Tax Central – Page 21 – Fiducial Blog

Having a Low-Income Year? Take Tax Advantage of It

September 14, 2022

2022 not producing a lot of income? Will your income be substantially lower this year? You might be able to take advantage of tax-planning opportunities.

Self-Employed? Build a Nest Egg with a Solo 401(k) Plan

September 12, 2022

Do you own a successful small business with no employees and want to set up a retirement plan? Fiducial wants you to consider a solo 401(k) plan.

Employers: How “Affordable” Will Your Health Care Coverage Be in 2023?

September 9, 2022

The IRS announced an important indexing adjustment related to the ACA. Will health care coverage you offer employees be considered “affordable” next year?

Looking for Ways to Maximize Business Deductions?

September 5, 2022

As a business owner, you should be on the lookout for ways to minimize your taxes. Fiducial offers these tips to help you maximize business deductions.

Is Your Business Required to Report Employee Health Coverage?

August 31, 2022

Certain employers are required to report information related to their employees’ health coverage. Does your business have to comply? Ask Fiducial!

The Opposite Approach: Accelerate Taxable Income and Defer Deductions

August 29, 2022

Typically, businesses want to delay recognition of taxable income. They also want to accelerate deductions. But when is it prudent to do the opposite?

EINs: Change Contact and Responsible Party Information within 60 Days

August 26, 2022

The IRS is reminding entities with EINs to update information. IRS regulations require EIN holders to update responsible party information within 60 days.

Is Your Will or Trust Up to Date? Estate Planning Is an Ongoing Process

August 24, 2022

Did you do your estate planning some time ago before the passage of substantial tax law changes? Then your documents may be out of date.