by Bob Jablonsky, EA | Jan 1, 2024 | Business Tips, Dallas TX, IRS Audit, IRS Problems, Real Estate Agents, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Tax Deductions, Tax Deductions Realtors
One of the benefits in being an independent contractor, such as a Real Estate Agent, is the ability to deduct business expenses on your tax return that allow you to lower your tax liability and keep more of your earnings. I often get questions from my real estate...
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 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 | Sep 2, 2020 | Allen TX, Dallas TX, Debt Settlement Company, Frisco Tx, Garland TX, IRS Audit, IRS Bank Levy, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Payment Plans, IRS Penalties, IRS Problems, IRS Seizures, IRS Tax Lien, Offer-In-Compromise, Partial Pay Installment Agreement, Plano TX, Richardson TX, Tax, Tax Levies, Tax Liens, Tax Problems, Tax Resolution, taxes
With all that’s going on in the world, the negative impact on businesses and the layoffs of W-2 workers, it can be tempting to put off filing your taxes, particularly if you will owe taxes. In the best of times, most taxpayers dread the tedious task of compiling their...
by Bob Jablonsky | Jun 22, 2020 | Allen TX, Bob Jablonsky and Associates, CARES Act, Collection Due Process Hearing, Collection Due Process rights, Coronavirus, Dallas TX, Frisco Tx, Garland TX, IRS Assessed Tax, IRS Audit, IRS Bank Levy, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Garnishments, IRS Notices, IRS Penalties, IRS Problems, IRS Seizures, IRS Tax Lien, Plano TX, Richardson TX, Tax Compliance, Tax Problems, Tax Relief, Tax Relief Companies, Tax Resolution
With the filing deadline moving from the traditional date of April 15th to July 15th because of the coronavirus pandemic, it can be tempting to put off filing your taxes for as long as possible. Most taxpayers dread the tedious task of compiling their financial...
by Bob Jablonsky | Jun 1, 2020 | Allen TX, Bob Jablonsky and Associates, CDP Rights, Collection Due Process Hearing, Dallas TX, Frisco Tx, Garland TX, IRS Assessed Tax, IRS Audit, IRS Bank Levy, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Garnishments, IRS Notices, IRS Penalties, IRS Problems, IRS Seizures, IRS Tax Lien, Offer-In-Compromise, Partial Pay Installment Agreement, Payroll Tax Penalties, Payroll Tax Problems, Plano TX, Tax Problems, Tax Relief Companies
Did you know that there are approximately 20 million taxpayers that are either in some stage of the collection process with the IRS or are believed to be non-filers. This is expected to continue to increase in the current economic environment related to COVID-19....