by Bob Jablonsky, EA | Mar 1, 2021 | Real Estate Agents, Real Estate Agents Tax Deductions, Realtors, Tax Deductions, Tax Deductions Real Estate
As a Real Estate Agent, you most likely find yourself sometimes showing a potential buyer tens of homes before they make a decision to purchase a property (or don’t). While that can be frustrating, it’s important to make sure that as a Realtor you get the...
by Bob Jablonsky | Jun 15, 2020 | Allen TX, Dallas TX, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Notices, IRS Problems, IRS Seizures, IRS Tax Lien, Plano TX, Richardson TX, Tax Compliance, Tax Deductions, Tax Planning, Tax Problems, Tax Relief, Tax Resolution
Whether it is a global pandemic shutting the economy down for months on end, a stock market crash that leaves formerly giddy investors frightened and nervous or a housing crisis that makes real estate a risky bet, living through tough economic times is never easy....
by Bob Jablonsky | Feb 13, 2020 | Audit Reconsideration, Bob Jablonsky and Associates, CP2000 Notice, Dallas TX, Debt Settlement Company, Form 1099C, Frisco Tx, Garland TX, IRS Assessed Tax, IRS Audit, IRS Bank Levy, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, Plano TX, Richardson TX, Small Business Tax Tips, Tax, Tax Compliance, Tax Deductions, Tax Relief Companies, Tax Resolution
When my clients come to me and provide me their tax information, I sometimes see red flags pop out that I address with them before filing. This review helps to minimize any issues they might have with future IRS reviews/audits. However, I also have taxpayers who come...
by Bob Jablonsky | Feb 5, 2020 | Bob Jablonsky and Associates, Bookkeeping Tips, Business Tips, Dallas TX, Frisco Tx, Garland TX, IRS Assessed Tax, IRS Audit, IRS Compliance, IRS Debt Relief, IRS Penalties, IRS Problems, Plano TX, Richardson TX, Small Business, Small Business Tax Tips, Tax, Tax Compliance, Tax Deductions, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Planning, Tax Problems, Tax Relief, taxes
In 2017, Congress passed The Tax Cuts and Jobs Act (TCJA), which was the largest piece of tax legislation that we’ve seen in three decades. The new law had an impact on almost all taxpayers who came to our Richardson, TX tax office, as well as taxpayers throughout the...
by Bob Jablonsky | Jan 30, 2020 | Bob Jablonsky and Associates, Business Tips, Cancelled Debt and Taxes, Dallas TX, Debt Forgiveness, Form 1099C, Form 982, Frisco Tx, Garland TX, IRS Assessed Tax, IRS Audit, IRS Collection, IRS Compliance, IRS Debt Relief, IRS Notices, IRS Penalties, IRS Problems, Offer-In-Compromise, Plano TX, Richardson TX, Small Business Tax Tips, Tax, Tax Compliance, Tax Deductions, Tax Problems, Tax Relief, taxes
Two weeks ago, I wrote that there are certain situations which permit the exclusion from Gross Income on a Taxpayer’s tax return, when they are the recipients of debt forgiveness that would typically be taxed. One of the options that permitted exclusion was for debt...
by Bob Jablonsky | Jan 30, 2020 | Bob Jablonsky and Associates, bookkeeping, Bookkeeping Tips, Business Tips, CP2000 Notice, Dallas TX, Expense Reduction Tips, Frisco Tx, Garland TX, IRS Audit, IRS Compliance, IRS Debt Relief, IRS Notices, Plano TX, Richardson TX, Small Business Tax Tips, Substitute For Return, Tax, Tax Compliance, Tax Deductions, Tax Problems, Tax Relief, taxes
In some case, entrepreneurs who work from home can write off a portion of their housing and utility expenses. That’s often a big question for our clients in our Richardson, TX tax office, who use part of their home in their business. If you qualify, it can...
