Corporate and LLC Structures May Protect Sole Proprietors’ Assets cover

Corporate and LLC Structures May Protect Sole Proprietors’ Assets

Being your own boss is great. However, you’ll have to decide which business structure is best for you - sole proprietor, corporate, or LLC structures.
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Traveling for Business This Summer? Here’s What You Can Deduct cover

Traveling for Business This Summer? Here’s What You Can Deduct

Traveling for business this summer? Under tax law, to claim deductions, you must meet certain requirements when traveling for business within the US.
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Reconstructing Individual Financial and Tax Records cover

Reconstructing Individual Financial and Tax Records

Hurricanes, fires, floods, tornadoes, and other unanticipated events can all destroy tax records. Fiducial has tips to reconstruct lost financial records.
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Should You Reimburse Employees for Moving Expenses? cover

Should You Reimburse Employees for Moving Expenses?

Considering reimbursing new hires for moving expenses or existing employees for relocation costs? Learn about the applicable tax rules first.
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DOs and DON’Ts of Deducting Business Meal & Vehicle Expenses cover

DOs and DON’Ts of Deducting Business Meal & Vehicle Expenses

Claiming deductions for business meals or auto expenses? Expect the IRS to closely review them. Tax auditors root out inconsistencies, omissions, and errors.
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Warning Signs That It May Be Time To Stop Managing Your Own Books cover

Warning Signs That It May Be Time To Stop Managing Your Own Books

Should you be managing your own books? Fiducial has a few key warning signs to watch out for that will signal when to hire a professional.
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4 Ways to Reasonable Compensation for Corporate Business Owners cover

4 Ways to Reasonable Compensation for Corporate Business Owners

There’s a tax advantage to taking money out of a C corp as compensation rather than dividends. But, only reasonable compensation can be deducted.
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Hiring Independent Contractors? Make Sure They’re Properly Handled cover

Hiring Independent Contractors? Make Sure They’re Properly Handled

Many businesses use independent contractors to help keep costs down. But be careful that these workers are properly classified for federal tax purposes.
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