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

Excess Business Losses Find Change in the CARES Act

Excess Business Losses Find Change in the CARES Act

The CARES Act made changes to excess business losses. This includes retroactive changes and opportunities for businesses to file amended returns.
Read more
Extended Benefit Claims and Appeals Periods During COVID-19

Extended Benefit Claims and Appeals Periods During COVID-19

Federal agencies extended certain claims and appeals periods. These claims and appeals periods apply for employee pension benefits plans subject to ERISA.
Read more
DOL Revises FFCRA Rules on Paid Sick and Family Leave

DOL Revises FFCRA Rules on Paid Sick and Family Leave

A federal trial court invalidated provisions of the DOL’s temporary regulations. These regulations affected the paid leave provisions of the FFCRA.
Read more
Tax Penalties Can Add Up--Ask Fiducial How to Avoid Them

Tax Penalties Can Add Up--Ask Fiducial How to Avoid Them

Most taxpayers don’t mean to incur tax penalties. Many are not aware of the penalties or their impact. Let’s look at some penalties and how to avoid them.
Read more
Foreign Account Reporting (FBAR) Due October 15

Foreign Account Reporting (FBAR) Due October 15

Failure to file the required FBAR forms can result in severe penalties. The due date for foreign account reporting (FBAR) is October 15, 2020.
Read more
Wealthy Taxpayers May Want to Strategize for Potential Tax Increases

Wealthy Taxpayers May Want to Strategize for Potential Tax Increases

The President has not revealed his future tax policies, but Joe Biden has. That is why the wealthy are strategizing for potential tax increases.
Read more
October's Extended Due Date Is Fast Approaching (And So Are Penalties!)

October's Extended Due Date Is Fast Approaching (And So Are Penalties!)

Did you complete your 2019 return by July 15? If not, and you filed a request for more time, that extended due date expires October 15, 2020.
Read more
COVID-19 Testing, Diagnostics Not Minimum Essential Coverage

COVID-19 Testing, Diagnostics Not Minimum Essential Coverage

The IRS has news regarding COVID-19 testing and diagnostics. Medicaid coverage limited to COVID-19 services does not qualify as minimum essential coverage.
Read more
Traditional IRA and RMD Opportunities to Explore for 2020

Traditional IRA and RMD Opportunities to Explore for 2020

Many people have taken financial hits this year. However, 2020 does provide some unique tax opportunities for those with traditional IRA accounts.
Read more
Health Savings Accounts (HSAs): What You Need to Know

Health Savings Accounts (HSAs): What You Need to Know

HSAs are misunderstood and underused. Congress created them so those with HDHPs could save for medical expenses not covered by insurance.
Read more
Employers Should Approach Payroll Tax Deferral Cautiously

Employers Should Approach Payroll Tax Deferral Cautiously

President Trump signed an executive memo on August 8 for a payroll tax deferral. It creates uncertainty re: administrative compliance and long-term impact.
Read more
New Opportunity For $500 Economic Impact Payments for Children

New Opportunity For $500 Economic Impact Payments for Children

The IRS reopens registration for those with children who didn't receive Economic Impact Payments. Did you receive your $500/child stimulus payment?
Read more
Key Tax Deadlines for Businesses and Employers in Q4 2020

Key Tax Deadlines for Businesses and Employers in Q4 2020

Here are key tax-related deadlines for businesses and employers in Q4 2020. This list isn’t all-inclusive; additional deadlines may apply to you.
Read more
Stimulus Checks Issued to Decedents Cancelled by the IRS

Stimulus Checks Issued to Decedents Cancelled by the IRS

The Treasury Dept. has cancelled outstanding stimulus checks issued to ineligible recipients. This includes those declared deceased.
Read more
Qualified retirement plan rules affect COVID-19-related layoffs and rehires

Qualified retirement plan rules affect COVID-19-related layoffs and rehires

Have you laid off employees because of COVID-19? Plan to rehire some of them before 2020 ends? If so, and you offer a qualified retirement plan, listen up!
Read more
What You Need To Know About Bonus Depreciation

What You Need To Know About Bonus Depreciation

Are you aware of the 100% bonus depreciation tax available for qualifying property? Fiducial has five important points to know about this tax-saving tool.
Read more