For Business – Page 50 – Fiducial Blog

Going, going, gone: Going concern assessments in the midst of COVID-19

July 13, 2020

Companies everywhere have closures of locations or complete shutdowns. These negative impacts have brought the “going concern” issue to the forefront.

“Qualified Improvement Property” Changes with New COVID-19 Law

July 8, 2020

A new law contains a change in tax rules for qualified improvement property (QIP). Fiducial has the scoop on how the changes may affect you.

Tax Due Dates for Businesses and Individuals in July 2020

July 1, 2020

July is a busy month for taxes in 2020! The IRS extended many tax due dates from April 15th to July 15th. So, this is the month when many taxes are due..

Tax Deadlines Related to COVID-19 Affect HSAs and Retirement Plans

June 29, 2020

The IRS issued another notice extending tax deadlines because of the COVID-19 pandemic. Notice 2020-35 supplements IRS Notice 2020-23 and earlier guidance.

COVID-19 Tax Credits Provide Much-Needed Relief

June 26, 2020

Employers are entitled to refundable tax credits provided under two laws passed in response to the COVID-19 pandemic. Fiducial has the latest.

Business meal deductions: The current rules amid proposed changes

June 24, 2020

Rules for business meal deductions for “wining and dining” current/potential customers and employees have changed. But, you can still claim some write-offs.

Screen Employees for COVID-19 with EEOC Guidance

June 22, 2020

Still running an office or operating a facility with employees on-site? Learn what you’re legally allowed to do to screen employees for COVID-19.

Offering COBRA to employees furloughed because of COVID-19

June 19, 2020

Many employers have placed all or some employees on mandatory furloughs. If your company has done so, you may wonder if you have to offer COBRA benefits.