Are You an American Living Abroad? Here Are Tips for Expats Filing Taxes cover

Are You an American Living Abroad? Here Are Tips for Expats Filing Taxes

Think that because you've moved out of the country, you don't have to pay taxes on money you earn? Not so. Expats need to continue filing taxes.
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Overlook Something on a Prior Tax Return? File an Amended Return cover

Overlook Something on a Prior Tax Return? File an Amended Return

Taxpayers sometimes overlook items of income on a tax return. It happens! Learn why it's so important to file an amended return.
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DOs and DON’Ts of Deducting Business Meal & Vehicle Expenses cover

DOs and DON’Ts of Deducting Business Meal & Vehicle Expenses

Claiming deductions for business meals or auto expenses? Expect the IRS to closely review them. Tax auditors root out inconsistencies, omissions, and errors.
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The IRS Issues Update to the Scams to Be Aware of for 2023 and Beyond cover

The IRS Issues Update to the Scams to Be Aware of for 2023 and Beyond

When it comes to income taxes, two things tend to be true every year. First, April will always roll around, and second, with tax season comes tax scams.
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4 Ways to Reasonable Compensation for Corporate Business Owners cover

4 Ways to Reasonable Compensation for Corporate Business Owners

There’s a tax advantage to taking money out of a C corp as compensation rather than dividends. But, only reasonable compensation can be deducted.
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Hiring Independent Contractors? Make Sure They’re Properly Handled cover

Hiring Independent Contractors? Make Sure They’re Properly Handled

Many businesses use independent contractors to help keep costs down. But be careful that these workers are properly classified for federal tax purposes.
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Do You Have a Mid-Year Tax Planning Checklist? Fiducial Does cover

Do You Have a Mid-Year Tax Planning Checklist? Fiducial Does

All too often, taxpayers wait until after the close of the tax year to worry about their taxes. But, mid-year is the perfect time for tax planning.
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Use the NOL Deduction to Make Business Losses Less Painful cover

Use the NOL Deduction to Make Business Losses Less Painful

Losses can happen in any business. The NOL deduction may soften the blow by allowing businesses to apply losses to offset taxable income in future years.
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