Higher Income Taxpayers Beware: Tax Increases May Be Coming

Higher Income Taxpayers Beware: Tax Increases May Be Coming

The House Ways and Means Committee has released a list of proposed tax changes. As you read, notice that the provisions apply to higher income taxpayers.
Employers May “Designate” Certain Payroll Tax Payments

Employers May “Designate” Certain Payroll Tax Payments

Employers know that they must submit payroll tax payments to the federal government. However, you may have more control of those payments than you know.
Employers: Will your health insurance be “affordable” in 2022?

Employers: Will your health insurance be “affordable” in 2022?

Is your organization an applicable large employer (ALE) under the ACA? Will the health insurance you offer employees be considered “affordable” next year?
Were You Affected by a Disaster Loss? You Need These Tax Tips

Were You Affected by a Disaster Loss? You Need These Tax Tips

Those in disaster areas are eligible for a variety of tax benefits. If you suffered a disaster loss, read on for important tax-related information.
October Extended Due Date Just Around the Corner

October Extended Due Date Just Around the Corner

October 15 is the extended due date for filing federal individual tax returns for 2020. Failure to file before that date may incur late-filing penalties.
Should You Opt Out of the Advance Child Tax Credit?

Should You Opt Out of the Advance Child Tax Credit?

Have children under the age of 18? By now, you likely have received your first advance child tax credit payment, either by check or by direct deposit.
The Treasury Green Book of Biden-Proposed Tax Changes

The Treasury Green Book of Biden-Proposed Tax Changes

The U.S. Treasury has released the Biden administration’s 2022 Fiscal Year Budget. We commonly refer to the publication as the Green Book.
Restaurants and Businesses Benefit from Temporary Tax Deduction

Restaurants and Businesses Benefit from Temporary Tax Deduction

Congress has provided businesses a temporary tax break to help the restaurant industry. Fiducial has more details about this tax deduction below!