Fiducial Blog – Page 3

Divorcing Business Owners Should Pay Attention to the Tax Consequences

December 6, 2023

If you’re getting a divorce, you know the process is generally filled with stress. But if you’re a business owner, tax issues can complicate matters even more.

There Still May Be Time to Reduce Your Small Business 2023 Tax Bill

December 1, 2023

The holiday whirlwind has begun. There may be ways your small business can save on your 2023 tax bill. You must act fast to take advantage.

Choosing a business entity: Which way to go?

November 29, 2023

Choosing the best entity for your business is a multi-faceted decision. Here’s a look at some of the considerations.

Home Energy Audit Tax Benefits

November 27, 2023

Have you been thinking of making some home energy-saving improvements? You may qualify for some substantial income tax credits.

5 Ways Employers Can Better Manage Unemployment Taxes and Benefits

November 24, 2023

There may be ways to improve your management of FUTA taxes and provide unemployment benefits. Read more to find out how.

Business Automobiles: How the Tax Depreciation Rules Work

November 22, 2023

Complex calculations are involved in claiming depreciation deductions for the business use of a passenger automobile. Fiducial the basic rules you need to know.

The Social Security Wage Base for Employees and Self-Employed People Is Increasing in 2024

November 17, 2023

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase in 2024. Read more to learn about this update.

Fall Tax Planning For Small Businesses

November 15, 2023

Now that we’re entering the fall season, it’s a good time to start thinking about year-end tax planning for your small business.

New Per Diem Business Travel Rates Kicked In on October 1

November 13, 2023

The IRS recently announced the special “per diem” rates that became effective Oct. 1, 2023. Read more to find out the basics of these new rates.

How Do You Qualify for Innocent Spouse Relief from IRS Tax Problems?

November 10, 2023

Are you a spouse and were unaware of potential errors or underreporting on your tax return? You may be eligible for innocent spouse relief.

New Business Start-up Costs

November 8, 2023

Start-up costs are one of the first considerations when starting a new business. You can identify and address these costs in a solid business plan.

Electric Vehicle Charging Taxes: A State-By-State Overview

November 3, 2023

The electric and hydrogen vehicle revolution is well underway and every state is dealing with taxes differently. Fiducial has the information you need here.

IRS Provides Employers Way to Withdraw Dubious ERC Claims

November 1, 2023

Many businesses have fallen victim to aggressive marketing of the ERC resulting in ineligible claims. The IRS is providing employers a way to withdraw those claims.