by Bob Jablonsky | Jan 21, 2020 | Dallas TX, Debt Forgiveness, Form 982, Frisco Tx, Garland TX, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Notices, IRS Penalties, IRS Problems, Plano TX, Richardson TX, Tax, Tax Compliance, Tax Problems, Tax Relief
In general, if you borrow money and you are legally obligated to repay that debt at a future date, if that debt is forgiven in full or in part, the cancelled debt becomes income to you. However, there are situations that tax law permits you to exclude the income...
by Bob Jablonsky | Jan 20, 2020 | CSED, Currently Not Collectible, Dallas TX, DATLOIC, 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, Partial Pay Installment Agreement, Plano TX, PPIA, Richardson TX, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution, taxes
Did you know that as a taxpayer who owes income taxes to the IRS, you may qualify for a payment plan that if all payments are made, will not completely pay your tax debt within the 10 years that the IRS has to collect income tax debt? Many taxpayers who come to our...
by Bob Jablonsky | Jan 17, 2020 | Bob Jablonsky and Associates, CDP Hearing, CDP Rights, Collection Due Process Hearing, Collection Due Process rights, CP508C, CSED, Currently Not Collectible, Dallas TX, Frisco Tx, Garland TX, Installment Agreements, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, Offer-In-Compromise, Plano TX, Richardson TX, Tax Compliance, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution, Uncategorized
When taxpayer’s have IRS Debt, the IRS has a number of tools to use to collect the debt. Those include levies, liens, and can also include revoking the taxpayer’s passport. For some taxpayers, this is not a major threat. For others, there can be a substantial...
by Bob Jablonsky | Jan 13, 2020 | Dallas TX, Frisco Tx, Installment Agreements, IRS Audit, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Penalties, Offer-In-Compromise, Partial Pay Installment Agreement, Plano TX, Richardson TX, Tax Compliance, Tax Problems, Tax Relief
When taxpayer’s come into our Richardson, TX tax office, one of the biggest challenges I often have is getting them into tax compliance. Today, we’ll discuss what Tax Compliance means to the IRS and why it’s critical to effectively resolving your tax debt. ...
by Bob Jablonsky | Jan 9, 2020 | Dallas TX, Frisco Tx, Garland TX, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Notices, IRS Penalties, IRS Problems, Plano TX, QBI Deduction, Real Estate Tax Deductions, Richardson TX, Tax, Tax Deductions, Tax Deductions Real Estate, Tax Problems, Uncategorized
Taxpayers involved in Real Estate are the largest group of tax clients for my Richardson, TX tax firm. Did you know that Landlords who spend at least 250 hours a year managing and maintaining their rental properties may be eligible for the Qualified Business Income...
by Bob Jablonsky | Jan 6, 2020 | CP2000 Notice, Currently Not Collectible, Dallas TX, Frisco Tx, Garland TX, IRS Assessed Tax, IRS Audit, IRS Collection, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, Plano TX, Richardson TX, SFR, Substitute For Return, Tax Deductions, Tax Problems, Tax Relief, Tax Resolution
We sometimes have taxpayers who come into our Richardson, TX tax office who have not filed a tax return for all years or many years and who are confused when the IRS is attempting to collect tax from them in a year that they know they never filed. How Does This...
