How Biden's Proposed American Families Plan Might Affect You
President Biden presented his American Families Plan (AFP) during his Joint Session of Congress address. Fiducial has an overview of what is in the plan.
Traveling for Business? What Business Travel Deductions Are Available?
As we emerge from the pandemic, business travel is beginning again. Under tax law, a number of rules exist for business travel deductions (within the US).
Eligible Businesses: Claim the Employee Retention Tax Credit (ERTC)
The Employee Retention Tax Credit (ERTC) is a valuable tax break. It was extended and modified by the (ARPA) in March, 2021. Here’s a rundown of the rules.
QSB Stock Gain Exclusion: Who Can Take Advantage and How to Do It
Originally, people considered QSB stock as offering marginal benefits. These stocks now offer opportunities for investors in startups and small businesses.
Claiming the Business Energy Credit for Using Alternative Energy
Wondering whether alternative energy technologies can help your business manage energy costs? Check out the business energy credit.
You Should Be Keeping Home Improvement Records
The gain from a home’s sale can be substantially higher than the allowable exclusion. Home improvement records can be beneficial and save on taxes.
More Relief from Failure-to-Deposit Employment Tax Penalties
An employer would typically be penalized for failing to deposit federal employment tax. Examples include deposits of withheld income taxes and FICA taxes.