fbpx

Tax Deductions that Realtors often Miss

Among the top professional industries that my Dallas, TX tax firm works with are realtors.  As independent contractors, realtors often incur substantial out of pocket costs to run their business. Today, I want to cover some of the costs that I typically see from...

Dallas TX – 4 Mistakes That You Don’t Want To Make When Filing Your Income Taxes!

4 Mistakes That You Don’t Want to Make When Filing Your Taxes. (They Could Land You In Tax Trouble) It can be a stressful experience preparing your taxes and filing them. It can be even more stressful however, if you make these mistakes that land you into tax...

How Early Adopters of Cryptocurrency May Face IRS Tax Problems

The stunning rise in the value of Bitcoin, along with the myriad of cryptocurrencies, is surely one of the biggest financial stories of the 21st century, at least so far. What started out as a mere curiosity and niche project for programmers and geeks has quickly...

Our YouTube Video On What To Do If You Receive a CP2000 Notice

I wanted to share our most popular You Tube Video which is What is a CP2000 Notice and What To Do If You Receive One.  As a summary, a typical IRS audit today is a Correspondence Audit, which is typically completed primarily by mail.  Taxpayers may receive a Form...

Should I File My Tax Return if I Can’t Pay the Tax Owed?

I have taxpayers call or come into my Richardson, TX tax office asking if they should file their tax return if they believe they will owe the government but can’t pay the tax.  Although I understand their apprehension of filing the return, my response is always that...