Taxes – Page 14 – Fiducial Blog

Starting a Business? How Expenses Will Be Treated On Your Tax Return

July 10, 2023

Launching a business and wondering how expenses are handled on a federal tax return? Fiducial has the answers.

Traveling for Business This Summer? Here’s What You Can Deduct

July 5, 2023

Traveling for business this summer? Under tax law, to claim deductions, you must meet certain requirements when traveling for business within the US.

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

June 30, 2023

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.

Reconstructing Individual Financial and Tax Records

June 28, 2023

Hurricanes, fires, floods, tornadoes, and other unanticipated events can all destroy tax records. Fiducial has tips to reconstruct lost financial records.

Should You Reimburse Employees for Moving Expenses?

June 26, 2023

Considering reimbursing new hires for moving expenses or existing employees for relocation costs? Learn about the applicable tax rules first.

The benefits of Qualified Opportunity Funds are Waning

June 23, 2023

What are Qualified Opportunity Funds? They are investment vehicles organized as a corporation/partnership to invest in qualified opportunity zone property.

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

June 21, 2023

Taxpayers sometimes overlook items of income on a tax return. It happens! Learn why it's so important to file an amended return.

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

June 19, 2023

Claiming deductions for business meals or auto expenses? Expect the IRS to closely review them. Tax auditors root out inconsistencies, omissions, and errors.