The Inflation Reduction Act Gives the Solar Tax Credit New Life

The Inflation Reduction Act Gives the Solar Tax Credit New Life

The Inflation Reduction Act gives new life to the federal solar tax credit. It also provides guidelines allowing batteries to also qualify for the credit.
The New Home Energy Improvement Credit Is Bigger and Better

The New Home Energy Improvement Credit Is Bigger and Better

A tax credit for making energy-saving improvements to a home isn't new. However, the Inflation Reduction Act enhanced the home energy improvement credit.
Electric Vehicle Credit Undergoes Major Overhaul

Electric Vehicle Credit Undergoes Major Overhaul

Recently, the Inflation Reduction Act of 2022 was passed. With it, the electric vehicle credit has undergone some major changes.
Worried About an IRS Audit? Advanced Preparation is Key

Worried About an IRS Audit? Advanced Preparation is Key

IRS audit rates are historically low, but that’s little consolation if your return is chosen. With proper preparation and planning, you should fare well.
SBA Disaster Loans: Loans Available After Hurricanes Fiona & Ian

SBA Disaster Loans: Loans Available After Hurricanes Fiona & Ian

In response to the devastation of Hurricanes Fiona in Puerto Rico and Ian in Florida, SBA (The U.S. Small Business Administration) Disaster Loans are now available.
Don't Ignore Household Employee Payroll Tax Rules

Don't Ignore Household Employee Payroll Tax Rules

Have you hired a domestic worker in or around your home? If the worker is your household employee, you have tax obligations to filfill (and W-2s to issue!).
Not Required to File a Tax Return? You May Be Missing Out if You Don’t

Not Required to File a Tax Return? You May Be Missing Out if You Don’t

Some people may not file a tax return because they didn't earn enough money to be required to file. However, they may miss out on getting a refund.
What Does the Inflation Reduction Act Mean to You?

What Does the Inflation Reduction Act Mean to You?

On August 16, 2022, President Biden signed into law the Inflation Reduction Act of 2022. Fiducial explores how this act will impact individual taxpayers.