Fiducial Blog – Page 27

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.

Tax breaks to consider during National Small Business Week

September 15, 2021

Before Dec. 31, you may want to make some tax moves to save on 2021 taxes. Here are a few strategies.

The Tax Implications if Your Business Engages in Environmental Cleanup

September 15, 2021

If your company faces the need to “remediate” or clean up environmental contamination, take a breath—all is not lost! Unexpected expenses are always worrisome, but there are ways to mitigate those losses.

What's a Reasonable Salary for a Corporate Business Owner?

September 13, 2021

Own an incorporated business? There’s a tax advantage to taking money out of a C corporation as salary, not dividends. But it must be a reasonable salary.

Identity Theft Alert: Don't Be Duped by Clever Scammers

September 10, 2021

At Fiducial, we see the results of identity theft and scammers every day. We can spot a scam coming and we want to help you recognize them too.

Is Your Small Business as Profitable as It Can Be?

September 8, 2021

If your company looks profitable on the surface, that doesn't mean this is the case. There are many ways your SMB might not be as profitable as it could be.

Deductibility of Corporate Expenses Covered by Officers or Shareholders

September 6, 2021

Do you play a major role in a closely held corporation?Do you sometimes spend money on corporate expenses personally? Here's what you need to know.

Large Business Cash Transactions Must File Form 8300

September 3, 2021

Does your business receive large amounts of cash or cash equivalents? Then, you may have to report these transactions to the IRS on Form 8300.

12 Financial Metrics Small Business Owners Should Track

September 1, 2021

Know which numbers are important to your business's health.assessment and your decisions. Fiducial has a list of the 12 most important financial metrics.

Getting a Divorce? Learn How It Will Impact Your Taxes

August 30, 2021

Getting divorced? Significant tax issues are coming your way. Find out what you need to know with Fiducial's guide to divorce and taxes!

The Treasury Green Book of Biden-Proposed Tax Changes

August 27, 2021

The U.S. Treasury has released the Biden administration’s 2022 Fiscal Year Budget. We commonly refer to the publication as the Green Book.

Gift and Estate Taxes: Fiducial Lays Out Everything You Need to Know

August 25, 2021

The more you know about gift and estate taxes, the better prepared you are to plan for the future. Fiducial has a primer on the subject to get you started.