Business highlights in the new American Rescue Plan Act (ARPA)
President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. Here's are several tax breaks and financial benefits for businesses.
Employee Retention Credit Extended Through June 2021
During the pandemic, the CARES Act created the Employee Retention Credit for 2020. As part of the CCA, the credit has been extended through June 2021.
Run a business from home? You May Qualify for Home Office Deductions
Are you self-employed? Do you run your business from your home? You might be able to claim deductions for home office expenses against your business income.
Increased Business Meal Deduction for 2021 and 2022
Under TCJA, the business meal deduction is 50% of the actual expense. For 2021 & 2022, the Taxpayer Certainty & Disaster Tax Relief Act of 2020 allows 100%.
Here’s What Happened in the World of Small Business in March 2021
March 2021 was a big month for your small business! Check out Fiducial’s list of five things that happened last month that affect your small business.
What Are the Tax Implications of Buying or Selling a Business?
If you are considering buying or selling another business, it’s important to understand the tax implications. So, here are Fiducial’s best tips!
Mark Your Calendar! April 2021 Individual and Business Tax Due Dates
April is a big month for tax due dates! The deadline to file has been extended to May 17th, but there are still some taxes due in April. Mark your calendar!