by Bob Jablonsky EA | Nov 21, 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 Relief, taxes
In this week’s installment in our series of taxation and investing in Real Estate we will discuss allowable loss limitations on Real Estate Investments. Real Estate investing is well known as having the ability to generate non-cash losses that may be deductible...
by Bob Jablonsky EA | Nov 17, 2019 | CDP Rights, Dallas TX, Frisco Tx, Garland TX, IRS Bank Levy, IRS Collection, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, Plano TX, Real Estate Agents, Realtors, Richardson TX, Tax Deductions Real Estate, Tax Deductions Realtors, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
When taxpayer’s come into our Richardson, TX tax office and have IRS Debt, IRS Liens are often the major issue they are working to resolve, either preventing a tax lien from being placed on their assets or removing an IRS Lien that exists. Over the past few weeks, we...
by Bob Jablonsky EA | Nov 11, 2019 | Dallas TX, Frisco Tx, Garland TX, Installment Agreements, IRS Bank Levy, IRS Collection, IRS Debt Settlement, IRS Notices, IRS Penalties, IRS Problems, IRS Tax Lien, NFTL, Offer-In-Compromise, Plano TX, Real Estate Agents, Real Estate Tax Deductions, Richardson TX, Tax, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
Taxpayers who come into our Richardson, TX tax office with IRS Debt often have IRS Liens that are a major headache in their lives or are under threat of a lien which concerns them. One of our major goals in working with taxpayer’s with IRS debt includes preventing an...
by Bob Jablonsky EA | Nov 3, 2019 | CAP Hearing, CDP Hearing, Dallas TX, Frisco Tx, Garland TX, IRS Tax Lien, NFTL, Plano TX, Real Estate Agents Tax Deductions, Realtors, Richardson TX, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution
When taxpayer’s come into our Richardson, TX tax office and have IRS Debt, IRS Liens are often the major issue they are working to resolve, either preventing a tax lien from being placed on their assets or removing an IRS Lien that exists. It’s much easier to achieve...
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. ...
