employer – Fiducial Blog

Many Taxpayers Could See Smaller Tax Refunds This Year

March 22, 2023

COVID pandemic-related benefits have come to an end. These decreases in federal tax benefits will mean smaller 2022 tax refunds for taxpayers..

Have Employees Who Receive Tips? Here Are the Tax Implications

March 10, 2023

Earn your living through tips? Employ individuals who receive tips as part of their compensation? Then you need to know the tax implications.

The Three Essential Elements of Taxable Wages Employers Need to Know

March 1, 2023

Employers are generally responsible and liable for applying payroll taxes to payments for taxable wages. FICA and FITW are separate employment tax regimes.

Annual Adjustments to Penalties for Health Benefits & Employer Plans

February 22, 2023

DOL announced 2023 annual adjustments to penalties for benefits-related violations. 2023 adjustments are effective for penalties assessed after 1/15/2023.

How the New SECURE 2.0 Law May Affect Your Business

February 20, 2023

The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) recently became law. Provisions in the law will kick in over several years.

Employers, Stay Mindful of Your Nonemployee Reporting Obligations

January 27, 2023

In today’s “gig economy,” you may have a some independent contractors rather than employees. Don't forget to fulfill your nonemployee reporting obligations.

Employers Should Be Wary of ERC Claims That Are Too Good to Be True

January 25, 2023

The ERC was a tax credit for employers that kept workers on staff during the pandemic. It is no longer available, but eligible employers can still claim it.

Employers: Handle Problematic Employees with Care

January 20, 2023

No matter how hard you try, you could still end up with problematic employees. The question then becomes: How should you handle the situation?