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Many Factors Are Involved When Choosing a Business Entity

Many Factors Are Involved When Choosing a Bus...

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

Understanding the Taxation of Cryptocurrency ...

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

Hit With a Tax Penalty? Here Are a Few to Wat...

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?

Corporations: Do You Really Want to Pay Those...

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

Learn How to Avoid Costly IRS Underpayment Pe...

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

What You Need to Know About the IRS and Tax A...

Tax audits involve complexities as well as overwhelming stress and emotions. Even highly capable people find themselves feeling defenseless and intimidated.
Tax Considerations for Launching a Small Business as a Sole Proprietor

Tax Considerations for Launching a Small Busi...

Many entrepreneurs begin operating as sole proprietors. Fiducial has some tax rules and considerations for operating your business as a sole proprietor.
Need a New Business Vehicle? Consider a Heavy SUV

Need a New Business Vehicle? Consider a Heavy...

Considering buying or replacing a vehicle for use in your business? If you choose an SUV, you may benefit from lucrative tax rules.
End of Year Is Almost Here! Are You a Candidate for Bunching?

End of Year Is Almost Here! Are You a Candida...

Are your itemized deductions typically roughly equal to the standard deduction amount? Then you may be a good candidate for using the bunching strategy.
10 Tax Strategies to Consider Before the End of 2021

10 Tax Strategies to Consider Before the End ...

The holiday season is almost upon us, and the 2021 tax preparation season will soon follow. Now is the time to take advantage tax-saving strategies.
5 Ways to Strengthen the Relationship Between Leadership and Staff

5 Ways to Strengthen the Relationship Between...

Every employer needs to establish a strong connection between leadership and staff. Fiducial has five ways to strengthen the bond between leaders and staff.
Possible Tax Consequences of Guaranteeing a Loan to Your Corporation

Possible Tax Consequences of Guaranteeing a L...

If your corporation defaults on a loan that you guarantee, you don’t want to be blindsided by the tax implications. Here is what you need to know.
Household Employee or Contractor? Fiducial Explains the Difference

Household Employee or Contractor? Fiducial Ex...

The IRS requires employers to withhold taxes for employees and issue them W-2s. So, what is the difference between a household employee and a contractor?
IRS Information Letters Share Helpful Details on HDHPs + HSAs

IRS Information Letters Share Helpful Details...

Does your organization offer employees an HDHP and an HSA? If so, two recent IRS information letters provide insight into some finer points of plan administration.
Should You Deduct Your Business Start-Up Expenses?

Should You Deduct Your Business Start-Up Expe...

Are you a new business owner? You may be helped by a tax provision allowing you to deduct start-up expenses and organizational costs.
Form W-2 or 1099-NEC? Employees vs. Independent Contractors

Form W-2 or 1099-NEC? Employees vs. Independe...

You’ll need to decide whether to use a W-2 or a 1099-NEC to report each worker's wages. How you categorize the relationship between a worker and a business?