The standard business mileage rate went up! The rate used to calculate the deductible cost of operating an automobile for business grew by 2.5 cents/mile.
https://blog.fiducial.com/wp-content/uploads/2022/01/FiducialBlogImage--StandardMileageRateIncrease_1d2a9a1843fbd883b7103c99ac0359e2_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-01-12 14:01:082022-01-12 14:01:08The Standard Business Mileage Rate Increased for 2022!
https://blog.fiducial.com/wp-content/uploads/2022/01/FiducialBlogImage--TaxPenalties2_dd161bfa9b6eb06af4942a171a7ba214_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-01-05 14:00:342022-01-05 14:00:34Hit With a Tax Penalty? Here Are a Few to Watch Out For
https://blog.fiducial.com/wp-content/uploads/2021/12/FiducialBlogImage--SUVsasBusinessVehicles_6167b89cb8c0b0dcb076df606931ef64_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-12-24 14:00:332021-12-24 14:00:33Need a New Business Vehicle? Consider a Heavy SUV
https://blog.fiducial.com/wp-content/uploads/2021/12/FiducialBlogImage--TaxStrategy_43fff443fd0bfa18a1c92f2dfddf6414_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-12-20 14:00:362021-12-20 14:00:3610 Tax Strategies to Consider Before the End of 2021
https://blog.fiducial.com/wp-content/uploads/2021/12/FiducialBlogImage--Start-upExpenses_0440592363007e19209145cda0edb6dc_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-12-08 14:00:352021-12-08 14:00:35Should You Deduct Your Business Start-Up Expenses?
The IRS is reminding entities with EINs to update information. IRS regulations require EIN holders to update responsible party information within 60 days.
https://blog.fiducial.com/wp-content/uploads/2021/12/FiducialBlogImage-ChangeContactInfo.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-12-02 20:16:502021-12-02 20:16:52EINs: Change Contact and Responsible Party Information in 60 Days
Fiducial has a list of potential tax strategies that may benefit you. Every taxpayer’s situation is unique; not all of these strategies will apply to you.
https://blog.fiducial.com/wp-content/uploads/2021/11/FiducialBlogImage--TaxStrategies2_00de2705bbeb4b71804ab128e11a3f20_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-11-19 14:00:452021-11-19 14:00:45Tax Strategizing Now May Be Wise as New Tax Proposals Loom
The "Green Book" outlines the Biden administration’s tax proposals. One of the proposals in the Green Book is to increase the long-term capital gain rates.
https://blog.fiducial.com/wp-content/uploads/2021/11/FiducialBlogImage--CapitalGains3_358cb47e81c0e63770405195541c35f4_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2021-11-05 13:00:422021-11-05 13:00:42Higher Capital Gain Rates Brings Interest in Opportunity Zone Funds