Small Business – Page 7

New For 2024: Business Beneficial Ownership Reporting

February 9, 2024

The passing of the Corporate Transparency Act (CTA) has introduced new Beneficial Ownership Information (BOI) reporting requirements for businesses.

Do You Have Employees Who Receive Tips? You May Qualify for a Tax Credit

January 29, 2024

If you’re a restaurant owner with employees receiving tips, you may qualify for a lucrative tax break. Fiducial has the details you need to know.

Defer a Current Tax Bill With a Like-Kind Exchange

January 22, 2024

Are you interested in selling commercial or investment real estate that has appreciated significantly? A “like-kind” exchange may be an attractive option.

A Company Car Is a Valuable Perk but Don’t Forget About Taxes

January 18, 2024

For many key employees, the use of a company car is a cherished perk. But before you hand over the keys, make sure you understand the federal tax rules.

2024 Limits and Thresholds for Qualified Retirement Plans

January 15, 2024

Employers: The IRS recently issued 2024 inflation adjustments for many types of qualified retirement plans. Be sure to read up on the latest amounts.

The Standard Business Mileage Rate Has Increased Slightly in 2024

January 11, 2024

The price of gas is about the same as it was a year ago. Will this affect the amount your business can deduct for business driving in 2024?

2024 Q1 Tax Calendar: Key Deadlines for Businesses and Other Employers

January 4, 2024

In the first quarter of 2024, businesses face several tax-related deadlines. Here are some key due dates and obligations.

Highlights of Next Year’s Fringe Benefit COLAs

December 29, 2023

Employers: Are you up to speed on the recently issued 2024 cost-of-living adjustments for many popular fringe benefits? Here are some of the latest amounts.