Corporate Business Owners Must Have “Reasonable Compensation”

Corporate Business Owners Must Have “Reasonable Compensation”

Owners of incorporated businesses understand the tax advantage of paying compensation vs dividends. But rules exist for “reasonable compensation.”
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Business succession and estate planning: It can be complicated

Business succession and estate planning: It can be complicated

Estate and business succession planning strategies aren’t always compatible, and family members often have conflicting interests. There's a balancing act.
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Are You Cheating on Taxes? Here's What Could Happen

Are You Cheating on Taxes? Here's What Could Happen

Cheating on your taxes has unpleasant consequences. These consequences include monetary penalties and the possibility of jail time for blatant cases.
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What Makes a Sustainable Business? Fiducial Has Some Tips

What Makes a Sustainable Business? Fiducial Has Some Tips

A sustainable business is a business built to last. Understanding how to build this can be the difference between success and failure.
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8 Keys to Creating an Effective Employee Handbook

8 Keys to Creating an Effective Employee Handbook

Most companies have policies governing employment practices. However, they sometimes maintain them informally. An employee handbook formalizes those policies.
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Thinking about participating in your employer’s 401(k) plan? Here’s how it works

Thinking about participating in your employer’s 401(k) plan? Here’s how it works

If you’re fortunate to have an employer offering a 401(k) plan, you may wonder if you should participate. Here are the basic features of these plans.
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Fringe Benefit Implications of Employer-Provided Cell Phones

Fringe Benefit Implications of Employer-Provided Cell Phones

An increase in remote workers has created new issues for employers. Should they provide workers with cell phones or let them use personal phones for work..
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Using HRAs as Investment and Savings Vehicles

Using HRAs as Investment and Savings Vehicles

HRAs can be a tax-advantaged way for employees to get reimbursements for out-of-pocket costs. HRAs can also function as an investment and savings vehicle.
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