by Bob Jablonsky EA | Feb 10, 2020 | Bob Jablonsky and Associates, CP2000 Notice, CSED, Currently Not Collectible, Dallas TX, Debt Settlement Company, Frisco Tx, Garland TX, Installment Agreements, 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, NFTL, Offer-In-Compromise, Partial Pay Installment Agreement, Plano TX, Richardson TX, Small Business Tax Tips, Tax Problems, Tax Relief, Tax Relief Companies, Tax Resolution, taxes
If you’ve owed the IRS over the past 10 years, while you may not have been lucky to have an IRS problem, in general, we’ve seen a much less aggressive IRS in collecting tax debt. As an Advocate for Taxpayers with IRS problems, I have found the IRS to be less...
by Bob Jablonsky EA | 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 EA | 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 EA | 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...
by Bob Jablonsky EA | Jan 23, 2020 | Bob Jablonsky and Associates, Business Tips, CFO Services, Dallas TX, EIN, Frisco Tx, Garland TX, IRS Audit, IRS Penalties, IRS Problems, Payroll Tips, Plano TX, Richardson TX, Small Business, Tax, Tax Compliance, Tax Problems
When new business owner’s come into our Richardson, TX tax office, a common question is if the business needs its own Employer Identification Number (EIN). An EIN is a nine-digit number that the IRS assigns to identify tax accounts. It’s also referred to as a...
by Bob Jablonsky EA | Jan 20, 2020 | CSED, Currently Not Collectible, Dallas TX, DATLOIC, Frisco Tx, Garland TX, Installment Agreements, IRS Assessed Tax, IRS Audit, IRS Bank Levy, IRS Collection, IRS Debt Relief, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, Partial Pay Installment Agreement, Plano TX, PPIA, Richardson TX, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution, taxes
Did you know that as a taxpayer who owes income taxes to the IRS, you may qualify for a payment plan that if all payments are made, will not completely pay your tax debt within the 10 years that the IRS has to collect income tax debt? Many taxpayers who come to our...