Taxes – Page 42 – Fiducial Blog

Tax Depreciation Rules for Business Automobiles

October 8, 2021

If you use an automobile in your trade or business, you may wonder how depreciation tax deductions are determined. The rules are complicated.

Were You Affected by a Disaster Loss? You Need These Tax Tips

October 6, 2021

Those in disaster areas are eligible for a variety of tax benefits. If you suffered a disaster loss, read on for important tax-related information.

October Extended Due Date Just Around the Corner

October 4, 2021

October 15 is the extended due date for filing federal individual tax returns for 2020. Failure to file before that date may incur late-filing penalties.

Recordkeeping Tips Business Owners Should Know to Keep the IRS Away

October 1, 2021

Want to avoid making errors in your recordkeeping? Then, you need to know the most commonly encountered pitfalls. Here are Fiducial’s most helpful tips.

Getting a Divorce? Be Aware of Tax Implications If You Own a Business

September 29, 2021

If you’re a business owner and you're getting a divorce, tax issues can complicate matters. The best thing you can do to avoid surprises is plan ahead.

Should You Opt Out of the Advance Child Tax Credit?

September 27, 2021

Have children under the age of 18? By now, you likely have received your first advance child tax credit payment, either by check or by direct deposit.

Is an S Corporation the Best Choice of Entity for Your Business?

September 20, 2021

Thinking about starting a business with partners? Not sure what type of entity to form? An S corporation could be the best form of business for you.

Can Employees “Cash-Out” Their Transportation Fringe Benefits?

September 17, 2021

Not everyone will be heading back to the office post-pandemic. Among many issues raised by this development is the impact on transportation fringe benefits.