Employment – Page 3 – Fiducial Blog

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.

Many Tax Limits Affecting Businesses Have Increased for 2023

February 6, 2023

Many tax-related limits affecting businesses are indexed annually. Due to high inflation, many have increased more than usual for 2023.

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?

The What and Why of Leadership Training - Does Your Business Need It?

January 18, 2023

Employers can avoid undercutting their own success by investing time and money in leadership training. This involves a series of courses or workshops.

It’s that Time of Year: Your Annual Reminder to File Worker 1099s

January 11, 2023

This is our reminder to issue workers (non employees) a Form 1099-NEC after the end of the year. Provide 1099s for 2022 to workers by January 31, 2023.

The IRS Plans on Targeting Abusive ERTC Claims

December 21, 2022

The ERTC provides refundable tax credits to employers that kept workers on payroll during the pandemic. This is a credit against the employer payroll taxes.

Calling All Employers: A Quick Refresher on Employment Taxes

October 17, 2022

What are the requirements for employers regarding federal employment taxes? It’s not a bad idea to occasionally review the basics of employment taxes.

Should There Be New Tax Rules for Telecommuters?

October 10, 2022

Employers and employees enjoy being telecommuters - even post-pandemic. Should the IRS update the tax rules re: the deductibility of travel expenses?