Your Business Partnership May Have to Report More Income on Returns
You may be taxed on more business partnership income than was distributed to you. Why? It’s due to the way partnerships and partners are taxed.
Federal Agencies Warn of the Dangers of AI in Hiring and HR
Artificial intelligence (AI) is a revolutionary technology for employers.However, two federal agencies warn of risks when hiring and managing employees
Determining Eligibility for HIPAA Administrative Simplification
Have a health care plan with less than 50 participants administered by a sponsoring employer? Administrative simplification provisions of HIPAA can help.
Excluding Part-Time Employees from 401(k) Plan Eligibility
Employers that sponsor a 401(k) plan might wish to amend plans to exclude part-time employees. But can they do this under the rules for qualified plans?
Are Damage Awards Taxable? Fiducial Has the Scoop!
The tax code specifies that all income is taxable from any source, unless exempted. Though the tax code does provide an exclusion for certain damage awards.
Help When Needed: Apply the Research Credit Against Payroll Taxes
Is your small company or start-up planning to claim the research tax credit? You can apply all or some of these credits against your payroll taxes.
Calculating Corporate Estimated Tax: What You Need to Know
The next quarterly estimated tax payment deadline is September 15. So, it’s a good time to review the rules for computing corporate estimated tax payments.