Tax Central – Page 2 – Fiducial Blog

Does a Foreign Entity Need a U.S. Identification Number (EIN)?

March 29, 2024

It is mandatory for foreign entities that are conducting business in the United States to have an Employer Identification Number. Learn more on how to obtain an EIN.

Understanding Self-Employment Tax

March 22, 2024

Self-employment (SE) tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves. Read more to learn.

8 Steps to Avoid Common Tax and Accounting Mistakes

March 20, 2024

Learn the eight common tax and accounting mistakes. As well as insights into why they occur and offering detailed strategies to prevent them.

Navigating the Tax Implications of Remote Work for SMBs: A Comprehensive Guide

March 7, 2024

Understanding the tax nexus associated with remote work is one of the most significant challenges for many business owners.

Common IRS Audit Triggers for Small Businesses: How to Avoid Them

February 22, 2024

understanding the common triggers for an IRS audit and taking proactive steps can significantly reduce the likelihood of facing one.

The Risks and Dangers of Using a “Ghost” Preparer

February 19, 2024

As people begin to have their 2023 tax returns prepared, this is a reminder to avoid unethical “ghost” tax preparers.

Tax-Favored Qualified Small Business Corporation Status Could Help You Thrive

February 16, 2024

There are two strong incentives for eligible small businesses to operate as a special type of entity. Learn how a Qualified Small Business Corporation (QSBC) may work for your entity.

Your Tax Documents Should Be Arriving Soon

February 7, 2024

Your tax documents should be arriving to you soon! Fiducial has the rundown of the most frequently used documents.