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 19, 2021 | CP504 Notice, IRS Bank Levy, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Problems, IRS Tax Lien
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...
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 | Feb 23, 2021 | Uncategorized
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...
