Should There Be New Tax Rules for Telecommuters?

Should There Be New Tax Rules for Telecommuters?

Employers and employees enjoy being telecommuters - even post-pandemic. Should the IRS update the tax rules re: the deductibility of travel expenses?
Don't Ignore Household Employee Payroll Tax Rules

Don't Ignore Household Employee Payroll Tax Rules

Have you hired a domestic worker in or around your home? If the worker is your household employee, you have tax obligations to filfill (and W-2s to issue!).
Inflation Reduction Act Provisions of Interest to Small Businesses

Inflation Reduction Act Provisions of Interest to Small Businesses

The Inflation Reduction Act (IRA) was signed into law by President Biden on August 16. It contains provisions that provide tax relief for small businesses
Not Required to File a Tax Return? You May Be Missing Out if You Don’t

Not Required to File a Tax Return? You May Be Missing Out if You Don’t

Some people may not file a tax return because they didn't earn enough money to be required to file. However, they may miss out on getting a refund.
What Does the Inflation Reduction Act Mean to You?

What Does the Inflation Reduction Act Mean to You?

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022. Fiducial explores how this act will impact individual taxpayers.
Having a Low-Income Year? Take Tax Advantage of It

Having a Low-Income Year? Take Tax Advantage of It

2022 not producing a lot of income? Will your income be substantially lower this year? You might be able to take advantage of tax-planning opportunities.