![Using an S Corporation May Help Business Owners Reduce Tax](https://blog.fiducial.com/wp-content/uploads/2020/03/FiducialBlogImage--ReduceTaxeswithSCorporation_fbc531f1a8827c2e412f6ef0e4a6cdb8_2000-495x292.jpg)
Using an S Corporation May Help Business Owners Reduce Tax
Is your business a sole proprietorship or an LLC? Are you paying both income tax and self-employment tax? You may cut your taxes by using an S corporation.
![Does Your Tax ID Number (ITIN) Need to be Renewed?](https://blog.fiducial.com/wp-content/uploads/2020/03/FiducialBlogImage--TaxIDnumber_38d7f1e3eb71b2c2646f71113782ec6f_2000-495x400.png)
Does Your Tax ID Number (ITIN) Need to be Renewed?
According to the IRS, just about 2 million tax ID numbers (ITINS) will expire at the end of 2019. Need to renew your tax ID number? Learn how with Fiducial.
![What Are My Chances of Being Audited and How Can I Reduce Them?](https://blog.fiducial.com/wp-content/uploads/2020/03/FiducialBlogImage--Chancesofbeingaudited_d87b9da1cc4c20838befb38ee6b90e95_2000-495x400.png)
What Are My Chances of Being Audited and How Can I Reduce Them?
Your chances of being audited are pretty rare. Fewer than 1% of taxpayers will get that notice on IRS letterhead. Here are some tips to lower your chances.
![Eldercare can be a Medical Tax Deduction](https://blog.fiducial.com/wp-content/uploads/2020/02/action-adult-affection-eldery-339620_cf93dd7edde461e4a072d35403001a89_2000-495x400.jpg)
Eldercare can be a Medical Tax Deduction
Many individuals are serving as care providers for loved ones, the cost of caring for them may be deductible as a medical expense.
![Unexpected Tax Bill? Fiducial Budget Tips Can Help You Cover It](https://blog.fiducial.com/wp-content/uploads/2020/02/FiducialBlogImage--Unexpectedtaxbill_d8093e18c71bdea51ab7bc2c69afff7b_2000-495x400.png)
Unexpected Tax Bill? Fiducial Budget Tips Can Help You Cover It
When you’re hit with a large, unexpected tax bill, it can be shattering. People who owe significant amounts of money have several options available to them.
![Pension Startup Credit for Employers Substantially Increased](https://blog.fiducial.com/wp-content/uploads/2020/02/FiducialBlogImage--PensionSartupCreditforEmployers_0de670f2ac33086e0d65e7b7bdf019c8_2000-495x400.jpg)
Pension Startup Credit for Employers Substantially Increased
Are you considering establishing a qualified pension plan for your business? You may be entitled to a pension startup credit for employers.