Safe Harbor 401(k)s: IRS Relief for Midyear Contribution Changes

Safe Harbor 401(k)s: IRS Relief for Midyear Contribution Changes

In response to the COVID-19 crisis, the IRS issued Notice 2020-52. It offers sponsors of safe harbor 401(k) plans temporary relief from some requirements.
IRS Guidance on “Coronavirus-related” Distributions from Retirement Plans

IRS Guidance on “Coronavirus-related” Distributions from Retirement Plans

Notice 2020-50 gives guidance on "coronavirus-related distributions" from retirement plans. Fiducial offers details employers may need.
Paycheck Protection Program (PPP) Loan Application Period Extended

Paycheck Protection Program (PPP) Loan Application Period Extended

Miss your chance to apply for a Paycheck Protection Program (PPP) loan? Well, Congress extended the application period for PPP loans through August 8, 2020.
Lease vs. buy? Changes to accounting rules may change your mind

Lease vs. buy? Changes to accounting rules may change your mind

Rules for reporting leasing transactions are changing. The new requirements are making companies reevaluate their thinking on the issue of lease vs. buy.
Unraveling the Economic Impact Payments Confusion

Unraveling the Economic Impact Payments Confusion

Millions of Americans have already received their economic impact payments authorized by the CARES Act. If you have not, Fiducal has some answers for you.
A Novel Way to Make COVID-19 Relief Donations

A Novel Way to Make COVID-19 Relief Donations

Emergency disaster declarations have benefits. Employees with unused paid vacation, sick leave, and personal time may use them as COVID-19 relief donations.