Taxes – Page 38 – Fiducial Blog

Retroactive Termination of the Employee Retention Credit

January 14, 2022

Did you claim the employee retention credit in the Q4 2021? Congress has adopted a retroactive change affecting the ERC for the Q4 2021.

The Standard Business Mileage Rate Increased for 2022!

January 12, 2022

The standard business mileage rate went up! The rate used to calculate the deductible cost of operating an automobile for business grew by 2.5 cents/mile.

Many Factors Are Involved When Choosing a Business Entity

January 10, 2022

Are you planning to launch a business or thinking about changing your business entity? If so, you need to determine which entity will work best for you.

Understanding the Taxation of Cryptocurrency Transactions

January 7, 2022

Ever purchased, owned, sold, gifted, made purchases with, or used cryptocurrency in business transactions? Then there are tax issues you need to know about.

Hit With a Tax Penalty? Here Are a Few to Watch Out For

January 5, 2022

Most taxpayers don’t intentionally incur a tax penalty. Fiducial looks at some of the more commonly encountered penalties and how they may be avoided.

Corporations: Do You Really Want to Pay Those Dividends?

January 3, 2022

If you invest in stocks, you probably look forward to receiving dividends. But not everybody is a fan of these additional payments.

Learn How to Avoid Costly IRS Underpayment Penalties

December 31, 2021

Underpayment penalties can become expensive and should be avoided. In this article, Fiducial offers information to stave off underpayment penalties!

What You Need to Know About the IRS and Tax Audits

December 29, 2021

Tax audits involve complexities as well as overwhelming stress and emotions. Even highly capable people find themselves feeling defenseless and intimidated.