by Bob Jablonsky EA | Dec 23, 2019 | Dallas TX, Frisco Tx, Garland TX, IRS Audit, IRS Collection, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, Plano TX, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Richardson TX, Tax, Tax Deductions, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Resolution, taxes, Uncategorized
It’s always a good idea to look for ways to minimize your tax liability. Taking advantage of opportunities before the year comes to a close is a smart move. Here are a few things to think about: Are you making the maximum contribution to your §401(k), IRA or other...
by Bob Jablonsky EA | Dec 16, 2019 | Audit Reconsideration, CP2000 Notice, Dallas TX, DATLOIC, Doubt as to Liability Offer In Compromise, 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, NFTL, Offer-In-Compromise, Plano TX, Richardson TX, Tax, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
When taxpayer’s come into our Richardson, TX tax office with what they believe is an erroneous tax assessment by the IRS, two options that we commonly use to challenge the underlying tax are Audit Reconsideration and a Doubt-as-to-Liability Offer-In-Compromise. There...
by Bob Jablonsky EA | Dec 12, 2019 | Dallas TX, DATLOIC, Doubt as to Liability Offer In Compromise, 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, NFTL, Plano TX, Richardson TX, SFR, TAS, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution, Taxpayers Advocate Services
The Taxpayer Advocate Service (TAS) is and independent organization within the IRS that was set up for the purpose to act as a voice for taxpayers. While the existence of the TAS is not known by most taxpayers, it can be effective means of helping both businesses...
by Bob Jablonsky EA | Oct 31, 2019 | Dallas TX, Frisco Tx, Garland TX, IRS Audit, IRS Collection, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, Plano TX, Richardson TX, Tax, Tax Deductions, Tax Levies, Tax Problems, Tax Relief, Tax Resolution, taxes, Uncategorized
Typically, married couples file their Income Taxes using Married Filing Joint status without any thought. For most couples, the combined tax burden of the household will be lower when using Married Filing Joint (MFJ) status vs. using Married Filing Separately (MFS)...
by Bob Jablonsky EA | Oct 30, 2019 | Bookkeeping Tips, CFO, CFO Services, IRS Audit, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Realtors, Tax Deductions, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Problems, Tax Relief
Last week we covered the general rules around reporting rental Real Estate activities on tax returns. This week we’ll begin to dive into more specific issues related to income tax reporting for Real Estate Investors, by covering the reporting of income on rentals. ...
by Bob Jablonsky EA | Oct 24, 2019 | Currently Not Collectible, Installment Agreements, IRS Audit, IRS Bank Levy, IRS Collection, IRS Notices, IRS Penalties, IRS Problems, Offer-In-Compromise, Tax, Tax Deductions, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
There are times when I have taxpayers come into our Richardson, TX tax office, who are experiencing difficult financial times, often through no fault of their own. Perhaps they’ve had a death in the family, lost their jobs for an extended period of time, or have had...
