Subscribe To Our Newsletter

Join now to stay up to date with the latest from the Fiducial blog!

By submitting this form, you are consenting to receive marketing emails from: Fiducial Blog. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Categories

Archives

Hit With a Tax Penalty? Here Are a Few to Watch Out For

Hit With a Tax Penalty? Here Are a Few to Watch Out For

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.
Read more
Corporations: Do You Really Want to Pay Those Dividends?

Corporations: Do You Really Want to Pay Those Dividends?

If you invest in stocks, you probably look forward to receiving dividends. But not everybody is a fan of these additional payments.
Read more
Learn How to Avoid Costly IRS Underpayment Penalties

Learn How to Avoid Costly IRS Underpayment Penalties

Underpayment penalties can become expensive and should be avoided. In this article, Fiducial offers information to stave off underpayment penalties!
Read more
What You Need to Know About the IRS and Tax Audits

What You Need to Know About the IRS and Tax Audits

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

Tax Considerations for Launching a Small Business as a Sole Proprietor

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

Need a New Business Vehicle? Consider a Heavy SUV

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

End of Year Is Almost Here! Are You a Candidate for Bunching?

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

10 Tax Strategies to Consider Before the End of 2021

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.
Read more
5 Ways to Strengthen the Relationship Between Leadership and Staff

5 Ways to Strengthen the Relationship Between Leadership and Staff

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

Possible Tax Consequences of Guaranteeing a Loan to Your Corporation

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.
Read more
Household Employee or Contractor? Fiducial Explains the Difference

Household Employee or Contractor? Fiducial Explains the Difference

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?
Read more
IRS Information Letters Share Helpful Details on HDHPs + HSAs

IRS Information Letters Share Helpful Details on HDHPs + HSAs

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.
Read more
Should You Deduct Your Business Start-Up Expenses?

Should You Deduct Your Business Start-Up Expenses?

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

Form W-2 or 1099-NEC? Employees vs. Independent Contractors

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?
Read more

The Work Opportunity Tax Credit (WOTC) Explained

You may be able to claim a Work Opportunity Tax Credit (WOTC). This is an income tax credit, unlike pandemic-related credits on employment taxes.
Read more

EINs: Change Contact and Responsible Party Information in 60 Days

The IRS is reminding entities with EINs to update information. IRS regulations require EIN holders to update responsible party information within 60 days.
Read more