What Are My Chances of Being Audited and How Can I Reduce Them?

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

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

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.
Filing Status Changes May Bring Unwelcome Surprises

Filing Status Changes May Bring Unwelcome Surprises

Filing status changes because of a life event can have major ramifications. Marriage, divorce, separation or death of a spouse can change your tax status.
How Can I Prove Financial Hardship to the IRS If I Can't Pay My Taxes?

How Can I Prove Financial Hardship to the IRS If I Can't Pay My Taxes?

It’s that time of year again, and you may sincerely wonder how you will pay your tax bill, explore payment or alternative plans with the IRS.
Marriage and Taxes: How saying 'I Do' Changes Things

Marriage and Taxes: How saying 'I Do' Changes Things

Have you considered the ways marriage may affect your taxes? In this blog, Fiducial breaks down the pros and cons of filing status and more.

Tax Ramifications of Disposing of a Vehicle

If you are buying a new car, are you wondering what to do with…

Three Common Personal Income Tax Problems and How to Respond

Running into issues with the IRS is a year-round concern. No…