Were You the Victim of a Qualified Disaster? There Is Tax Relief Available

Were You the Victim of a Qualified Disaster? There Is Tax Relief Available

Often, legislation provides tax relief to the victims of a qualified disaster. Now, we have the Taxpayer Certainty and Disaster Tax Relief Act of 2020.
What Are the Tax Benefits and Drawbacks of Home Ownership?

What Are the Tax Benefits and Drawbacks of Home Ownership?

Housing is a big expense for everyone. Fiducial looks at the tax benefits and drawbacks of buying, financing, and owning a home.
Fiducial’s List of Tax Deductions You Can Take Without Itemizing

Fiducial’s List of Tax Deductions You Can Take Without Itemizing

Most taxpayers think they must itemize their tax deductions to claim them on their return. You can claim some deductions while using the standard deduction.
Interaction between PPP Loans and the Employee Retention Credit (ERC)

Interaction between PPP Loans and the Employee Retention Credit (ERC)

The Consolidated Appropriations Act (CCA) included a very tax-beneficial provision. This provision liberalized the interaction between PPP loans & the ERC.
IRS Offers New Identity Protection (IP PIN) for Taxpayers

IRS Offers New Identity Protection (IP PIN) for Taxpayers

The IP PIN is a six-digit code known only to the taxpayer and the IRS. It helps prevent identity thieves from filing fraudulent tax returns.
Standard Mileage Rates Announced for 2021. What Has Changed?

Standard Mileage Rates Announced for 2021. What Has Changed?

The IRS annually computes standard mileage rates for use of a vehicle for business, medical and moving purposes. New rates take effect on January 1, 2021.
New Year 2021 Creative Design Concept - 3D Rendered Image

2021 Penalties for Health Benefits and Other Employer Plans

The DOL announced the 2021 annual adjustments to civil monetary penalties for many benefits-related violations. Fiducial has the highlights!
Obscure and Overlooked Tax Deductions, Credits, and Benefits

Obscure and Overlooked Tax Deductions, Credits, and Benefits

Fiducial has a list of over 20 issues that can save you tax dollars! They range from obscure deductions to overlooked tax credits and benefits.