COVID-19 – Page 7 – Fiducial Blog

4 Questions Business Owners Should Consider for Their 2020 Taxes

March 1, 2021

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.

How to Address Rising Tax Problems During COVID-19

February 26, 2021

The COVID-19 pandemic will have tax implications many have not considered. This may mean paying additional income taxes that they had not planned.

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The Consolidated Appropriations Act (CAA) and Retirement Benefits

February 19, 2021

The CAA includes many provisions addressing economic hardships caused by the pandemic. Here's what you need to know about the CAA and retirement benefits.

How Biden's American Rescue Plan Might Impact Your Taxes

February 12, 2021

President Biden released his “American Rescue Plan” on January 14. It is a wish list of proposals to address the COVID-19 pandemic and economic crisis.

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Updated Guidance on the Employee Payroll Tax Deferral

February 10, 2021

In late January, the IRS updated Notice 2020-65. The update reflects the changed tax deferral rules contained in the Consolidated Appropriations Act (CAA).

Actually, a Recession is a Great Time to Launch That New Startup

January 27, 2021

Should entrepreneurs worry about a potential recession? Maybe not. The state of the global economy may not directly impact your startup.

Didn’t Receive Your EIP? Claim It on Your 2020 Return

January 25, 2021

Congress called them recovery rebates. You may know them as the Economic Impact Payments (EIP).Didn't get yours? Claim it on your 2020 tax return.

PPP Loans Have Reopened: Let’s Review the Tax Consequences

January 22, 2021

The SBA announced that the PPP reopened the week of January 11. Are you wondering about the tax consequences of PPP loans received during the pandemic?