For Business – Page 22 – Fiducial Blog

IRS News Regarding Employer Reversion and Spinoff/Termination

October 21, 2022

What happens when a qualified retirement plan terminates with surplus funds? Employer reversion. And the IRS has specific rules governing this process.

Worried About an IRS Audit? Advanced Preparation is Key

October 19, 2022

IRS audit rates are historically low, but that’s little consolation if your return is chosen. With proper preparation and planning, you should fare well.

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.

Assessing the ERISA Impact on a Telehealth Benefit

October 12, 2022

Many employers formally offer telehealth as an employee benefit. Is such a benefit subject to the Employee Retirement Income Security Act (ERISA)?

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?

Year-End Tax Planning Ideas for Your Small Business

October 7, 2022

Are you deferring income and accelerating deductions to minimize taxes? How about bunching deductible expenses this year? Get your tax planning started!

Inflation Reduction Act Provisions of Interest to Small Businesses

October 3, 2022

The Inflation Reduction Act (IRA) was signed into law by President Biden on August 16. It contains provisions that provide tax relief for small businesses

Reel in Job Candidates with a Relocation Package

September 28, 2022

Competition among employers for many types of employees remains fierce. You may have to offer a financial incentive like a relocation package.