Personal – Page 21 – Fiducial Blog

Run a business from home? You May Qualify for Home Office Deductions

April 14, 2021

Are you self-employed? Do you run your business from your home? You might be able to claim deductions for home office expenses against your business income.

Unemployment Fraud Creates Tax Stress for Unsuspecting Taxpayers

April 5, 2021

Improper unemployment payments cost the US $36 to $63 billion in 2020.The improper payments are a result of unemployment fraud.

Mark Your Calendar! April 2021 Individual and Business Tax Due Dates

April 2, 2021

April is a big month for tax due dates! The deadline to file has been extended to May 17th, but there are still some taxes due in April. Mark your calendar!

Were You the Victim of a Qualified Disaster? There Is Tax Relief Available

March 31, 2021

Often, legislation provides tax relief to the victims of a qualified disaster. Now, we have the Taxpayer Certainty and Disaster Tax Relief Act of 2020.

What Are the Tax Benefits and Drawbacks of Home Ownership?

March 29, 2021

Housing is a big expense for everyone. Fiducial looks at the tax benefits and drawbacks of buying, financing, and owning a home.

Fiducial’s List of Tax Deductions You Can Take Without Itemizing

March 26, 2021

Most taxpayers think they must itemize their tax deductions to claim them on their return. You can claim some deductions while using the standard deduction.

The Latest on COVID-related Deadline Extensions for Health Care Benefits

March 22, 2021

The DOL issued EBSA Disaster Relief Notice 2021-01. It clarifies the duration of some COVID-19-related deadline extensions to health care benefits plans.

IRS Offers New Identity Protection (IP PIN) for Taxpayers

March 19, 2021

The IP PIN is a six-digit code known only to the taxpayer and the IRS. It helps prevent identity thieves from filing fraudulent tax returns.