https://blog.fiducial.com/wp-content/uploads/2020/11/FiducialBlogImage--Taxresponsibilitieswhenclosingyourbusiness_3e2ef2cea5000a94a1098ce73e60a1e6_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-11-11 14:00:152020-11-11 14:00:15Closing Your Business Amid the Pandemic? Know Your Tax Obligations
Is your business planning payroll next year? Be aware that the Social Security wage base is increasing. The max earnings subject to SS tax will increase.
https://blog.fiducial.com/wp-content/uploads/2020/11/FiducialBlogImage--SocialSecuityWageBase_9fe13ca97dfc1d242052a5df55f16a1e_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-11-06 14:01:072020-11-06 14:01:07Did you Know That the Social Security Wage Base Is Increasing in 2021?
During the pandemic, the IRS furloughed employees or had them work from home. IRS offices remained shuttered for months. This caused an IRS mail backlog.
https://blog.fiducial.com/wp-content/uploads/2020/11/FiducialBlogImage--IRSMailBacklog_d9c24a1cef754d28b3bc83a7d760b9f5_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-11-04 14:00:182020-11-04 14:00:18Has the IRS Cashed Your Check? The Problem Is an IRS Mail Backlog
https://blog.fiducial.com/wp-content/uploads/2020/11/FiducialBlogImage--TaxExtensionDeadlinePassed_34f54bf66c4eb9400bd1117fd483d193_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-11-02 14:00:232020-11-02 14:00:23What Happens if I Missed the October 15th Tax Extension Deadline?
https://blog.fiducial.com/wp-content/uploads/2020/10/FiducialBlogImage--IRSAuditBlog_fbc82f7392351e4b0fc5a370ab49b005_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-10-28 13:01:052020-10-28 13:01:05The Easiest Way to Survive an IRS Audit is to Get Ready in Advance
If you have lost your job, there are a number of tax issues you may encounter. How you deal with these issues can profoundly impact your taxes and finances.
https://blog.fiducial.com/wp-content/uploads/2020/10/FiducialBlogImage--TaxConsequencesofLosingYourJob_ed39b62223e2113f708108f82ef78f61_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-10-26 13:00:182020-10-27 12:42:22What Are the Tax Consequences of Losing Your Job?
The IRS has resurrected the Form 1099-NEC (non-employee compensation). With this form, you may report non-employee compensation in place of the 1099-MISC.
https://blog.fiducial.com/wp-content/uploads/2020/10/FiducialBlogImage--Form1099-NEC_61c137e8e08b00eb620ecc8757611669_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2020-10-16 13:01:052020-10-16 13:01:05Form 1099-NEC Is Coming--Here’s What You Need to Know