Fiducial Blog – Page 21

Estimated Tax Payments: Everything You Need to Know

April 27, 2022

Are your withholding and tax credits much less than your projected tax liability? Estimated tax payments can protect you from underpayment penalties.

What Makes a Sustainable Business? Fiducial Has Some Tips

April 25, 2022

A sustainable business is a business built to last. Understanding how to build this can be the difference between success and failure.

Stepped-up Basis: Inheritances Enjoy a Special Tax Benefit

April 23, 2022

You may have heard the term “Stepped-Up Basis.” But what does it mean? Fiducial breaks it down in relation to many common inheritance scenarios.

8 Keys to Creating an Effective Employee Handbook

April 22, 2022

Most companies have policies governing employment practices. However, they sometimes maintain them informally. An employee handbook formalizes those policies.

Thinking about participating in your employer’s 401(k) plan? Here’s how it works

April 20, 2022

If you’re fortunate to have an employer offering a 401(k) plan, you may wonder if you should participate. Here are the basic features of these plans.

Fringe Benefit Implications of Employer-Provided Cell Phones

April 18, 2022

An increase in remote workers has created new issues for employers. Should they provide workers with cell phones or let them use personal phones for work..

Using HRAs as Investment and Savings Vehicles

April 16, 2022

HRAs can be a tax-advantaged way for employees to get reimbursements for out-of-pocket costs. HRAs can also function as an investment and savings vehicle.

How Long Should You Keep Old Tax Records?

April 15, 2022

This is a common question: How long must taxpayers keep copies of their income tax returns and supporting tax records? And Fiducial has your answer.

The 2022 IRS Interest Rate Hike Went Live April 1st

April 13, 2022

Are you required to pay quarterly estimated income tax? Then, a recent interest rate hike imposed by the IRS may directly impact on you.

Can’t Pay Your Taxes? Consider these Payment Options in Future

April 11, 2022

Most taxpayers receive a refund when they file their tax returns. However, some end up owing. What should you do if you can't pay your taxes? Ask Fiducial.

What Is Tax Basis and Why Is It So Important?

April 9, 2022

The term “basis” refers to the monetary value used to measure a gain or loss. In this article, Fiducial explores tax basis in various circumstances.

Good News! Fully Deduct Business Meals in 2021 and 2022

April 8, 2022

The federal government is picking up the tab for certain business meals. The usual deduction for 50% of the cost of these meals doubled in 2022 (and 2021).