by Bob Jablonsky EA | May 1, 2022 | Business Tips, Tax Deductions, Uncategorized
Has your friend, neighbor or colleague told you that if you take the home office deduction, it will be a “red flag” to the IRS that will trigger an audit? Well, that is just not true! In order to claim the home office deduction, you MUST QUALIFY, but if you do...
by Bob Jablonsky EA | Oct 8, 2021 | IRS Problems, Tax, Uncategorized
What To Do If You Receive the Final Notice of Intent to Levy From the IRS? I’m continuing to meet with more clients who have felt the IRS step up collections over the past few months. A few months ago, we were seeing the IRS sending the CP504 notice. ...
by Bob Jablonsky EA | Sep 7, 2021 | Uncategorized
Unfortunately, real estate agents and other small business owner’s and independent contractors sometimes find themselves in a situation where they owe the IRS. This can be a result of not making estimated tax payments timely or as the result of an unfavorable...
by Bob Jablonsky EA | Aug 2, 2021 | Dallas TX, IRS Audit, IRS Notices, IRS Problems, Real Estate Agents, Real Estate Agents Tax Deductions, Uncategorized
In a previous blog, I mentioned that as a Real Estate Professional, you file Schedule C, the Tax Form that is the form most audited by the IRS. The IRS has found that Schedule C’s contain a large number of errors compared to other forms and finds that they are...
by Bob Jablonsky EA | Jul 19, 2021 | CSED, Dallas TX, IRS Debt Relief, IRS Problems, Uncategorized
Many taxpayers who owe the IRS believe that they will owe the government forever. However, that’s not true. The IRS only has 10 years to collect a tax debt once the tax is assessed, assuming that there are no actions taken by the taxpayer to stop...
by Bob Jablonsky EA | Jul 6, 2021 | Dallas TX, IRS Audit, Realtors, Uncategorized
As a Real Estate Professional, did you realize that you are required to complete a Tax Form that is the form most audited by the IRS? That’s right, as independent contractors, most Real Estate Agents file a Form Schedule C. The IRS has found that...
