Employee Retention Credit Extended Through June 2021

Employee Retention Credit Extended Through June 2021

During the pandemic, the CARES Act created the Employee Retention Credit for 2020. As part of the CCA, the credit has been extended through June 2021.
Great News! Child Care Tax Credit Expanded for 2021

Great News! Child Care Tax Credit Expanded for 2021

Great news if you pay childcare expenses that enable you to work. President Biden’s ARPA substantially increased the child and dependent care tax credit.
Here’s What Happened in the World of Small Business in March 2021

Here’s What Happened in the World of Small Business in March 2021

March 2021 was a big month for your small business! Check out Fiducial’s list of five things that happened last month that affect your small business.
Interaction between PPP Loans and the Employee Retention Credit (ERC)

Interaction between PPP Loans and the Employee Retention Credit (ERC)

The Consolidated Appropriations Act (CCA) included a very tax-beneficial provision. This provision liberalized the interaction between PPP loans & the ERC.
The Latest on COVID-related Deadline Extensions for Health Care Benefits

The Latest on COVID-related Deadline Extensions for Health Care Benefits

The DOL issued EBSA Disaster Relief Notice 2021-01. It clarifies the duration of some COVID-19-related deadline extensions to health care benefits plans.
Obscure and Overlooked Tax Deductions, Credits, and Benefits

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.
Charitable Contributions Deduction Liberalized for 2021

Charitable Contributions Deduction Liberalized for 2021

To stimulate charitable contributions during the pandemic, Congress made two notable changes for 2020. Fiducial has more info on this potential deduction!
4 Questions Business Owners Should Consider for Their 2020 Taxes

4 Questions Business Owners Should Consider for Their 2020 Taxes

If 2020 wasn’t challenging enough, this season’s tax-filing is even more complicated than usual. Here are 4 questions you should ask about 2020's taxes.