What Are the Tax Implications of Buying or Selling a Business?
If you are considering buying or selling another business, it’s important to understand the tax implications. So, here are Fiducial’s best tips!
Unemployment Fraud Creates Tax Stress for Unsuspecting Taxpayers
Improper unemployment payments cost the US $36 to $63 billion in 2020.The improper payments are a result of unemployment fraud.
Mark Your Calendar! April 2021 Individual and Business Tax Due Dates
April is a big month for tax due dates! The deadline to file has been extended to May 17th, but there are still some taxes due in April. Mark your calendar!
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?
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
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)
The Consolidated Appropriations Act (CCA) included a very tax-beneficial provision. This provision liberalized the interaction between PPP loans & the ERC.