Depreciation

Coordinating SEC. 179 Tax Deductions With Bonus Depreciation

There’s more than one way for businesses to claim depreciation tax deductions. By combining them, you can get optimal tax-saving results.
Costs

Taking Your Spouse on a Business Trip? Can You Write off the Costs?

The rules for deducting a spouse’s travel costs are very restrictive for small business owners. Here’s a rundown of what businesses can and can’t write off for tax purposes.
tcja

Major Tax Sunset of TCJA Provisions on the Horizon

In late 2017, Congress passed the Tax Cuts & Jobs Act (TCJA) which made enormous changes to income tax laws. There is a major sunset of these provisions on the horizon.
9 Tax Considerations If You Are Starting A Business As A Sole Proprietor cover

9 Tax Considerations If You Are Starting A Business As A Sole Proprietor

Many new ventures start out as sole proprietorships. Read about the nine tax considerations if you’re operating a business that way.
A Company Car Is a Valuable Perk but Don’t Forget About Taxes cover

A Company Car Is a Valuable Perk but Don’t Forget About Taxes

For many key employees, the use of a company car is a cherished perk. But before you hand over the keys, make sure you understand the federal tax rules.
Obscure and Overlooked Tax Deductions, Credits, and Benefits cover

Obscure and Overlooked Tax Deductions, Credits, and Benefits

As tax time approaches, it's time to review tax credits and deductions available to you. Don't miss these overlooked tax credits and benefits this year.
Taxes and Holiday Gift Giving Guide cover

Taxes and Holiday Gift Giving Guide

The holiday season is customarily a time of giving gifts. Some gifts have tax implications and some can even provide tax benefits. Fiducial has your holiday gift-giving guide for this year.
A Cost Segregation Study May Cut Taxes and Boost Cash Flow cover

A Cost Segregation Study May Cut Taxes and Boost Cash Flow

Do you know what a cost segregation study is? If right for your business, it may help accelerate depreciation deductions on your enterprise's building.