Unable to Pay Your Taxes? Due Date Extended Because of COVID-19
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
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?
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.
Using an S Corporation May Help Business Owners Reduce Tax
Is your business a sole proprietorship or an LLC? Are you paying both income tax and self-employment tax? You may cut your taxes by using an S corporation.
What Are My Chances of Being Audited and How Can I Reduce Them?
Your chances of being audited are pretty rare. Fewer than 1% of taxpayers will get that notice on IRS letterhead. Here are some tips to lower your chances.
Unexpected Tax Bill? Fiducial Budget Tips Can Help You Cover It
When you’re hit with a large, unexpected tax bill, it can be shattering. People who owe significant amounts of money have several options available to them.
Wayfair Revisited — It’s Time to Review Your Sales Tax Obligations
A state is constitutionally prohibited from taxing business activities unless those activities have a substantial “nexus,” or connection, with the state.