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Education & Training - Bob Jablonsky & Associates
RECENT BLOG POSTS
Savvy business owners are often looking for ways to cut their taxes this year.  Here are six powerful business tax deduction strategies to consider implementing before the end of 2022.  It’s important to understand and implement them now.  Waiting until tax time is usually too late.  If you want ...
11/18/2022
Are you a taxpayer who files and pays timely each year but had one year where there was a blip and were unable to do so?  If that’s you, I may have good news for you.  While the IRS does not simply remove penalties upon request, there are some options.  Today, we’ll discuss the First Time Penalty...
11/11/2022
It's tax time, and Real Estate Agents, like all self-employed individuals are looking for deductions to reduce your tax liability.  As you go through the filing process, don't forget to look at whether you qualify for the Health Insurance Deduction for the Self-Employed (SEHI).  Self-Employed Tax...
10/07/2022
Some Real Estate Brokers and Agents elect to file taxes for their business as an S-Corporation.  How do you make that election?  To do so, you'll need to complete form 2553.  In this video, I walk you through the steps to completing Form 2553.  https://youtu.be/HeIqbwMlSTMIf you a Real Estate Age...
09/23/2022
At presentations that I give to Real Estate Agents, I often get a question of the benefits of setting up an LLC/S-Corp for the business.  There are potential tax benefits to having the S-Corp structure for your business versus filing on a Schedule C, but there based on the state you are in and ho...
09/16/2022
I have taxpayers come in who may not have filed taxes in years but now have the IRS attempting to collect from them.  They want to know how this could happen.   Watch my You Tube video to learn even more on this topic - https://youtu.be/W-L3Irb0zVM So, How Does This Happen?Often what has happened...
08/26/2022
The IRS has an incredibly powerful tool at their disposal - The Levy! When a taxpayer owes the government and the IRS follows proper proper procedures, they have the ability to levy the assets of the taxpayer along with rights to income flows such as wage garnishments. Wage garnishments are espec...
08/19/2022
In previous articles I've explained how to get a Notice of Federal Tax Lien (NFTL) withdrawn and won't cover that again today.  While removing a levy does not necessarily mean that you no longer owe the IRS (unless you've paid the amount owed in full_, when the NFTL is withdrawn, the IRS no longe...
08/12/2022
Did you know that there are estimated to be over 20 million taxpayers that are either in some stage of the collection process with the IRS or are believed to be non-filers (and who also owe the IRS)? Unfortunately, if you don't solve your tax problems timely, you can expect levies, liens, and a g...
08/05/2022
Did you know that when a business hires an employee and becomes responsible for payroll taxes, not only is the business responsible, but the owner(s) and others considered to be "responsible persons", may be personally liable to the Federal Government for the Trust Fund portion of payroll taxes?...
07/29/2022
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Bob Jablonsky

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