October Extended Due Date Just Around the Corner

October Extended Due Date Just Around the Corner

October 15 is the extended due date for filing federal individual tax returns for 2020. Failure to file before that date may incur late-filing penalties.
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Recordkeeping Tips Business Owners Should Know to Keep the IRS Away

Recordkeeping Tips Business Owners Should Know to Keep the IRS Away

Want to avoid making errors in your recordkeeping? Then, you need to know the most commonly encountered pitfalls. Here are Fiducial’s most helpful tips.
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Getting a Divorce? Be Aware of Tax Implications If You Own a Business

Getting a Divorce? Be Aware of Tax Implications If You Own a Business

If you’re a business owner and you're getting a divorce, tax issues can complicate matters. The best thing you can do to avoid surprises is plan ahead.
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Should You Opt Out of the Advance Child Tax Credit?

Should You Opt Out of the Advance Child Tax Credit?

Have children under the age of 18? By now, you likely have received your first advance child tax credit payment, either by check or by direct deposit.
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Is an S Corporation the Best Choice of Entity for Your Business?

Is an S Corporation the Best Choice of Entity for Your Business?

Thinking about starting a business with partners? Not sure what type of entity to form? An S corporation could be the best form of business for you.
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Can Employees “Cash-Out” Their Transportation Fringe Benefits?

Can Employees “Cash-Out” Their Transportation Fringe Benefits?

Not everyone will be heading back to the office post-pandemic. Among many issues raised by this development is the impact on transportation fringe benefits.
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Tax breaks to consider during National Small Business Week

Tax breaks to consider during National Small Business Week

Before Dec. 31, you may want to make some tax moves to save on 2021 taxes. Here are a few strategies.
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The Tax Implications if Your Business Engages in Environmental Cleanup

The Tax Implications if Your Business Engages in Environmental Cleanup

If your company faces the need to “remediate” or clean up environmental contamination, take a breath—all is not lost! Unexpected expenses are always worrisome, but there are ways to mitigate those losses.
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