Small Business – Page 14

What Types of Expenses Can’t Be Written Off by Your Business?

October 9, 2023

For business expenses to be deductible, expenses must be considered ordinary, necessary, and reasonable. Fiducial breaks down what is and isn't deductible.

Business Entity Types to Consider When Starting a Business

October 6, 2023

When you start a business, there are several possible business entity types you should consider. Each business entity choice has its own pros and cons.

2023 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

September 29, 2023

As the season changes, it’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2023 tax filing deadlines.

The Hidden Costs of Sloppy Bookkeeping

September 22, 2023

A recent Stanford study reviewed the aftermath of the Enron collapse. They found that risky or sloppy bookkeeping can lead to hidden costs.

Research Credit Available as a Payroll Tax Credit Doubled

September 20, 2023

The Inflation Reduction Act has a provision that could benefit small business startups. It could allow them to double the research and development credit.

Update on Business Asset Depreciation

September 18, 2023

Inflation can have some beneficial side effects. One is that the amount of depreciation tax breaks your business can claim has increased for 2023.

Would “Interest Crediting” Help Boost Participation in Your Organization’s HRA?

September 13, 2023

Employers offering employees the option to invest in an HRA may be able to enhance this benefit by adding an “interest crediting” feature to their plans.

SECURE 2.0 Act: Should Your 401(k) Help Employees With Emergencies?

September 6, 2023

SECURE 2.0 Act kicks in next year which may allow businesses to help employees in financial emergencies through their 401(k)s.