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.
https://blog.fiducial.com/wp-content/uploads/2021/03/FiducialBlogPost--QualifiedDisasterRelief_2154d7cd24832a47159661d5b96dc79c_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-03-31 13:00:242021-03-31 13:00:24Were You the Victim of a Qualified Disaster? There Is Tax Relief Available
https://blog.fiducial.com/wp-content/uploads/2021/03/FiducialBlogImage--HomeOwnership_a531193a54fa0b25358642f00db91a2f_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-03-29 13:00:062021-03-29 13:00:06What Are the Tax Benefits and Drawbacks of Home Ownership?
Most taxpayers think they must itemize their tax deductions to claim them on their return. You can claim some deductions while using the standard deduction.
https://blog.fiducial.com/wp-content/uploads/2021/03/FiducialBlogImage--AbovethelineTaxDeductions_29696c0bc16825a6cf0d5165c540a67d_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-03-26 13:00:252021-03-26 13:00:25Fiducial’s List of Tax Deductions You Can Take Without Itemizing
The Consolidated Appropriations Act (CCA) included a very tax-beneficial provision. This provision liberalized the interaction between PPP loans & the ERC.
https://blog.fiducial.com/wp-content/uploads/2021/03/FiducialBlogImage--PPPandERC_5c2ff782704888e23578b9b0690d0eda_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-03-24 13:00:372021-03-24 13:00:37Interaction between PPP Loans and the Employee Retention Credit (ERC)
The IRS annually computes standard mileage rates for use of a vehicle for business, medical and moving purposes. New rates take effect on January 1, 2021.
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