by Bob Jablonsky | Dec 16, 2019 | Audit Reconsideration, CP2000 Notice, Dallas TX, DATLOIC, Doubt as to Liability Offer In Compromise, Frisco Tx, Garland TX, Installment Agreements, IRS Assessed Tax, IRS Audit, IRS Bank Levy, IRS Collection, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, NFTL, Offer-In-Compromise, Plano TX, Richardson TX, Tax, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
When taxpayer’s come into our Richardson, TX tax office with what they believe is an erroneous tax assessment by the IRS, two options that we commonly use to challenge the underlying tax are Audit Reconsideration and a Doubt-as-to-Liability Offer-In-Compromise. There...
by Bob Jablonsky | Dec 12, 2019 | Dallas TX, DATLOIC, Doubt as to Liability Offer In Compromise, Frisco Tx, Garland TX, Installment Agreements, IRS Assessed Tax, IRS Audit, IRS Bank Levy, IRS Collection, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, NFTL, Plano TX, Richardson TX, SFR, TAS, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution, Taxpayers Advocate Services
The Taxpayer Advocate Service (TAS) is and independent organization within the IRS that was set up for the purpose to act as a voice for taxpayers. While the existence of the TAS is not known by most taxpayers, it can be effective means of helping both businesses...
by Bob Jablonsky | Dec 9, 2019 | Dallas TX, Frisco Tx, Garland TX, Installment Agreements, IRS Bank Levy, IRS Collection, IRS Debt Relief, IRS Debt Settlement, IRS Penalties, IRS Problems, IRS Tax Lien, NFTL, Offer-In-Compromise, Plano TX, Richardson TX, Small Business, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
Many of the Taxpayer’s coming into our Richardson, TX tax office with IRS Debt have a Notice of Federal Tax Lien (NFTL) or are under threat of an NFTL. As you’ve learned over the past few weeks, the Notice of Federal Tax Lien (NFTL) is a powerful tool of the IRS and...
by Bob Jablonsky | Dec 1, 2019 | Dallas TX, Frisco Tx, Garland TX, IRS Bank Levy, IRS Collection, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, NFTL, Plano TX, Real Estate Agents, Realtors, Richardson TX, Tax, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
Taxpayer’s coming into our Richardson, TX tax office with IRS Debt, often have to deal with Tax Liens. As you’ve learned over the past few weeks, the Notice of Federal Tax Lien (NFTL) is a powerful tool of the IRS and having an NFTL filed can wreak havoc over your...
by Bob Jablonsky | Nov 26, 2019 | Dallas TX, Frisco Tx, Garland TX, IRS Problems, Plano TX, Real Estate Agents, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Realtors, Richardson TX, Small Business, Tax, Tax Deductions, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Problems, Tax Relief
In December of 2017, the Tax Cuts and Jobs Act (TCJA) introduced a new “Qualified Business Income Deduction” (QBID) under IRS Section 199A. The QBID provided a deduction of up to 20% of qualifying income on the tax return and enable major tax savings to small business...
by Bob Jablonsky | Nov 21, 2019 | Dallas TX, Frisco Tx, Garland TX, IRS Problems, Plano TX, Real Estate Agents, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Realtors, Richardson TX, Small Business, Tax, Tax Deductions, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Relief, taxes
In this week’s installment in our series of taxation and investing in Real Estate we will discuss allowable loss limitations on Real Estate Investments. Real Estate investing is well known as having the ability to generate non-cash losses that may be deductible...
