by Bob Jablonsky EA | Aug 2, 2021 | Dallas TX, IRS Audit, IRS Notices, IRS Problems, Real Estate Agents, Real Estate Agents Tax Deductions, Uncategorized
In a previous blog, I mentioned that as a Real Estate Professional, you file Schedule C, the Tax Form that is the form most audited by the IRS. The IRS has found that Schedule C’s contain a large number of errors compared to other forms and finds that they are...
by Bob Jablonsky EA | Jul 19, 2021 | CSED, Dallas TX, IRS Debt Relief, IRS Problems, Uncategorized
Many taxpayers who owe the IRS believe that they will owe the government forever. However, that’s not true. The IRS only has 10 years to collect a tax debt once the tax is assessed, assuming that there are no actions taken by the taxpayer to stop...
by Bob Jablonsky EA | Jul 6, 2021 | Dallas TX, IRS Audit, Realtors, Uncategorized
As a Real Estate Professional, did you realize that you are required to complete a Tax Form that is the form most audited by the IRS? That’s right, as independent contractors, most Real Estate Agents file a Form Schedule C. The IRS has found that...
by Bob Jablonsky EA | Jun 21, 2021 | Dallas TX, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Problems, IRS Tax Lien, Plano TX, Uncategorized
When a Taxpayer owes the IRS, one of IRS’s most powerful tools is the Notice of Federal Tax Lien (NFTL). In this article, we’ll discuss some actions you as a taxpayer can take if the IRS is threatening you with an NFTL. Six Options for a Taxpayer under...
by Bob Jablonsky EA | May 17, 2021 | Dallas TX, IRS Penalties, IRS Problems, Small Business Tax Tips, Substitute For Return, Uncategorized
Every year, millions of taxpayers don’t file their Federal income tax return on time even though its rarely a good idea. Why does that happen and what are the consequences of not filing a tax return? Why don’t Taxpayers file timely? There are a number of reasons...
by Bob Jablonsky, EA | Mar 18, 2021 | Dallas TX, Real Estate Agents, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Realtors, Uncategorized
A question that comes up from my Realtor clients along with many other small business owners, is can I deduct my Home Office costs. This has become even more of an issue due to COVID as more and more of us work out of our homes. Today we’ll touch on when...
