Don't Be A Victim to IRS-Impersonating Scammers
Scammers use taxpayers’ fear of the IRS to ply their scams. They try to trick you into divulging your SSN, DOB, and other personal data to scam the IRS.
Made a Mistake on Your Tax Return - What Happens Now?
Generally speaking, tax return mistakes are more common than you probably realize. Taxes have grown complicated and COVID tax relief has made many changes.
Thinking of Dumping Old Tax Records? Think Again
Tired of having all those old tax records taking up space? Want to dump as much as you can? Find out how long you should keep them.
Withdraw Cash from Your Closely Held Corporation at a Low Tax Cost
Owners of closely held corporations be interested in withdrawing cash from their businesses at a low tax cost. Here are some strategies Fiducial suggests.
You Should Be Keeping Home Improvement Records
The gain from a home’s sale can be substantially higher than the allowable exclusion. Home improvement records can be beneficial and save on taxes.
Tax Court Decision Holds Potential Impact for Travel Deductions
Many professions require extensive travel and time in paid lodging.Traditionally, taxpayers claim these as travel deductions. However, new rules are coming.
Looking for a Tax Credit? Don’t Miss out on These!
A tax credit is a tax benefit that offsets your actual tax liability. Check out Fiducial's list of tax credits available to individual taxpayers for 2020.