Tax Problems – Fiducial Blog

Good Records Key to Tax Deductions and Trouble-free IRS Audits

August 12, 2020

You should record expenses to claim the full amount of tax deductions you’re owed. Also, make sure you can defend your tax returns if audited by the IRS.

Steer clear of the Trust Fund Recovery Penalty

July 27, 2020

If you own or manage a business with employees, you may be at risk for a severe tax penalty. It’s called the “Trust Fund Recovery Penalty.”

Tax Due Dates for Businesses and Individuals in July 2020

July 1, 2020

July is a busy month for taxes in 2020! The IRS extended many tax due dates from April 15th to July 15th. So, this is the month when many taxes are due..

Have an Amended Tax Return or Tax Liability? Don’t Wait to Repay

June 17, 2020

Hoping to get a refund from a previous year’s amended tax return? Have a tax liability? Then, listen up! Fiducial has some info for you.

Small Business COVID-19 Resources (PPP, SBA Loans, Tax Updates, and More)

April 27, 2020

To keep you up to date and manage your business during this time, Fiducial has created the Coronavirus COVID-19 Update Center to help manage your business.

Unable to Pay Your Taxes? Due Date Extended Because of COVID-19

April 10, 2020

If you are currently unable to pay your taxes, the payment extension of July 15 due to COVID-19 may help. If you are still unable to pay, you have choices.

Fiducial's Small Business COVID-19 Resources

March 23, 2020

Fiducial understands that the current COVID-19 situation is an unprecedented and difficult time to navigate as a small business. Fiducial is providing the following resources to help guide you, content will be updated and added to these sites as it becomes available.

What is an IRS Penalty Abatement and Am I Eligible for One?

March 9, 2020

Several types of IRS penalties can be assessed against you. But the IRS can issue a penalty abatement if you think you’ve been wrongly penalized.