Tax Problems – Page 9 – Fiducial Blog

Don't Be A Victim to IRS-Impersonating Scammers

June 30, 2021

Scammers use taxpayers’ fear of the IRS to ply their scams. They try to trick you into divulging your SSN, DOB, and other personal data to scam the IRS.

The US Loses Out On $1 Trillion a Year Due to Tax Evasion, IRS Estimates

June 25, 2021

IRS Commissioner Rettig says the US may be losing up to $1 trillion/year in evaded taxes. He listed many tax evasion techniques they had not been aware of.

Made a Mistake on Your Tax Return - What Happens Now?

June 21, 2021

Generally speaking, tax return mistakes are more common than you probably realize. Taxes have grown complicated and COVID tax relief has made many changes.

More Relief from Failure-to-Deposit Employment Tax Penalties

May 28, 2021

An employer would typically be penalized for failing to deposit federal employment tax. Examples include deposits of withheld income taxes and FICA taxes.

Do You Owe Taxes and Can't Pay by the Due Date?

May 17, 2021

What do you do if you end up owing money on your taxes? The IRS encourages you to pay the full amount by imposin penalties and interest on late payments.

New Year 2021 Creative Design Concept - 3D Rendered Image

2021 Penalties for Health Benefits and Other Employer Plans

March 15, 2021

The DOL announced the 2021 annual adjustments to civil monetary penalties for many benefits-related violations. Fiducial has the highlights!

Beware: These Tax Return Red Flags Could Trigger an Audit by the IRS

March 5, 2021

Taxpayers can avoid audits if they know the specific red flags that trigger them. Fiducial can help! Here's our list of red flags that lead to an audit!

How to Address Rising Tax Problems During COVID-19

February 26, 2021

The COVID-19 pandemic will have tax implications many have not considered. This may mean paying additional income taxes that they had not planned.