Lease vs. buy? Changes to accounting rules may change your mind
Rules for reporting leasing transactions are changing. The new requirements are making companies reevaluate their thinking on the issue of lease vs. buy.
A Novel Way to Make COVID-19 Relief Donations
Emergency disaster declarations have benefits. Employees with unused paid vacation, sick leave, and personal time may use them as COVID-19 relief donations.
Steer clear of the Trust Fund Recovery Penalty
If you own or manage a business with employees, you may be at risk for a severe tax penalty. It’s called the “Trust Fund Recovery Penalty.”
Congress Liberalizes PPP Loan Forgiveness
Are you the owner of a small business that obtained a PPP Loan? Fiducial explains how to spend the loan proceeds to maximize PPP loan forgiveness.
Post-Pandemic Trends Shifting the Economy for Small Businesses
Behaviors have changed during the Coronavirus outbreak. In fact, post-pandemic trends have become opportunities waiting to take off for savvy entrepreneurs.
COVID-19-related leave donation programs now eligible for tax relief
The IRS recently announced special tax relief. It applies to leave-based donation programs set up by employers to aid those directly affected by COVID-19.
Hiring independent contractors? Make sure they’re properly classified
Your business may be using independent contractors to lower costs during the coronavirus. Be careful these workers are properly classified for tax purposes