by Bob Jablonsky EA | May 17, 2021 | Dallas TX, IRS Penalties, IRS Problems, Small Business Tax Tips, Substitute For Return, Uncategorized
Every year, millions of taxpayers don’t file their Federal income tax return on time even though its rarely a good idea. Why does that happen and what are the consequences of not filing a tax return? Why don’t Taxpayers file timely? There are a number of reasons...
by Bob Jablonsky EA | May 3, 2021 | Real Estate Agents, Tax Deductions, Tax Deductions Real Estate, Uncategorized
Most real estate sales involve the selling of personal residences. The question of whether the profit on the sale is taxable often not only comes up to me as a tax professional, but I also find that Realtors get that question as well from potential...
by Bob Jablonsky EA | Apr 5, 2021 | IRS Compliance, IRS Problems, Real Estate Agents, Real Estate Agents Tax Deductions, Realtors, Small Business Tax Tips, Tax Deductions, Uncategorized
As Self-Employed Independent Contractors, Real Estate Agents may need help in running their business and sometimes it makes sense to hire family. Today, we’ll cover a few areas where it might be helpful to hire your children as well as adult family members to...
by Bob Jablonsky EA | Mar 22, 2021 | Uncategorized
While today’s blog is primarily directed to new Real Estate Agents, it may be helpful to experienced ones as well. We’re going to give a few quick tax tips to New Realtors. Taxation for New Real Estate Agents can be very confusing. Many new agents come...
by Bob Jablonsky, EA | Mar 18, 2021 | Dallas TX, Real Estate Agents, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Realtors, Uncategorized
A question that comes up from my Realtor clients along with many other small business owners, is can I deduct my Home Office costs. This has become even more of an issue due to COVID as more and more of us work out of our homes. Today we’ll touch on when...
by Bob Jablonsky, EA | Mar 8, 2021 | IRS Debt Relief, IRS Debt Settlement, IRS Problems, IRS Tax Lien, Uncategorized
Over the past year, since the onset of COVID, the IRS has taken a very hands off approach to tax items. However, that is beginning to change. Late in 2020 we began to see the IRS filing Notice of Federal Tax Liens (NFTLs) on taxpayers with IRS debt and we...
