Disabled taxpayers and parents of disabled children may qualify for tax credits and other tax benefits. Several tax credits and other benefits may help you.
https://blog.fiducial.com/wp-content/uploads/2022/02/FiducialBlogImage--AdvanceChildTaxCredit2_dc6a8ae4cf1172a82f3aee2a1c4e3ed0_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-02-18 14:00:482022-02-18 14:00:48Advance Child Tax Credit and EIP Must Be Reconciled on 2021 Return
Entrepreneurs are often unaware that many start-up expenses can’t be deducted right away. The way you handle initial expenses can affect your tax bill.
All businesses need to keep records of income and expenses. Carefully record expenses in order to claim all of the tax deductions to which you’re entitled.
https://blog.fiducial.com/wp-content/uploads/2022/02/FiducialBlogImage--KeepingMeticulousRecords_71418668a7279d245ae255189dad1b0e_2000.jpg292560Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-02-09 14:00:342022-02-09 14:00:34Meticulous Records Are Key to Tax Deductions and Painless IRS Audits
Many tax limits that affect businesses are annually indexed for inflation. Fiducial has a rundown of those that may be important to you and your business.
https://blog.fiducial.com/wp-content/uploads/2022/02/FiducialBlogImage--IRSAudits_9ffd6d848f995a4f5b3cfc9fb8838887_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-02-04 14:00:352022-02-04 14:00:35The IRS May Get a Big Budget Increase. Will It Impact the Rate of Audits?
The tax code includes a provision called a Qualified Charitable Distribution (QCD). This allows retirees to make contributions for significant tax benefits.
https://blog.fiducial.com/wp-content/uploads/2022/02/FiducialBlogImage--QCD_58b6b4bcdd8eca30a44b4c3d69c88bde_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-02-02 14:00:392022-02-02 14:00:39Complications to the Qualified Charitable Distribution (QCD) Provision
The IRS has been engaged in a virtual currency compliance campaign for 3 years. The campaign addresses tax noncompliance related to cryptocurrency use.
https://blog.fiducial.com/wp-content/uploads/2022/01/FiducialBlogImage--Cryptocurrency21_24e1db4e5b6cb3e22346a168e8f0fd88_2000.png788940Kelly Cockerhamhttps://blog.fiducial.com/wp-content/uploads/2024/02/Fiducial-logo-horizontal-black-300x51.pngKelly Cockerham2022-01-31 14:00:352022-01-31 14:00:35Reporting Requirement for Cryptocurrency Added by Infrastructure Bill