DOL Revises FFCRA Rules on Paid Sick and Family Leave

DOL Revises FFCRA Rules on Paid Sick and Family Leave

A federal trial court invalidated provisions of the DOL’s temporary regulations. These regulations affected the paid leave provisions of the FFCRA.
Tax Penalties Can Add Up--Ask Fiducial How to Avoid Them

Tax Penalties Can Add Up--Ask Fiducial How to Avoid Them

Most taxpayers don’t mean to incur tax penalties. Many are not aware of the penalties or their impact. Let’s look at some penalties and how to avoid them.
Foreign Account Reporting (FBAR) Due October 15

Foreign Account Reporting (FBAR) Due October 15

Failure to file the required FBAR forms can result in severe penalties. The due date for foreign account reporting (FBAR) is October 15, 2020.
Wealthy Taxpayers May Want to Strategize for Potential Tax Increases

Wealthy Taxpayers May Want to Strategize for Potential Tax Increases

The President has not revealed his future tax policies, but Joe Biden has. That is why the wealthy are strategizing for potential tax increases.
October's Extended Due Date Is Fast Approaching (And So Are Penalties!)

October's Extended Due Date Is Fast Approaching (And So Are Penalties!)

Did you complete your 2019 return by July 15? If not, and you filed a request for more time, that extended due date expires October 15, 2020.
COVID-19 Testing, Diagnostics Not Minimum Essential Coverage

COVID-19 Testing, Diagnostics Not Minimum Essential Coverage

The IRS has news regarding COVID-19 testing and diagnostics. Medicaid coverage limited to COVID-19 services does not qualify as minimum essential coverage.