For Business – Page 19 – Fiducial Blog

April 14, 2023

How does a business know if advertising and marketing expenses are deemed “ordinary and necessary” to qualify as deductible on their tax return?

April 12, 2023

How can a business or individual dispose of appreciated real property without taxation on the gain? You can do this through a like-kind exchange.

April 7, 2023

Converting from an S Corp to a C Corp is possible. However, it's a process that requires you to keep a few key things in mind along the way.

March 27, 2023

S corporation compensation is often misunderstood and abused. If stockholders work in the business, they must take reasonable compensation as wages.

March 24, 2023

Several provisions in the TCJA have expired or will expire in the next few years. Last year was the end of current deductibility for R&E expenses.

March 22, 2023

COVID pandemic-related benefits have come to an end. These decreases in federal tax benefits will mean smaller 2022 tax refunds for taxpayers..

March 13, 2023

Buying or replacing a vehicle that you’ll use in your business? A heavy SUV may provide a more generous tax break this year than a smaller vehicle.

March 10, 2023

Earn your living through tips? Employ individuals who receive tips as part of their compensation? Then you need to know the tax implications.