Bob Jablonsky & Associates Tax Resolution Blog

Bookkeeping Basics Every Realtor Should Know

While you tax Professional should be able to provide advice on deductions that are available to you, it is you as the Real Estate Agent or broker to understand the concepts of Bookkeeping for Realtors.  They understand tax law but they don’t know what is going on...

You Need to File Your Taxes Timely!

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...

Home Sale Tax Exclusion for Realtors

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...

The IRS CP504 Notice. What is It?

The IRS has recently began sending out a barrage of CP504 Notices to Taxpayers with tax debt.  It is typically sent by Certified Mail and states Notice of Intent to seize (levy) your property or rights to property.  It’s an important notice for several...

Tax Tips for Every New Realtor

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...

The Home Office Deduction Done Right!

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...

Two Ways to Remove IRS Penalties

Today I want to cover a popular topic with Taxpayers that owe the IRS.  Can Penalties be removed?  When a Taxpayer owes the IRS, penalties can add up quickly.  If a Taxpayer files late and pays their taxes late, they can find themselves with penalties...

Get in touch

1900 Jay Ell Drive
Richardson, TX 75081

Bob@jablonskyandassociates.com

(972) 821-1991

}

Mon-Fri 8:00am - 5:00pm

Email us