by Bob Jablonsky EA | Jun 21, 2022 | CDP Rights, IRS Notices, IRS Problems
When you owe the IRS, you’ll receive a number of notices. Each of these notices provides you with information including where you are at in the collection process, the risks you face, but also some include opportunities and rights that give you an opportunity to...
by Bob Jablonsky EA | May 17, 2022 | IRS Penalties, IRS Problems, Uncategorized
Owe the IRS? Reduce your bill by removing IRS penalties Tax filing and late payment penalties can more than double tax debt if not dealt with timely. The IRS will not simply remove penalties upon request. However, it is possible to have...
by Bob Jablonsky EA | Oct 8, 2021 | IRS Problems, Tax, Uncategorized
What To Do If You Receive the Final Notice of Intent to Levy From the IRS? I’m continuing to meet with more clients who have felt the IRS step up collections over the past few months. A few months ago, we were seeing the IRS sending the CP504 notice. ...
by Bob Jablonsky EA | Sep 21, 2021 | CP504 Notice, Dallas TX, IRS Debt Relief, IRS Notices, IRS Problems
Over the last few months, as the country has begun opening up and the IRS has gotten back to full staffing, the government has transitioned back to full collections. What this means is that taxpayers are receiving collection notices with threatening...
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...
