Complications to the Qualified Charitable Distribution (QCD) Provision

Complications to the Qualified Charitable Distribution (QCD) Provision

The tax code includes a provision called a Qualified Charitable Distribution (QCD). This allows retirees to make contributions for significant tax benefits.
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Hit With a Tax Penalty? Here Are a Few to Watch Out For

Hit With a Tax Penalty? Here Are a Few to Watch Out For

Most taxpayers don’t intentionally incur a tax penalty. Fiducial looks at some of the more commonly encountered penalties and how they may be avoided.
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Learn How to Avoid Costly IRS Underpayment Penalties

Learn How to Avoid Costly IRS Underpayment Penalties

Underpayment penalties can become expensive and should be avoided. In this article, Fiducial offers information to stave off underpayment penalties!
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What You Need to Know About the IRS and Tax Audits

What You Need to Know About the IRS and Tax Audits

Tax audits involve complexities as well as overwhelming stress and emotions. Even highly capable people find themselves feeling defenseless and intimidated.
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Possible Tax Consequences of Guaranteeing a Loan to Your Corporation

Possible Tax Consequences of Guaranteeing a Loan to Your Corporation

If your corporation defaults on a loan that you guarantee, you don’t want to be blindsided by the tax implications. Here is what you need to know.
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Tax Strategizing Now May Be Wise as New Tax Proposals Loom

Tax Strategizing Now May Be Wise as New Tax Proposals Loom

Fiducial has a list of potential tax strategies that may benefit you. Every taxpayer’s situation is unique; not all of these strategies will apply to you.
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Surviving a Business Audit with Audit Techniques Guides (ATGs)

Surviving a Business Audit with Audit Techniques Guides (ATGs)

To prepare for a business audit, the IRS researches the industry & issues on the taxpayer’s return. Examiners may use IRS “Audit Techniques Guides (ATGs).”
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The IRS Backlog Is Causing Taxpayer Heartburn

The IRS Backlog Is Causing Taxpayer Heartburn

COVID-19 brought about a perfect storm of delays for the IRS. It has been a rough couple of years, and it is taking a long time for them to catch up.
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