Tax Central – Page 7 – Fiducial Blog

2023 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

September 29, 2023

As the season changes, it’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2023 tax filing deadlines.

How Does Education Impact Your Taxes?

September 25, 2023

How do scholarships, fellowship grants, and education expenses impact your taxes? What is the latest update on student loan forgiveness? Read more to answer all of your questions.

Research Credit Available as a Payroll Tax Credit Doubled

September 20, 2023

The Inflation Reduction Act has a provision that could benefit small business startups. It could allow them to double the research and development credit.

6 Common Tax Mistakes That Can Land You in Trouble with the IRS

September 11, 2023

Some common tax mistakes are more than just a small problem. They could actually land you in trouble with the IRS if you're not careful.

Planning for Your Retirement – New Wrinkles from the SECURE 2.0 Act

August 30, 2023

To encourage more Americans to save for retirement, Congress designed the SECURE Act 2.0. Some of these changes could impact your retirement plan strategy.

Tax Filing Status Change This Year? Look Out for Surprises at Tax Time

August 28, 2023

A tax filing status change because of a life event such as marriage or divorce often blindsides taxpayers. Consider tax ramifications to avoid surprises.

Extreme Weather May Lead to More 401(k) Hardship Distribution Requests

August 25, 2023

Extreme weather can result in damage to personal residences. You must prepare your HR staff and employees for the hardship distribution approval process.

What Will Happen When TCJA Tax Changes Sunset in 2025?

August 23, 2023

Most of the tax changes made by TCJA will expire after 2025. This will impact long range tax planning and result in a mixed bag of tax increases and cuts.