by Bob Jablonsky, EA | Jan 1, 2024 | Business Tips, Dallas TX, IRS Audit, IRS Problems, Real Estate Agents, Real Estate Agents Tax Deductions, Real Estate Tax Deductions, Tax Deductions, Tax Deductions Realtors
One of the benefits in being an independent contractor, such as a Real Estate Agent, is the ability to deduct business expenses on your tax return that allow you to lower your tax liability and keep more of your earnings. I often get questions from my real estate...
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 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 | Jan 2, 2020 | Bob Jablonsky and Associates, Business Tips, Dallas TX, Frisco Tx, Garland TX, IRS Assessed Tax, IRS Audit, IRS Problems, Plano TX, Richardson TX, Tax Compliance, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Problems, Tax Relief, taxes
On Friday, the President signed into law the Further Consolidated Appropriations Act, 2020. In addition to preventing a government shutdown, the Act included many tax provisions that often impact clients of our Richardson, TX tax office as well as other taxpayers...
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 | 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...
