The IRS mailed Economic Impact Payment recipients a Notice 1444. This notice includes payment amount, payment method and how to report payment not received.
https://blog.fiducial.com/wp-content/uploads/2020/08/FiducialBlogImage--Notice1444_420fcd630dc88768590852b04082b15e_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-08-14 13:00:172020-08-14 13:00:17Don’t Throw Away Your Notice 1444! You’ll Need It for Your 2020 Taxes
You should record expenses to claim the full amount of tax deductions you’re owed. Also, make sure you can defend your tax returns if audited by the IRS.
https://blog.fiducial.com/wp-content/uploads/2020/08/FiducialBlogImage--GoodRecordsandIRSAudits_d5495e096816016f0a18ff4aa232266a_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-08-12 13:00:222020-08-12 13:00:22Good Records Key to Tax Deductions and Trouble-free IRS Audits
In response to the COVID-19 crisis, the IRS issued Notice 2020-52. It offers sponsors of safe harbor 401(k) plans temporary relief from some requirements.
Millions of Americans have already received their economic impact payments authorized by the CARES Act. If you have not, Fiducal has some answers for you.
Emergency disaster declarations have benefits. Employees with unused paid vacation, sick leave, and personal time may use them as COVID-19 relief donations.
https://blog.fiducial.com/wp-content/uploads/2020/07/FiducialBlogImage--COVID-19UnusedVacationDonations_9cf691208458e5ba5679cf149795265c_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-07-29 13:00:062020-07-29 15:18:46A Novel Way to Make COVID-19 Relief Donations
The IRS recently announced special tax relief. It applies to leave-based donation programs set up by employers to aid those directly affected by COVID-19.
The government began sending out its stimulus payments on debit cards mailed in plain white envelopes. Many have been mistaken as junk mail and discarded.
https://blog.fiducial.com/wp-content/uploads/2020/07/FiducialBlogImage--StimulusPaymentsJunkMail_182d57017ed43de1ceaee7aeb6f8ecf6_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-07-17 13:01:052020-07-22 13:07:57Some Stimulus Payments Are Mistaken as Junk Mail and Thrown Away
Unemployed by the COVID-19 pandemic? The CARES Act includes Pandemic Unemployment Assistance or PUA provisions to supplement state unemployment programs.
https://blog.fiducial.com/wp-content/uploads/2020/07/FiducialBlogImage--PUA_8072d9346a21aed450826d8c00de38e8_2000.jpg13372000Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-07-10 13:00:142020-07-13 14:41:00Special PUA Benefits Available to Those Unemployed by COVID-19