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.
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!
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.
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.
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.
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?

Considering Married Filing Separately Status? Better Read This.

Married taxpayers have 2 options when filing their 1040 or 1040-SR taxes. Fiducial has some of the issues related to filing as married filing separately.
Tax Strategizing Now May Be Wise as New Tax Proposals Loom

Tax Strategizing Now May Be Wise as New Tax Proposals Loom

Fiducial has a list of potential tax strategies that may benefit you. Every taxpayer’s situation is unique; not all of these strategies will apply to you.