Personal – Page 3 – Fiducial Blog

Are You an American Living Abroad? Here Are Tips for Expats Filing Taxes

June 30, 2023

Think that because you've moved out of the country, you don't have to pay taxes on money you earn? Not so. Expats need to continue filing taxes.

Reconstructing Individual Financial and Tax Records

June 28, 2023

Hurricanes, fires, floods, tornadoes, and other unanticipated events can all destroy tax records. Fiducial has tips to reconstruct lost financial records.

Should You Reimburse Employees for Moving Expenses?

June 26, 2023

Considering reimbursing new hires for moving expenses or existing employees for relocation costs? Learn about the applicable tax rules first.

The benefits of Qualified Opportunity Funds are Waning

June 23, 2023

What are Qualified Opportunity Funds? They are investment vehicles organized as a corporation/partnership to invest in qualified opportunity zone property.

Overlook Something on a Prior Tax Return? File an Amended Return

June 21, 2023

Taxpayers sometimes overlook items of income on a tax return. It happens! Learn why it's so important to file an amended return.

Commonly Asked Tax Questions (and Answers!)

June 14, 2023

Only deal with income taxes once a year with your tax return? If the answer is yes, we bet you have questions related to tax terminology.

The IRS Issues Update to the Scams to Be Aware of for 2023 and Beyond

June 12, 2023

When it comes to income taxes, two things tend to be true every year. First, April will always roll around, and second, with tax season comes tax scams.

4 Ways to Reasonable Compensation for Corporate Business Owners

June 9, 2023

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.