COVID-19 – Page 10 – Fiducial Blog

Tax Deductions for Charity Volunteers

October 30, 2020

Did you volunteer time for a charity or governmental entity during the COVID-19 pandemic? You may qualify for tax deductions.

What Are the Tax Consequences of Losing Your Job?

October 26, 2020

If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes and finances.

Wealth Transition and Succession Planning for Businesses During COVID

October 23, 2020

Thanks to COVID-19, many businesses are rethinking their ideas about wealth transition and succession planning. Do you have a plan?

Reporting Discontinued Operations Today--What You Need to Know

October 19, 2020

COVID-19 has caused companies to make strategic shifts in operations. These pivot strategies may need to be reported under discontinued operations rules.

Excess Business Losses Find Change in the CARES Act

October 14, 2020

The CARES Act made changes to excess business losses. This includes retroactive changes and opportunities for businesses to file amended returns.

Extended Benefit Claims and Appeals Periods During COVID-19

October 12, 2020

Federal agencies extended certain claims and appeals periods. These claims and appeals periods apply for employee pension benefits plans subject to ERISA.

DOL Revises FFCRA Rules on Paid Sick and Family Leave

October 9, 2020

A federal trial court invalidated provisions of the DOL’s temporary regulations. These regulations affected the paid leave provisions of the FFCRA.

Wealthy Taxpayers May Want to Strategize for Potential Tax Increases

October 2, 2020

The President has not revealed his future tax policies, but Joe Biden has. That is why the wealthy are strategizing for potential tax increases.