For Business – Page 52 – Fiducial Blog

The Easiest Way to Survive an IRS Audit is to Get Ready in Advance

October 28, 2020

IRS audit rates are historically low, according to the latest data. However, that’s little consolation if your return is among those selected.

Wealth Transition and Succession Planning for Businesses During COVID

October 23, 2020

Thanks to COVID-19, many businesses are rethinking their ideas about wealth transition and succession planning. Do you have a plan?

Will Your Organization Offer Affordable Health Insurance Next Year?

October 21, 2020

Time to review if your organization is an applicable large employer (ALE) under the ACA. If so, is your health insurance affordable under the law?

Reporting Discontinued Operations Today--What You Need to Know

October 19, 2020

COVID-19 has caused companies to make strategic shifts in operations. These pivot strategies may need to be reported under discontinued operations rules.

Form 1099-NEC Is Coming--Here’s What You Need to Know

October 16, 2020

The IRS has resurrected the Form 1099-NEC (non-employee compensation). With this form, you may report non-employee compensation in place of the 1099-MISC.

Excess Business Losses Find Change in the CARES Act

October 14, 2020

The CARES Act made changes to excess business losses. This includes retroactive changes and opportunities for businesses to file amended returns.

DOL Revises FFCRA Rules on Paid Sick and Family Leave

October 9, 2020

A federal trial court invalidated provisions of the DOL’s temporary regulations. These regulations affected the paid leave provisions of the FFCRA.

Tax Penalties Can Add Up--Ask Fiducial How to Avoid Them

October 7, 2020

Most taxpayers don’t mean to incur tax penalties. Many are not aware of the penalties or their impact. Let’s look at some penalties and how to avoid them.