Tax Problems – Page 4 – Fiducial Blog

Use the NOL Deduction to Make Business Losses Less Painful

May 19, 2023

Losses can happen in any business. The NOL deduction may soften the blow by allowing businesses to apply losses to offset taxable income in future years.

The Tax and Bookkeeping Challenges of the Freelancing

May 17, 2023

It seems like more and more employees are turning to freelance work. According to one recent study, there are now 73.3 million people freelancing in the US.

Don’t Get Hit with IRS Underpayment Penalties

May 12, 2023

Under federal law, taxpayers must pay taxes during the year as they earn or receive income. If not, they can incur substantial underpayment penalties.

Tax Obligations to Consider When Closing Your Business

May 10, 2023

If you are closing your business, Fiducial can assist you. This includes taking care of the various tax responsibilities that must be met.

Don't Ignore Household Employee Payroll Tax Rules

May 5, 2023

If a domestic worker provides services in/around your home, a tax liability may exist. If the worker is your household employee, you need to know.

Missed Filing Tax Returns for Multiple Years?

April 5, 2023

Few people actually enjoy the process of filing tax returns. Having said that, you have no choice - you must do so like clockwork every single year

Can’t Pay Your Taxes? Here Are Some Payment Options

April 3, 2023

There are those who for one reason or another end up owing on their taxes. Of those who owe, many can’t pay their taxes by the return due date (April 18).

The Tax Filing Deadline Is Drawing Near

March 29, 2023

Filed your 2022 tax returns? April 18 is the tax-filing deadline. Make sure to file your return or file for an automatic extension by this date.