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.
https://blog.fiducial.com/wp-content/uploads/2023/05/fiducial-blog-image-freelancing-5_7905a91e5cc92de4d6febe7999fe6459_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-05-17 13:00:562023-05-17 13:00:56The Tax and Bookkeeping Challenges of the Freelancing
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.
https://blog.fiducial.com/wp-content/uploads/2023/05/fiducial-blog-image-early-withdrawals-cover_a548e7266d8e7b9013a4ec2cd7ef067b_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-05-15 13:00:462023-05-15 13:00:46Looking for Quick Cash? Try to Avoid Retirement Early Withdrawals
https://blog.fiducial.com/wp-content/uploads/2023/05/fiducial-blog-image-underpayment-penalties-1_21f7235803eba41b53acb8c1550c8488_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-05-12 13:00:442023-05-12 13:00:44Don’t Get Hit with IRS Underpayment Penalties
https://blog.fiducial.com/wp-content/uploads/2023/05/FiducialBlogImage--ClosingYourBusiness_20fcca2bae366525665105c21755675e_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-05-10 13:00:332023-05-10 13:00:33Tax Obligations to Consider When Closing Your Business
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.
https://blog.fiducial.com/wp-content/uploads/2023/05/a-woman-holding-a-jar-with-savings-written-on-it_98a9fc1ec8b2f0044cfff5eae8e52e27_2000.jpg13342000Fiducial North Americahttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngFiducial North America2023-05-08 13:00:282023-05-08 13:00:28Retirement saving options for your small business: Keep it simple
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.
https://blog.fiducial.com/wp-content/uploads/2023/05/FiducialBlogImage--LLCOperatingAgreement_1a5661b4ffebf0c53739b895d1d27e0b_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-05-03 13:00:302023-05-03 13:00:30Is an LLC the Right Choice for Your Small Business?
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.
https://blog.fiducial.com/wp-content/uploads/2023/04/fiducial-blog-image-home-improvement_223ccdfdab012dd99d04f16974eb9648_2000.jpg788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2023-04-28 13:00:302023-04-28 13:00:30Should You Be Keeping Home Improvement Records?