Employers Should Be Wary of ERC Claims That Are Too Good to Be True cover

Employers Should Be Wary of ERC Claims That Are Too Good to Be True

The ERC was a tax credit for employers that kept workers on staff during the pandemic. It is no longer available, but eligible employers can still claim it.
The IRS Achieves a 99% Conviction Rate - Say No to Tax Evasion cover

The IRS Achieves a 99% Conviction Rate - Say No to Tax Evasion

The IRS recently came out with its annual Enforcement Report. If you've ever considered tax evasion, the numbers are very firmly against you.
The IRS Plans on Targeting Abusive ERTC Claims cover

The IRS Plans on Targeting Abusive ERTC Claims

The ERTC provides refundable tax credits to employers that kept workers on payroll during the pandemic. This is a credit against the employer payroll taxes.
Tax Planning Issues You Should Consider at Year-End cover

Tax Planning Issues You Should Consider at Year-End

Year-end is approaching as are the holidays. Before the seasonal celebrations, consider year-end tax planning moves to benefit you for both 2022 and 2023.
Why You May Receive an IRS Form 1099-K This Year

Why You May Receive an IRS Form 1099-K This Year

Effective for 2022 and beyond, Congress reduced the threshold for the Form 1099-K filing requirement. Fiducial explores the ways taxpayers can be affected.
Worried About an IRS Audit? Advanced Preparation is Key

Worried About an IRS Audit? Advanced Preparation is Key

IRS audit rates are historically low, but that’s little consolation if your return is chosen. With proper preparation and planning, you should fare well.
The Opposite Approach: Accelerate Taxable Income and Defer Deductions

The Opposite Approach: Accelerate Taxable Income and Defer Deductions

Typically, businesses want to delay recognition of taxable income. They also want to accelerate deductions. But when is it prudent to do the opposite?
Understanding What Innocent Spouse Relief Is, and Whether You Need It

Understanding What Innocent Spouse Relief Is, and Whether You Need It

What happens if your spouse is a tax cheat, and you unknowingly signed a joint tax return. Are you responsible or can you receive innocent spouse relief?