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The Bronson Law Firm P C No high-pressure sales sharks. No annoying tax professional lingo. Just straight, authoritative and friendly advice. The Bronson Law Firm, P.C.

Visit us: http://northdallasirshelp.com/
Or give us a call: (972) 770-2660 is the 911 emergency room for tax problems in the North Texas area. Many attorneys, CPAs, and tax preparers consider the Bronson Law Firm the go-to professionals for resolving their clientsโ€™ tax problems.

11/03/2026

๐—ช๐—ต๐—ฎ๐˜ ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฐ๐—ผ๐—ป๐—ฐ๐—ฒ๐—ฟ๐—ป๐˜€ ๐—ฎ๐—ฟ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐—ต๐—ฒ๐—ฎ๐—ฟ๐—ถ๐—ป๐—ด ๐—ฝ๐—ฒ๐—ผ๐—ฝ๐—น๐—ฒ ๐˜๐—ฎ๐—น๐—ธ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜ ๐—บ๐—ผ๐˜€๐˜ ๐—ฎ๐˜€ ๐˜„๐—ฒ ๐—ต๐—ฒ๐—ฎ๐—ฑ ๐—ถ๐—ป๐˜๐—ผ ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿณ? ๐—”๐—ป๐˜†๐˜๐—ต๐—ถ๐—ป๐—ด ๐˜†๐—ผ๐˜‚'๐—ฑ ๐—ฎ๐—ฑ๐—ฑ ๐˜๐—ผ ๐˜๐—ต๐—ถ๐˜€ ๐—น๐—ถ๐˜€๐˜?

A) Keeping up with rising everyday expenses
B) Job security and steady income
C) Building up emergency savings
D) Paying down debt and catching up on bills
E) Saving enough for retirement

๐—ช๐—ต๐—ฎ๐˜ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—œ ๐—ฑ๐—ผ ๐—ถ๐—ณ ๐—œ ๐—น๐—ฒ๐—ณ๐˜ ๐—ฐ๐—ฟ๐˜†๐—ฝ๐˜๐—ผ๐—ฐ๐˜‚๐—ฟ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐—ถ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ผ๐—ณ๐—ณ ๐—ฎ๐—ป ๐—ผ๐—น๐—ฑ ๐˜๐—ฎ๐˜… ๐—ฟ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป?If you accidentally left out taxable cryptocurren...
11/02/2026

๐—ช๐—ต๐—ฎ๐˜ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—œ ๐—ฑ๐—ผ ๐—ถ๐—ณ ๐—œ ๐—น๐—ฒ๐—ณ๐˜ ๐—ฐ๐—ฟ๐˜†๐—ฝ๐˜๐—ผ๐—ฐ๐˜‚๐—ฟ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐—ถ๐—ป๐—ฐ๐—ผ๐—บ๐—ฒ ๐—ผ๐—ณ๐—ณ ๐—ฎ๐—ป ๐—ผ๐—น๐—ฑ ๐˜๐—ฎ๐˜… ๐—ฟ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป?

If you accidentally left out taxable cryptocurrency income, you may be able to correct it by filing an amended return.

The easiest way to start is by figuring out which transactions you missed and which tax years they affect.

However, if you knowingly left income off your return, the situation is more serious. The IRS has a Voluntary Disclosure Practice for cases involving intentional noncompliance.

Regardless of how the income was missed, here's where we'd start:
1. Gather your cryptocurrency transaction records from the years in question.
2. Identify what wasn't reported and calculate how much taxable income was left off each return.
3. Talk more specifically with a tax professional about the appropriate way to correct the issue before filing.

If you're unsure how to handle cryptocurrency income you left off a previous return, send us a message. We can take a look at your situation together.

10/30/2026

๐—ช๐—ต๐—ฎ๐˜ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—œ ๐—ฑ๐—ผ ๐—ถ๐—ณ ๐—œ ๐—ณ๐—ผ๐—ฟ๐—ด๐—ผ๐˜ ๐˜๐—ผ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—ฐ๐—ฟ๐˜†๐—ฝ๐˜๐—ผ๐—ฐ๐˜‚๐—ฟ๐—ฟ๐—ฒ๐—ป๐—ฐ๐˜† ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฎ๐—ฐ๐˜๐—ถ๐—ผ๐—ป๐˜€ ๐—ผ๐—ป ๐—ฝ๐—ฟ๐—ฒ๐˜ƒ๐—ถ๐—ผ๐˜‚๐˜€ ๐˜๐—ฎ๐˜… ๐—ฟ๐—ฒ๐˜๐˜‚๐—ฟ๐—ป๐˜€?

If you forgot to report some cryptocurrency, start by figuring out which transactions were actually taxable and whether you owe additional taxes.

1. Moving crypto between wallets you own doesn't, by itself, create a taxable sale.
2. Selling cryptocurrency can create a taxable gain or loss.
3. Exchanging one cryptocurrency for another can also create a taxable gain or loss, even if you never received cash.

Once that's clear, you need to determine what's happening with your reporting.

That starts by comparing your exchange and wallet history transactions against your previously filed returns.

If you checked โ€œnoโ€ on Form 1040 in a year when you sold or exchanged cryptocurrency when you should have checked "yes," an amended return needs to be filed.

Comment ๐—–๐—ฅ๐—ฌ๐—ฃ๐—ง๐—ข if you want help getting your crypto tax situation sorted.

What's scarier than Halloween? An IRS tax bill that keeps growing while you're afraid to open the noticesโ€ฆIf you can't a...
10/29/2026

What's scarier than Halloween? An IRS tax bill that keeps growing while you're afraid to open the noticesโ€ฆ

If you can't afford to pay your balance, log in to your IRS online account and check what you owe, including penalties and interest.

Then see if you qualify to apply online for an installment agreement. You may be able to pay the balance in monthly payments instead of all at once.

๐˜ž๐˜ฉ๐˜ข๐˜ต'๐˜ด ๐˜ฐ๐˜ฏ๐˜ฆ ๐˜ต๐˜ฉ๐˜ช๐˜ฏ๐˜จ ๐˜ข๐˜ฃ๐˜ฐ๐˜ถ๐˜ต ๐˜๐˜™๐˜š ๐˜ฑ๐˜ข๐˜บ๐˜ฎ๐˜ฆ๐˜ฏ๐˜ต ๐˜ฑ๐˜ญ๐˜ข๐˜ฏ๐˜ด ๐˜บ๐˜ฐ๐˜ถ'๐˜ฅ ๐˜ญ๐˜ช๐˜ฌ๐˜ฆ ๐˜ถ๐˜ด ๐˜ต๐˜ฐ ๐˜ฆ๐˜น๐˜ฑ๐˜ญ๐˜ข๐˜ช๐˜ฏ?

๐—ช๐—ต๐˜† ๐—ฑ๐—ผ๐—ฒ๐˜€ ๐—บ๐˜† ๐—ฐ๐—ฟ๐˜†๐—ฝ๐˜๐—ผ ๐˜๐—ฎ๐˜… ๐—ณ๐—ผ๐—ฟ๐—บ ๐˜€๐—ต๐—ผ๐˜„ $๐Ÿฎ๐Ÿฌ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐—ถ๐—ป ๐˜€๐—ฎ๐—น๐—ฒ๐˜€ ๐˜„๐—ต๐—ฒ๐—ป ๐—œ ๐—ผ๐—ป๐—น๐˜† ๐—บ๐—ฎ๐—ฑ๐—ฒ $๐Ÿญ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ?Because Form 1099-DA can show your total sal...
10/28/2026

๐—ช๐—ต๐˜† ๐—ฑ๐—ผ๐—ฒ๐˜€ ๐—บ๐˜† ๐—ฐ๐—ฟ๐˜†๐—ฝ๐˜๐—ผ ๐˜๐—ฎ๐˜… ๐—ณ๐—ผ๐—ฟ๐—บ ๐˜€๐—ต๐—ผ๐˜„ $๐Ÿฎ๐Ÿฌ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ ๐—ถ๐—ป ๐˜€๐—ฎ๐—น๐—ฒ๐˜€ ๐˜„๐—ต๐—ฒ๐—ป ๐—œ ๐—ผ๐—ป๐—น๐˜† ๐—บ๐—ฎ๐—ฑ๐—ฒ $๐Ÿญ๐Ÿฌ,๐Ÿฌ๐Ÿฌ๐Ÿฌ?

Because Form 1099-DA can show your total sales without showing what you originally paid.

Let's say you bought Bitcoin for $190,000 and sold it for $200,000. Your taxable gain is $10,000, not $200,000.

But if you bought it on Coinbase and sold it on Kraken, Kraken may not know your original purchase price. And that information may be missing from the form sent to the IRS.

Here's what I'd recommend:
1. Download your transaction histories from every exchange and wallet you've used.
2. Match your sales to their original purchase prices and qualifying fees.
3. Compare your calculations with what's reported on Form 1099-DA.

Missing purchase records? We can help trace your transactions and calculate your actual gains before you respond to an IRS inquiry.

10/27/2026

Could inflation actually work in your favor when it comes to your taxes?

Some parts of the tax code adjust for inflation every year, while others don't. And those differences could affect your 2026 tax bill in ways you wouldn't expect.

https://www.kiplinger.com/taxes/604977/inflation-and-taxes

๐—–๐—ฎ๐—ป ๐—ณ๐—ถ๐—น๐—ถ๐—ป๐—ด ๐—ฎ๐—ป ๐—ข๐—ณ๐—ณ๐—ฒ๐—ฟ ๐—ถ๐—ป ๐—–๐—ผ๐—บ๐—ฝ๐—ฟ๐—ผ๐—บ๐—ถ๐˜€๐—ฒ ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—ด๐—ถ๐˜ƒ๐—ฒ ๐˜๐—ต๐—ฒ ๐—œ๐—ฅ๐—ฆ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ถ๐—บ๐—ฒ ๐˜๐—ผ ๐—ฐ๐—ผ๐—น๐—น๐—ฒ๐—ฐ๐˜ ๐—บ๐˜† ๐˜๐—ฎ๐˜… ๐—ฑ๐—ฒ๐—ฏ๐˜?Yes, when you submit an Offer i...
10/26/2026

๐—–๐—ฎ๐—ป ๐—ณ๐—ถ๐—น๐—ถ๐—ป๐—ด ๐—ฎ๐—ป ๐—ข๐—ณ๐—ณ๐—ฒ๐—ฟ ๐—ถ๐—ป ๐—–๐—ผ๐—บ๐—ฝ๐—ฟ๐—ผ๐—บ๐—ถ๐˜€๐—ฒ ๐—ฎ๐—ฐ๐˜๐˜‚๐—ฎ๐—น๐—น๐˜† ๐—ด๐—ถ๐˜ƒ๐—ฒ ๐˜๐—ต๐—ฒ ๐—œ๐—ฅ๐—ฆ ๐—บ๐—ผ๐—ฟ๐—ฒ ๐˜๐—ถ๐—บ๐—ฒ ๐˜๐—ผ ๐—ฐ๐—ผ๐—น๐—น๐—ฒ๐—ฐ๐˜ ๐—บ๐˜† ๐˜๐—ฎ๐˜… ๐—ฑ๐—ฒ๐—ฏ๐˜?

Yes, when you submit an Offer in Compromise and it's pending, the IRS collection clock stops running.

Here's why that mattersโ€ฆ The IRS has 10 years from the date your tax debt was assessed to collect it. That deadline is called the Collection Statute Expiration Date (CSED).

But when your settlement offer is pending, that 10-year clock is suspended.

So, if the IRS spends months reviewing your offer and ultimately rejects it, you've extended the amount of time the agency has to pursue collection.

You could also lose money on the application fee and initial payment without getting the debt settled.

If you're considering an Offer in Compromise, reach out before filing. We can review your IRS account history and determine whether an offer makes sense for your situation.

10/23/2026

๐—ช๐—ต๐—ฎ๐˜ ๐—ถ๐˜€ ๐—ผ๐—ป๐—ฒ ๐—บ๐—ผ๐—ป๐—ฒ๐˜† ๐—บ๐—ผ๐˜ƒ๐—ฒ ๐˜†๐—ผ๐˜‚ ๐˜„๐—ถ๐˜€๐—ต ๐˜†๐—ผ๐˜‚ ๐—ฐ๐—ผ๐˜‚๐—น๐—ฑ ๐˜๐—ฎ๐—ธ๐—ฒ ๐—ฏ๐—ฎ๐—ฐ๐—ธ?

It's probably on this list of spending decisions that haunt Americans long after Halloween.

https://www.nerdwallet.com/finance/studies/2026-financial-regrets-study

10/22/2026

๐—–๐—ฎ๐—ป ๐—–๐—ต๐—ฎ๐˜๐—š๐—ฃ๐—ง ๐—ฐ๐—ฎ๐—น๐—ฐ๐˜‚๐—น๐—ฎ๐˜๐—ฒ ๐—ต๐—ผ๐˜„ ๐—บ๐˜‚๐—ฐ๐—ต ๐—œ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ผ๐—ณ๐—ณ๐—ฒ๐—ฟ ๐˜๐—ต๐—ฒ ๐—œ๐—ฅ๐—ฆ ๐˜๐—ผ ๐˜€๐—ฒ๐˜๐˜๐—น๐—ฒ ๐—บ๐˜† ๐˜๐—ฎ๐˜… ๐—ฑ๐—ฒ๐—ฏ๐˜?

It can give you an estimate, but that number could be quite different from what the IRS would actually consider.

Why? Let's say you have a $1,200 monthly car payment.

You tell ChatGPT your income and expenses, and it subtracts that entire $1,200 when calculating how much you can afford to pay the IRS.

But the IRS has its own allowable living expense standards. It may only recognize a portion of that car payment unless you can document why an exception applies.

That difference affects your disposable income, which is part of how the IRS determines whether to accept an Offer in Compromise.

And a settlement offer based on the wrong numbers could mean paying an application fee and initial payment without resolving your tax debt.

Thinking about an IRS settlement? ๐—–๐—ผ๐—บ๐—บ๐—ฒ๐—ป๐˜ ๐—ข๐—™๐—™๐—˜๐—ฅ ๐—ฏ๐—ฒ๐—น๐—ผ๐˜„. We'll review your actual allowable expenses and calculate a realistic settlement number the IRS is likely to approve.

๐—–๐—ฎ๐—ป ๐—–๐—ต๐—ฎ๐˜๐—š๐—ฃ๐—ง ๐—ฎ๐—ฐ๐—ฐ๐˜‚๐—ฟ๐—ฎ๐˜๐—ฒ๐—น๐˜† ๐—ฐ๐—ฎ๐—น๐—ฐ๐˜‚๐—น๐—ฎ๐˜๐—ฒ ๐—บ๐˜† ๐—œ๐—ฅ๐—ฆ ๐˜€๐—ฒ๐˜๐˜๐—น๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐—ณ ๐—œ ๐—ผ๐˜„๐—ป ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ ๐˜„๐—ถ๐˜๐—ต ๐—ฎ ๐˜€๐—ฝ๐—ผ๐˜‚๐˜€๐—ฒ ๐˜„๐—ต๐—ผ ๐—ฑ๐—ผ๐—ฒ๐˜€๐—ป'๐˜ ๐—ผ๐˜„๐—ฒ ๐˜๐—ต๐—ฒ ๐˜๐—ฎ๐˜… ๐—ฑ๐—ฒ๐—ฏ๐˜?ChatGPT us...
10/21/2026

๐—–๐—ฎ๐—ป ๐—–๐—ต๐—ฎ๐˜๐—š๐—ฃ๐—ง ๐—ฎ๐—ฐ๐—ฐ๐˜‚๐—ฟ๐—ฎ๐˜๐—ฒ๐—น๐˜† ๐—ฐ๐—ฎ๐—น๐—ฐ๐˜‚๐—น๐—ฎ๐˜๐—ฒ ๐—บ๐˜† ๐—œ๐—ฅ๐—ฆ ๐˜€๐—ฒ๐˜๐˜๐—น๐—ฒ๐—บ๐—ฒ๐—ป๐˜ ๐—ถ๐—ณ ๐—œ ๐—ผ๐˜„๐—ป ๐—ฎ ๐—ต๐—ผ๐—บ๐—ฒ ๐˜„๐—ถ๐˜๐—ต ๐—ฎ ๐˜€๐—ฝ๐—ผ๐˜‚๐˜€๐—ฒ ๐˜„๐—ต๐—ผ ๐—ฑ๐—ผ๐—ฒ๐˜€๐—ป'๐˜ ๐—ผ๐˜„๐—ฒ ๐˜๐—ต๐—ฒ ๐˜๐—ฎ๐˜… ๐—ฑ๐—ฒ๐—ฏ๐˜?

ChatGPT usually defaults to basic math (dividing your equity in half), but figuring out how much home equity the IRS can actually count toward your settlement is far more complex.

An AI tool can't accurately calculate this because it can't evaluate:
1. Your actual mortgage balance and payoff terms
2. Priority liens filed against the property
3. How your deed is titled and your spouse's legal ownership interest
4. IRS-specific valuation rules (like the Quick Sale Value discount)
5. State property laws governing marital assets (such as Tenancy by the Entirety or Community Property)

Those details matter because the IRS uses strict formulas to determine available equity.

If ChatGPT gets your available equity wrong, you could submit an offer the IRS rejects outright. Or worse, offer thousands of dollars more than the IRS is legally entitled to collect.

An AI chatbot can't read your deed or verify county records. When I review a potential settlement, I analyze the actual property and lien records before determining what equity should legally count.

If you're considering an IRS settlement and own property with a spouse who doesn't owe the tax debt, comment ๐—˜๐—ค๐—จ๐—œ๐—ง๐—ฌ below. We can review how your ownership and property equity will actually affect the amount you offer the IRS.

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