by Bob Jablonsky EA | Apr 22, 2020 | Dallas TX, Frisco Tx, Garland TX, IRS Debt Relief, IRS Problems, Payroll Tax Penalties, Payroll Tax Problems, Plano TX, Richardson TX, Small Business
As we’ve covered in the past few blogs, Payroll Tax Debt can become a nightmare for a taxpayer who gets behind. In addition to the potential late filing and late deposit penalties to a corporation, LLC, or partnership for unpaid taxes, there is also the potential for...
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 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 16, 2020 | Bob Jablonsky and Associates, Business Development, Business Growth, Business Tips, business trends, CDP Rights, CFO, Dallas TX, EIN, Frisco Tx, Garland TX, IRS Audit, IRS Collection, IRS Problems, Management Tips, Plano TX, profitability, Real Estate Agents Tax Deductions, Richardson TX, Small Business, Small Business Tax Tips, Tax, Tax Compliance, Tax Deductions, Tax Deductions Real Estate, Tax Deductions Realtors
Starting a business is exciting and nerve-wracking all at the same time. Our Tax firm is in Richardson, TX, and every day, there are hundreds of new businesses being formed in the DFW area. The process of starting a new business can be intimidating and the “to do”...
by Bob Jablonsky EA | Dec 9, 2019 | Dallas TX, Frisco Tx, Garland TX, Installment Agreements, IRS Bank Levy, IRS Collection, IRS Debt Relief, IRS Debt Settlement, IRS Penalties, IRS Problems, IRS Tax Lien, NFTL, Offer-In-Compromise, Plano TX, Richardson TX, Small Business, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
Many of the Taxpayer’s coming into our Richardson, TX tax office with IRS Debt have a Notice of Federal Tax Lien (NFTL) or are under threat of an NFTL. As you’ve learned over the past few weeks, the Notice of Federal Tax Lien (NFTL) is a powerful tool of the IRS and...
by Bob Jablonsky EA | Nov 26, 2019 | Dallas TX, Frisco Tx, Garland TX, IRS Problems, Plano TX, Real Estate Agents, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Realtors, Richardson TX, Small Business, Tax, Tax Deductions, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Problems, Tax Relief
In December of 2017, the Tax Cuts and Jobs Act (TCJA) introduced a new “Qualified Business Income Deduction” (QBID) under IRS Section 199A. The QBID provided a deduction of up to 20% of qualifying income on the tax return and enable major tax savings to small business...