Common IRS Audit Triggers for Small Businesses: How to Avoid Them
understanding the common triggers for an IRS audit and taking proactive steps can significantly reduce the likelihood of facing one.
The Risks and Dangers of Using a “Ghost” Preparer
As people begin to have their 2023 tax returns prepared, this is a reminder to avoid unethical “ghost” tax preparers.
Tax-Favored Qualified Small Business Corporation Status Could Help You Thrive
There are two strong incentives for eligible small businesses to operate as a special type of entity. Learn how a Qualified Small Business Corporation (QSBC) may work for your entity.
New Final Rule on Independent Contractors Takes Effect in March
Employers, have you heard the latest issued by the DOL on how to legally differentiate independent contractors from actual employees?
New For 2024: Business Beneficial Ownership Reporting
The passing of the Corporate Transparency Act (CTA) has introduced new Beneficial Ownership Information (BOI) reporting requirements for businesses.
Your Tax Documents Should Be Arriving Soon
Your tax documents should be arriving to you soon! Fiducial has the rundown of the most frequently used documents.
IRS Disallowing 20,000 Employee Retention Tax Credit (ERTC) Claims
In an ongoing effort to combat questionable Employee Retention Tax Credit (ERTC) claims, the IRS has sent more than 20,000 letters advising taxpayers that the agency is disallowing their claims.