Personal – Page 28 – Fiducial Blog

Good Records Key to Tax Deductions and Trouble-free IRS Audits

August 12, 2020

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.

Safe Harbor 401(k)s: IRS Relief for Midyear Contribution Changes

August 10, 2020

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.

Unraveling the Economic Impact Payments Confusion

July 31, 2020

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.

A Novel Way to Make COVID-19 Relief Donations

July 29, 2020

Emergency disaster declarations have benefits. Employees with unused paid vacation, sick leave, and personal time may use them as COVID-19 relief donations.

COVID-19-related leave donation programs now eligible for tax relief

July 20, 2020

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.

Some Stimulus Payments Are Mistaken as Junk Mail and Thrown Away

July 17, 2020

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.

Special PUA Benefits Available to Those Unemployed by COVID-19

July 10, 2020

Unemployed by the COVID-19 pandemic? The CARES Act includes Pandemic Unemployment Assistance or PUA provisions to supplement state unemployment programs.

Tax Refund for 2018 in 2020? New Extenders Bill Could Mean Yes!

July 9, 2020

You may be eligible for a tax refund from your 2018 tax return. Last December, Congress passed the long-awaited extenders bill. Find out if it can help you.