Common IRS Audit Triggers for Small Businesses: How to Avoid Them
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
As people begin to have their 2023 tax returns prepared, this is a reminder to avoid unethical “ghost” tax preparers.
IRS Disallowing 20,000 Employee Retention Tax Credit (ERTC) Claims
In an ongoing effort to combat questionable Employee Retention Tax Credit (ERTC) claims, the IRS has sent more than 20,000 letters advising taxpayers that the agency is disallowing their claims.
IRS Restarts Collection Notices But Adds Penalty Relief
Explore the latest IRS penalty relief measures, offering a lifeline to millions facing back taxes. Fiducial has the details you need to know.
Divorcing Business Owners Should Pay Attention to the Tax Consequences
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.
How Do You Qualify for Innocent Spouse Relief from IRS Tax Problems?
Are you a spouse and were unaware of potential errors or underreporting on your tax return? You may be eligible for innocent spouse relief.
The Partner Employee Issue
Have an employee partner problem? Tax regulations issued by the IRS take aim at the partner employee practice and are working to put a stop to it.