The Solar Credit is Sunsetting Soon--Should You Take Advantage Now?
The solar credit is fading away. After being 30% of the cost for many years through 2019, the credit drops to 26% in 2020. In 2021, it drops again to 22%.
Business website costs: How to handle them for tax purposes
The business use of websites is widespread. However, the IRS hasn’t yet issued formal guidance on when Internet business website costs can be deducted.
Health Savings Accounts (HSAs) For Your Small Business
Small business owners know the increasing cost of employee health care benefits. Employer-sponsored HSAs may provide some of these benefits and save money.
Do You Know Unemployment Benefits Are Taxable?
Some workers are receiving unemployment benefits for the first time. They may not know that the benefits are taxable for federal purposes & in some states.
Tax-Planning Opportunities for Year-end That You Should Not Miss
2020 has more than the usual tax-planning opportunities. Schedule a tax-planning appointment before year-end to enjoy tax benefits and strategies for 2020.
Can Employers Provide Disaster Relief for COVID-19?
Many employees have suffered financial hardships due to the COVID-19 pandemic. In response, employers may consider disaster relief as a fringe benefit.
Closing Your Business Amid the Pandemic? Know Your Tax Obligations
Has the pandemic forced the closing of your business? If so, Fiducial will assist you in taking care of the tax obligations that must be met.