiducial has the highlights!
Obscure and Overlooked Tax Deductions, Credits, and Benefits
Fiducial has a list of over 20 issues that can save you tax dollars! They range from obscure deductions to overlooked tax credits and benefits.
Many Tax Amounts Affecting Businesses Have Increased for 2021
Tax-related limits that affect businesses are annually indexed for inflation. Here’s Fiducial’s list of some important changes for your business for 2021.
Work Opportunity Tax Credit (WOTC) Extended Through 2025
Are you a business owner thinking about hiring? Be aware that a recent law extended a credit (WOTC) for hiring individuals from one or more targeted groups.