Increased Business Meal Deduction for 2021 and 2022
Under TCJA, the business meal deduction is 50% of the actual expense. For 2021 & 2022, the Taxpayer Certainty & Disaster Tax Relief Act of 2020 allows 100%.
Here’s What Happened in the World of Small Business in March 2021
March 2021 was a big month for your small business! Check out Fiducial’s list of five things that happened last month that affect your small business.
What Are the Tax Implications of Buying or Selling a Business?
If you are considering buying or selling another business, it’s important to understand the tax implications. So, here are Fiducial’s best tips!
Unemployment Fraud Creates Tax Stress for Unsuspecting Taxpayers
Improper unemployment payments cost the US $36 to $63 billion in 2020.The improper payments are a result of unemployment fraud.
Mark Your Calendar! April 2021 Individual and Business Tax Due Dates
April is a big month for tax due dates! The deadline to file has been extended to May 17th, but there are still some taxes due in April. Mark your calendar!
Were You the Victim of a Qualified Disaster? There Is Tax Relief Available
Often, legislation provides tax relief to the victims of a qualified disaster. Now, we have the Taxpayer Certainty and Disaster Tax Relief Act of 2020.
What Are the Tax Benefits and Drawbacks of Home Ownership?
Housing is a big expense for everyone. Fiducial looks at the tax benefits and drawbacks of buying, financing, and owning a home.