Run a business from home? You May Qualify for Home Office Deductions

Run a business from home? You May Qualify for Home Office Deductions

Are you self-employed? Do you run your business from your home? You might be able to claim deductions for home office expenses against your business income.
Increased Business Meal Deduction for 2021 and 2022

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

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?

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

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

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

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?

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.