Taxes for Real Estate Agents

True or false? According to IRS guidelines, real estate agents do not file their taxes correctly. How many real estate agents owe taxes? How many years does the average real estate agent owe taxes for? This course will discuss various ways real estate agents can protect their businesses. For example, should agents become an LLC or S-Corp and pay themselves a salary? Or a corporation or an individual filer for their taxes. We will discuss allowed deductions, how and when 1099 taxes should be filed, and how to avoid attention to your tax deductions and receive an audit. We will also prepare agents what the best filing system is for their receipts in the event of an audit.

Course Code: 76307