Is Your Corporation Eligible for the Dividends-Received Deduction?

Is Your Corporation Eligible for the Dividends-Received Deduction?

There’s a special tax deduction available to C corporations. The “dividends-received deduction” reduces or eliminates an extra level of tax on dividends.
Congratulations On Selling Your Business: What Happens Next?

Congratulations On Selling Your Business: What Happens Next?

What's one of the most important things to understand about selling your business? You need a solid financial plan. Fiducial has tips to help!
Your Business Partnership May Have to Report More Income on Returns

Your Business Partnership May Have to Report More Income on Returns

You may be taxed on more business partnership income than was distributed to you. Why? It’s due to the way partnerships and partners are taxed.
What Are the Best Tax Saving Moves? Important Times to Seek Assistance

What Are the Best Tax Saving Moves? Important Times to Seek Assistance

How do you know when to seek assistance from a tax professional? Many opportunities exist, but if you don’t know, tax-saving opportunities can pass you by.
Are Damage Awards Taxable? Fiducial Has the Scoop!

Are Damage Awards Taxable? Fiducial Has the Scoop!

The tax code specifies that all income is taxable from any source, unless exempted. Though the tax code does provide an exclusion for certain damage awards.
Help When Needed: Apply the Research Credit Against Payroll Taxes

Help When Needed: Apply the Research Credit Against Payroll Taxes

Is your small company or start-up planning to claim the research tax credit? You can apply all or some of these credits against your payroll taxes.
Calculating Corporate Estimated Tax: What You Need to Know

Calculating Corporate Estimated Tax: What You Need to Know

The next quarterly estimated tax payment deadline is September 15. So, it’s a good time to review the rules for computing corporate estimated tax payments.
Understanding What Innocent Spouse Relief Is, and Whether You Need It

Understanding What Innocent Spouse Relief Is, and Whether You Need It

What happens if your spouse is a tax cheat, and you unknowingly signed a joint tax return. Are you responsible or can you receive innocent spouse relief?