Fiducial Blog – Page 41

Understanding SBA Disaster Loans and What They Mean for You

April 15, 2020

Are you a small business owner struggling financially due to the COVID-19 outbreak? The SBA is offering Economic Injury Disaster Loans of up to $2 million.

The New COVID-19 Law (CARES Act) Provides Businesses with Relief

April 13, 2020

President Trump signed into law another COVID-19 law (CARES Act), which provides extensive relief for businesses and employers. Read on for specifics.

Unable to Pay Your Taxes? Due Date Extended Because of COVID-19

April 10, 2020

If you are currently unable to pay your taxes, the payment extension of July 15 due to COVID-19 may help. If you are still unable to pay, you have choices.

SBA Disaster Loans During the Coronavirus Outbreak

April 8, 2020

The U.S. Small Business Administration (SBA) has never faced a challenge like the COVID-19 outbreak. Fiducial has the latest on SBA disaster loans.

Taxes and Coronavirus: Frequently Asked Questions (FAQ)

April 6, 2020

The COVID-19 outbreak is affecting our lives – including our taxes.Fiducial has the answers to your FAQs about how you may be impacted.

Families First Coronavirus Response Act: What Employers Need to Know

April 3, 2020

The Families First Coronavirus Response Act may make drastic actions by employers unnecessary. Fiducial explains the details of what the Act covers.

How the Families First Coronavirus Response Act Affects Employee Leave

April 1, 2020

The Families First Coronavirus Response Act allows employees to care for themselves or loved ones. It includes new tax credits to offset employers’ costs.

IRA Contribution Age Restriction Removed By Congress

March 30, 2020

Effective for tax years beginning in 2020, for individuals who otherwise qualify, Congress has removed the IRA contribution age restriction.

Qualified Charitable Distribution (QCD) Provision Gets a New Twist

March 27, 2020

Those age 70½ + can transfer up to $100,000 annually from IRAs to qualified charities. This transfer are called a qualified charitable distribution (QCD).

Why Basis Is So Important in Determining Valuation at Tax Time

March 25, 2020

Basis is used to calculate depreciation, casualties, and depletion, as well as gains or losses on disposition of an asset.

Fiducial's Small Business COVID-19 Resources

March 23, 2020

Fiducial understands that the current COVID-19 situation is an unprecedented and difficult time to navigate as a small business. Fiducial is providing the following resources to help guide you, content will be updated and added to these sites as it becomes available.

Is that IRS Letter a Tax Scam or Something You Need to Address?

March 23, 2020

You need to decide whether the IRS letter you received is a scam or something you need to address. Fiducial wants you to consider some tips and information.

Did You Pay Tax on Home Mortgage Debt Relief in 2018?

March 20, 2020

Congress has retroactively extended home mortgage debt relief. If you paid tax on forgiven home acquisition debt income in 2018, your return can be amended.

How to Lead Your Busines Through a National Emergency

March 19, 2020

A National Emergency such as COVID-19 can affect your small business more than you imagined, Fiducial is here to help you through this difficult time.