Why You May Receive an IRS Form 1099-K This Year

Why You May Receive an IRS Form 1099-K This Year

Effective for 2022 and beyond, Congress reduced the threshold for the Form 1099-K filing requirement. Fiducial explores the ways taxpayers can be affected.
Worried About an IRS Audit? Advanced Preparation is Key

Worried About an IRS Audit? Advanced Preparation is Key

IRS audit rates are historically low, but that’s little consolation if your return is chosen. With proper preparation and planning, you should fare well.
Calling All Employers: A Quick Refresher on Employment Taxes

Calling All Employers: A Quick Refresher on Employment Taxes

What are the requirements for employers regarding federal employment taxes? It’s not a bad idea to occasionally review the basics of employment taxes.
SBA Disaster Loans: Loans Available After Hurricanes Fiona & Ian

SBA Disaster Loans: Loans Available After Hurricanes Fiona & Ian

In response to the devastation of Hurricanes Fiona in Puerto Rico and Ian in Florida, SBA (The U.S. Small Business Administration) Disaster Loans are now available.
Should There Be New Tax Rules for Telecommuters?

Should There Be New Tax Rules for Telecommuters?

Employers and employees enjoy being telecommuters - even post-pandemic. Should the IRS update the tax rules re: the deductibility of travel expenses?
Year-End Tax Planning Ideas for Your Small Business

Year-End Tax Planning Ideas for Your Small Business

Are you deferring income and accelerating deductions to minimize taxes? How about bunching deductible expenses this year? Get your tax planning started!
Inflation Reduction Act Provisions of Interest to Small Businesses

Inflation Reduction Act Provisions of Interest to Small Businesses

The Inflation Reduction Act (IRA) was signed into law by President Biden on August 16. It contains provisions that provide tax relief for small businesses
Recent National Research Study Indicates Support for Same-Day Pay

Recent National Research Study Indicates Support for Same-Day Pay

"Same-day pay” is becoming a popular payroll benefit offered by employers. Results of a recent study indicate that many employees would enjoy the option.