The Inflation Reduction Act has a provision that could benefit small business startups. It could allow them to double the research and development credit.
https://blog.fiducial.com/wp-content/uploads/2023/09/fiducial-blog-image-r-d_cf9eb26ea288796cc5a4c3e056d534ac_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2023/05/logo_fiducial-Horozontal.pngKelly Cockerham2023-09-20 14:00:582023-09-20 14:00:58Research Credit Available as a Payroll Tax Credit Doubled
To encourage more Americans to save for retirement, Congress designed the SECURE Act 2.0. Some of these changes could impact your retirement plan strategy.
https://blog.fiducial.com/wp-content/uploads/2023/08/fiducial-blog-image-retirement-just-ahead_79ffaa3f1df8ed48fd666ab9125c7cb4_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2023/05/logo_fiducial-Horozontal.pngKelly Cockerham2023-08-30 14:01:062023-08-30 14:01:06Planning for Your Retirement – New Wrinkles from the SECURE 2.0 Act
Most of the tax changes made by TCJA will expire after 2025. This will impact long range tax planning and result in a mixed bag of tax increases and cuts.
https://blog.fiducial.com/wp-content/uploads/2023/08/fiducial-blog-image-tax-changes-ahead_6a57051bbb219383cd69a18b8dd268f8_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2023/05/logo_fiducial-Horozontal.pngKelly Cockerham2023-08-23 14:00:512023-08-23 14:00:51What Will Happen When TCJA Tax Changes Sunset in 2025?
What are Qualified Opportunity Funds? They are investment vehicles organized as a corporation/partnership to invest in qualified opportunity zone property.
When it comes to income taxes, two things tend to be true every year. First, April will always roll around, and second, with tax season comes tax scams.
https://blog.fiducial.com/wp-content/uploads/2023/06/fiducial-blog-image-scam-alert-1_023c1d3a256235e2d29a2416ee2efa6c_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2023/05/logo_fiducial-Horozontal.pngKelly Cockerham2023-06-12 13:00:322023-06-12 13:00:32The IRS Issues Update to the Scams to Be Aware of for 2023 and Beyond
https://blog.fiducial.com/wp-content/uploads/2023/05/fiducial-blog-image-2024-hsa-amounts_0a2766926b12db331b6c0c1672d42b25_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2023/05/logo_fiducial-Horozontal.pngKelly Cockerham2023-05-26 13:00:222023-05-26 13:00:22The IRS Announced 2024 Amounts for Health Savings Accounts (HSAs)
This is the first time used electric vehicles have qualified for a tax credit. This provides an incentive for taxpayers to acquire an electric vehicle.
https://blog.fiducial.com/wp-content/uploads/2023/04/fiducial-blog-image-ev-tax-credit-1_6d6bb2eb027715313182ddb55d7b76aa_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2023/05/logo_fiducial-Horozontal.pngKelly Cockerham2023-04-19 13:00:412023-04-19 13:00:41You Can Now Receive a Tax Credit for Buying a Used Electric Vehicle