https://blog.fiducial.com/wp-content/uploads/2022/11/FiducialBlogImage--TaxBreaksforSmallBusinesses_b711515c87d43be2c6544511d7970cc6_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-11-04 13:00:272022-11-04 13:00:27Three Tax Breaks Every Small Business Should Know About
Effective for 2022 and beyond, Congress reduced the threshold for the Form 1099-K filing requirement. Fiducial explores the ways taxpayers can be affected.
https://blog.fiducial.com/wp-content/uploads/2022/11/FiducialBlogImage--Form1099-KReporting_4978360a4f369610d7939823a90849f7_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-11-02 13:00:212022-11-02 13:00:21Why You May Receive an IRS Form 1099-K This Year
The Inflation Reduction Act gives new life to the federal solar tax credit. It also provides guidelines allowing batteries to also qualify for the credit.
https://blog.fiducial.com/wp-content/uploads/2022/10/FiducialBlogImage--SolarTaxCreditGetsNewLife2_80b9757bab64cc29cc87a8bfea7ed07e_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-10-28 13:00:262022-10-28 13:00:26The Inflation Reduction Act Gives the Solar Tax Credit New Life
A tax credit for making energy-saving improvements to a home isn't new. However, the Inflation Reduction Act enhanced the home energy improvement credit.
https://blog.fiducial.com/wp-content/uploads/2022/10/FiducialBlogImage--HomeEnergySavingCredit2_b35a7a5dac51430c7bead2130e7dc232_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-10-26 13:00:252022-10-26 13:00:25The New Home Energy Improvement Credit Is Bigger and Better
What happens when a qualified retirement plan terminates with surplus funds? Employer reversion. And the IRS has specific rules governing this process.
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.
https://blog.fiducial.com/wp-content/uploads/2022/10/FiducialBlogImage--IRSAudit2_96340f0fabafe50cdecdfbd0ff261aad_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-10-19 13:01:062022-12-12 16:01:27Worried About an IRS Audit? Advanced Preparation is Key
https://blog.fiducial.com/wp-content/uploads/2022/10/FiducialBlogImage--EmploymentTaxes_f59b3a40933eb542e7f4bcbeae128ee5_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-10-17 13:00:262022-10-17 13:00:26Calling All Employers: A Quick Refresher on Employment Taxes