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.
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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.
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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.
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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.
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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!
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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.
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Many Tax Amounts Affecting Businesses Have Increased for 2021

Many Tax Amounts Affecting Businesses Have Increased for 2021

Tax-related limits that affect businesses are annually indexed for inflation. Here’s Fiducial’s list of some important changes for your business for 2021.
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Work Opportunity Tax Credit (WOTC) Extended Through 2025

Work Opportunity Tax Credit (WOTC) Extended Through 2025

Are you a business owner thinking about hiring? Be aware that a recent law extended a credit (WOTC) for hiring individuals from one or more targeted groups.
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