Why Basis Is So Important in Determining Valuation at Tax Time
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
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?
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.
How to Lead Your Busines Through a National Emergency
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.
Form 941: Do I Need to File If I Had No Employees This Quarter?
Employers must submit form 941 quarterly. If you do not pay employees during a given quarter, you must still submit it, with a few exceptions.
Business or Pleasure? Tax Deductions for Travel of the Self-Employed
If a business trip incorporates a vacation, special rules determine tax deductions for travel expenses. If you are self-employed, here are the rules.
Tax Benefits and Kids: If Your Kids Work, You May Get a Tax Break
What do you know about the tax benefits kids receive for working? Fiducial has a primer on the tax benefits of putting your kids to work.