How Long Should You Keep Old Tax Records?
This is a common question: How long must taxpayers keep copies of their income tax returns and supporting tax records? And Fiducial has your answer.
Ways to Deduct Health Insurance
Health insurance premiums have risen dramatically and are one of the largest expenses that most individuals pay. Learn what is treated as deductible health insurance.
Major Tax Sunset of TCJA Provisions on the Horizon
In late 2017, Congress passed the Tax Cuts & Jobs Act (TCJA) which made enormous changes to income tax laws. There is a major sunset of these provisions on the horizon.
Does a Foreign Entity Need a U.S. Identification Number (EIN)?
It is mandatory for foreign entities that are conducting business in the United States to have an Employer Identification Number. Learn more on how to obtain an EIN.
Understanding Self-Employment Tax
Self-employment (SE) tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. Read more to learn.
8 Steps to Avoid Common Tax and Accounting Mistakes
Learn the eight common tax and accounting mistakes. As well as insights into why they occur and offering detailed strategies to prevent them.
Navigating the Tax Implications of Remote Work for SMBs: A Comprehensive Guide
Understanding the tax nexus associated with remote work is one of the most significant challenges for many business owners.