News – Page 18 – Fiducial Blog

The Enhanced Employee Retention Tax Credit (ERTC)

January 15, 2021

COVID-19 has caused widespread furloughs and layoffs. Fortunately, employers that keep workers on their payrolls may meet qualify for a refundable ERTC.

New Law Makes Changes to Business Meal Deductions and PPP Loans

January 13, 2021

The Consolidated Appropriations Act provides new relief to the pandemic. It also includes increases to business meal deductions and changes to PPP loans.

Frustrated Couple With Woman In Wheelchair Reading Letter

The Consolidated Appropriations Act (CAA) Helps Prevent Surprise Billing

January 8, 2021

Have you heard much about the Consolidated Appropriations Act (CAA)? The CAA provides relief to individuals and businesses during the COVID-19 pandemic.

EEOC Guidance Addresses Requiring Proof of COVID-19 Vaccination

January 6, 2021

Do you run a fully or partially staffed office/facility? You may wonder if you can legally require on-site workers to provide proof of COVID-19 vaccination.

Finally, The COVID Relief Package Is Law. What Does That Mean for You?

December 30, 2020

Now that the COVID-relief package is law, we have details. This article provides an overview of the many tax provisions included in the legislation,

SBA Questioning PPP Borrowers with Loans Over $2 Million

December 18, 2020

The secretary of the treasury intended for all PPP loans to be audited. However, now, only those of $2 million or more will be subject to audit.

Mortgage Insurance Premium Deduction Retroactively Extended

December 17, 2020

This mortgage insurance premium deduction has been retroactively extended back to 2018 and through 2020. Consider amending your 2018 return for a refund.

IRS Releases Final Version of Form 941-X Related to COVID-19 Relief

December 11, 2020

The IRS significantly revised Form 941-X. This form allows for adjustments and corrections to COVID-19 tax relief on previously filed Forms 941