Taxes – Page 32 – Fiducial Blog

How Can a Nonworking Spouse Qualify for a Spousal IRA?

March 23, 2022

Generally, only taxpayers who have compensation may make contributions to IRAs.The spousal IRA is the exception to this rule.

Costs for Medically-Related Home Improvements Have Tax Benefits

March 19, 2022

Ten thousand baby boomers a day are reaching the age of 65. As this population ages, many people require medically-related home improvements.

Important Tax Aspects of Operating Your Business as a Sole Proprietor

March 16, 2022

Are you in business for yourself as a sole proprietor, or you’re planning to start a business? Then you need to know about the tax aspects of your venture.

Strategic Preparation is Key to Selling Your Company

March 14, 2022

Many people dream of starting their own company. Few realize that selling your company requires almost the same amount of effort and planning.

What’s Next for the Child Tax Credit? Families Want to Know

March 7, 2022

December 15th marked the last deposit for the child tax credit payment under the ARP. Many families have been left waiting and wondering what's next.

Important Enhancements to the Earned Income Tax Credit (EITC) for 2021

March 4, 2022

The earned income tax credit (EITC) is one of the government’s largest antipoverty programs. Significant enhancements have been added - don't miss out!

Considering Married Filing Separately Status? Better Read This.

March 2, 2022

Married taxpayers have 2 options when filing their 1040 or 1040-SR taxes. Fiducial has some of the issues related to filing as married filing separately.

Tax Benefits You Need to Know About When Saving for College Education

February 28, 2022

Looking to save for a child’s college or other post-secondary education? Fiducial knows all of the tax benefits of saving for college.