tcja

Major Tax Sunset of TCJA Provisions on the Ho...

In late 2017, Congress passed the Tax Cuts & Jobs Act (TCJA) which made enormous changes to income tax laws. There is a major sunset of these provisions on the horizon.
New Final Rule on Independent Contractors Takes Effect in March cover

New Final Rule on Independent Contractors Tak...

Employers, have you heard the latest issued by the DOL on how to legally differentiate independent contractors from actual employees?
New For 2024: Business Beneficial Ownership Reporting cover

New For 2024: Business Beneficial Ownership R...

The passing of the Corporate Transparency Act (CTA) has introduced new Beneficial Ownership Information (BOI) reporting requirements for businesses.
IRS Disallowing 20,000 Employee Retention Tax Credit (ERTC) Claims cover

IRS Disallowing 20,000 Employee Retention Tax...

In an ongoing effort to combat questionable Employee Retention Tax Credit (ERTC) claims, the IRS has sent more than 20,000 letters advising taxpayers that the agency is disallowing their claims.
IRS Restarts Collection Notices But Adds Penalty Relief cover

IRS Restarts Collection Notices But Adds Pena...

Explore the latest IRS penalty relief measures, offering a lifeline to millions facing back taxes. Fiducial has the details you need to know.
2024 Limits and Thresholds for Qualified Retirement Plans cover

2024 Limits and Thresholds for Qualified Reti...

Employers: The IRS recently issued 2024 inflation adjustments for many types of qualified retirement plans. Be sure to read up on the latest amounts.
The Standard Business Mileage Rate Has Increased Slightly in 2024 cover

The Standard Business Mileage Rate Has Increa...

The price of gas is about the same as it was a year ago. Will this affect the amount your business can deduct for business driving in 2024?
IRS Expands Requirement to E-File Information Returns Starting in 2024 cover

IRS Expands Requirement to E-File Information...

The IRS issued a new e-filing mandate that will apply to information returns filed on or after January 1, 2024. Will you be required to e-file this year?