For Business – Page 12 – Fiducial Blog

The Partner Employee Issue

October 4, 2023

Have an employee partner problem? Tax regulations issued by the IRS take aim at the partner employee practice and are working to put a stop to it.

2023 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

September 29, 2023

As the season changes, it’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2023 tax filing deadlines.

The Hidden Costs of Sloppy Bookkeeping

September 22, 2023

A recent Stanford study reviewed the aftermath of the Enron collapse. They found that risky or sloppy bookkeeping can lead to hidden costs.

Research Credit Available as a Payroll Tax Credit Doubled

September 20, 2023

The Inflation Reduction Act has a provision that could benefit small business startups. It could allow them to double the research and development credit.

Update on Business Asset Depreciation

September 18, 2023

Inflation can have some beneficial side effects. One is that the amount of depreciation tax breaks your business can claim has increased for 2023.

Would “Interest Crediting” Help Boost Participation in Your Organization’s HRA?

September 13, 2023

Employers offering employees the option to invest in an HRA may be able to enhance this benefit by adding an “interest crediting” feature to their plans.

SECURE 2.0 Act: Should Your 401(k) Help Employees With Emergencies?

September 6, 2023

SECURE 2.0 Act kicks in next year which may allow businesses to help employees in financial emergencies through their 401(k)s.

Guaranteeing a Loan to Your Corporation? There May be Tax Implications

September 1, 2023

If your corporation defaults on a loan that you guarantee, there may be tax consequences. You don’t want to be caught unaware.