Subscribe To Our Newsletter

Join now to stay up to date with the latest from the Fiducial blog!

By submitting this form, you are consenting to receive marketing emails from: Fiducial Blog. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Categories

Archives

Tax Advantages of Hiring Your Child at Your Small Business

Tax Advantages of Hiring Your Child at Your Small Business

Did you know that you can save family income and payroll taxes by putting your child on the payroll? If you own a small business, read on!
Read more
Are SIMPLE and SEP Plans the Right Options for Your Small Business?

Are SIMPLE and SEP Plans the Right Options for Your Small Business?

Are you thinking about setting up a retirement plan for yourself and your employees? Two options to consider are the SEP or the SIMPLE.
Read more
Do You Owe Taxes and Can't Pay by the Due Date?

Do You Owe Taxes and Can't Pay by the Due Date?

What do you do if you end up owing money on your taxes? The IRS encourages you to pay the full amount by imposin penalties and interest on late payments.
Read more
Looking for a Tax Credit? Don’t Miss out on These!

Looking for a Tax Credit? Don’t Miss out on These!

A tax credit is a tax benefit that offsets your actual tax liability. Check out Fiducial's list of tax credits available to individual taxpayers for 2020.
Read more
Switching Entities: Should You Convert from a C to an S Corporation?

Switching Entities: Should You Convert from a C to an S Corporation?

An S corporation can provide substantial tax benefits over a C corporation at times. However, costly tax issues may exist that you should assess.
Read more
Good News! Big Increase in Child Tax Credit For 2021

Good News! Big Increase in Child Tax Credit For 2021

An increased child tax credit is part of the ARPA. The IRS will pay a portion of the credit in advance in monthly payments from July through December.
Read more
Uncle Sam May Pick Up the Cost of Your COBRA Medical Coverage

Uncle Sam May Pick Up the Cost of Your COBRA Medical Coverage

The ARPA includes a provision for the federal government to pick up the cost of COBRA health coverage. Read on to learn more about this program.
Read more
Buckle Up for 2021: 4 Compliance Trends to Watch

Buckle Up for 2021: 4 Compliance Trends to Watch

In a matter of months, COVID-19 forced organizations to make seismic shifts in their operations. How will the legal and compliance landscape evolve?
Read more
Mother doing home schooling with child while wearing surgical face mask for coronavirus

Cafeteria-Plan DCAPs Get Temporary Boost from COVID-19 Relief Act

Employers use cafeteria plans to offer employees a menu of benefits. Among the most popular are enrollment in dependent care assistance programs (DCAPs).
Read more
Another Round of Economic Impact Payments Approved by Congress

Another Round of Economic Impact Payments Approved by Congress

The American Rescue Plan Act includes an economic impact payment (EIP). This will be the third round of economic impact payments since the pandemic began.
Read more
Good news! Solar Tax Credit Extended for Two Years

Good news! Solar Tax Credit Extended for Two Years

A federal solar tax credit fhas been extended through 2023. The credit for 2021 and 2022 is 26% of the cost of the installation. It drops to 22% for 2023.
Read more
Number of Americans Who Didn't Pay Mortgage Hit 5% in December 2020

Number of Americans Who Didn't Pay Mortgage Hit 5% in December 2020

About 5 million Americans couldn't make their rent or mortgage payments in December 2020. That is more than 5% of all renters & mortgage holders in the US.
Read more
Are Your Unemployment Benefits Taxable? Fiducial Has the Answer

Are Your Unemployment Benefits Taxable? Fiducial Has the Answer

Unemployment benefits have changed throughout 2020. If you've received these benfits, you may be wondering if they're taxable. Fiducial has the answer!
Read more
Business highlights in the new American Rescue Plan Act (ARPA)

Business highlights in the new American Rescue Plan Act (ARPA)

President Biden signed the $1.9 trillion American Rescue Plan Act (ARPA) on March 11. Here's are several tax breaks and financial benefits for businesses.
Read more
Employee Retention Credit Extended Through June 2021

Employee Retention Credit Extended Through June 2021

During the pandemic, the CARES Act created the Employee Retention Credit for 2020. As part of the CCA, the credit has been extended through June 2021.
Read more
Great News! Child Care Tax Credit Expanded for 2021

Great News! Child Care Tax Credit Expanded for 2021

Great news if you pay childcare expenses that enable you to work. President Biden’s ARPA substantially increased the child and dependent care tax credit.
Read more