by Bob Jablonsky, EA | Mar 8, 2024 | Uncategorized
Have you recently received a CP504 Notice from the IRS?This notice is a critical communication indicating the IRS’s intent to levy due to unpaid taxes. It’s essential to understand that a CP504 Notice is not the final notice but a significant step in the...
by Bob Jablonsky EA | Jul 17, 2022 | IRS Penalties, IRS Problems, Uncategorized
The number of taxpayers being assessed IRS penalties continues to increase due to pandemic, the economy, as well as problems experienced by the IRS. I often get the questions as to how to I remove these penalties? The two main methods are using the First Time...
by Bob Jablonsky EA | Oct 9, 2019 | Installment Agreements, IRS Audit, IRS Bank Levy, IRS Collection, IRS Notices, IRS Penalties, IRS Problems, Real Estate Agents, Realtors, Small Business, Tax, Tax Deductions, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution, taxes
Among the top professional industries that my Dallas, TX tax firm works with are realtors. As independent contractors, realtors often incur substantial out of pocket costs to run their business. Today, I want to cover some of the costs that I typically see from...
by Bob Jablonsky EA | Oct 6, 2019 | IRS Bank Levy, IRS Collection, IRS Notices, IRS Penalties, IRS Problems, Tax, Tax Levies, Tax Liens, Tax Problems, Tax Relief, Tax Resolution, taxes, Uncategorized
What is an IRS Tax Levy? Probably the most frequent reason that I have clients come into my Richardson, TX office related to IRS debt are when they are levied by the IRS. An IRS levy permits the IRS to legally seize the taxpayer’s property, including garnishing...
by Bob Jablonsky EA | Sep 27, 2019 | CP2000 Notice, Installment Agreements, IRS Audit, IRS Bank Levy, IRS Collection, IRS Notices, IRS Penalties, IRS Problems, Tax, Tax Problems, Tax Relief, Tax Resolution, taxes, Uncategorized
I wanted to share our most popular You Tube Video which is What is a CP2000 Notice and What To Do If You Receive One. As a summary, a typical IRS audit today is a Correspondence Audit, which is typically completed primarily by mail. Taxpayers may receive a Form...