Taxes – Page 14 – Fiducial Blog

IRS Provides Employers Way to Withdraw Dubious ERC Claims

November 1, 2023

Many businesses have fallen victim to aggressive marketing of the ERC resulting in ineligible claims. The IRS is providing employers a way to withdraw those claims.

How IRS Auditors Learn About Your Business Industry

October 20, 2023

IRS examiners use publications called Audit Techniques Guides to prepare for audits in certain industries. Learn how you can those publications too.

Spouse-Run Businesses Face Special Tax Issues

October 13, 2023

Do you and your spouse together operate a profitable unincorporated small business? Here’s a look at some of the tax issues they may face.

Tax Filing Extension Deadline Is October 16, 2023

October 11, 2023

If you haven't filed your 2022 tax return and requested an extension, that extension expires on October 16th. Failure to file before this deadline can subject you to late-filing penalties.

What Types of Expenses Can’t Be Written Off by Your Business?

October 9, 2023

For business expenses to be deductible, expenses must be considered ordinary, necessary, and reasonable. Fiducial breaks down what is and isn't deductible.

Business Entity Types to Consider When Starting a Business

October 6, 2023

When you start a business, there are several possible business entity types you should consider. Each business entity choice has its own pros and cons.

The Partner Employee Issue

October 4, 2023

Have an employee partner problem? Tax regulations issued by the IRS take aim at the partner employee practice and are working to put a stop to it.

2023 Q4 Tax Calendar: Key Deadlines for Businesses and Other Employers

September 29, 2023

As the season changes, it’s time for businesses to start thinking about year-end tax strategies. It’s also a good time to think about the fourth quarter 2023 tax filing deadlines.