The Tax and Bookkeeping Challenges of the Freelancing cover

The Tax and Bookkeeping Challenges of the Freelancing

It seems like more and more employees are turning to freelance work. According to one recent study, there are now 73.3 million people freelancing in the US.
Looking for Quick Cash? Try to Avoid Retirement Early Withdrawals cover

Looking for Quick Cash? Try to Avoid Retirement Early Withdrawals

Are You looking for quick cash? Your retirement savings may look tempting. However, early withdrawals can mean paying income tax and a 10% early-distribution tax.
Don’t Get Hit with IRS Underpayment Penalties cover

Don’t Get Hit with IRS Underpayment Penalties

Under federal law, taxpayers must pay taxes during the year as they earn or receive income. If not, they can incur substantial underpayment penalties.
Tax Obligations to Consider When Closing Your Business cover

Tax Obligations to Consider When Closing Your Business

If you are closing your business, Fiducial can assist you. This includes taking care of the various tax responsibilities that must be met.
Retirement saving options for your small business: Keep it simple cover

Retirement saving options for your small business: Keep it simple

You may be reluctant to set up a retirement plan for your small business due to administrative burdens. Here are two options to consider with fewer requirements than traditional qualified retirement plans.
Don't Ignore Household Employee Payroll Tax Rules cover

Don't Ignore Household Employee Payroll Tax Rules

If a domestic worker provides services in/around your home, a tax liability may exist. If the worker is your household employee, you need to know.
Is an LLC the Right Choice for Your Small Business? cover

Is an LLC the Right Choice for Your Small Business?

Is your small business a sole proprietorship? Do you want to form an LLC? Learn the basic information and tax perks you need to know to operate an LLC.
Should You Be Keeping Home Improvement Records? cover

Should You Be Keeping Home Improvement Records?

Many taxpayers don’t keep home improvement records. However, records are important if you want to take advantage of the tax code’s exclusion for home gains.