Obscure and Overlooked Tax Deductions, Credits, and Benefits
As tax time approaches, it's time to review tax credits and deductions available to you. Don't miss these overlooked tax credits and benefits this year.
Highlights of Next Year’s Fringe Benefit COLAs
Employers: Are you up to speed on the recently issued 2024 cost-of-living adjustments for many popular fringe benefits? Here are some of the latest amounts.
Key 2024 Inflation-Adjusted Tax Parameters for Small Businesses and Their Owners
Before you know it, 2024 will be here. The IRS recently announced inflation-adjusted amounts for next year that are relevant to small businesses.
Last Minute 1099-K Reporting Threshold Change
The IRS has announced a delay of the new $600 Form 1099-K reporting threshold for third-party settlement organizations for 2023.
IRS Expands Requirement to E-File Information Returns Starting in 2024
The IRS issued a new e-filing mandate that will apply to information returns filed on or after January 1, 2024. Will you be required to e-file this year?
The Social Security Wage Base for Employees and Self-Employed People Is Increasing in 2024
The Social Security Administration recently announced that the wage base for computing Social Security tax will increase in 2024. Read more to learn about this update.
Electric Vehicle Charging Taxes: A State-By-State Overview
The electric and hydrogen vehicle revolution is well underway and every state is dealing with taxes differently. Fiducial has the information you need here.