Real Estate Agents — Texas
Texas real estate agents are operating in some of the fastest-moving markets in the country. Commission checks from closings in Austin, Dallas, and Houston add up quickly, but so do the deductions you’re probably missing. Vehicle mileage, staging costs, MLS fees, marketing spend, and continuing education all reduce your taxable income when they’re tracked properly from the start.
Business Management Services
- Bill Payment & Scheduling — Timely vendor and personal bill payments organized and tracked.
- Unpaid Income Tracking — Monitoring outstanding receivables and making sure you collect what you’re owed.
- Receivables & Collections — Systematic follow-up on overdue payments from agencies and clients.
- Financial Reconciliation — Monthly bank and credit card statement reconciliation for accuracy.
- Monthly Financial Reporting — Clear reports showing income and net position each month.
- Investment Coordination — Coordinating with your financial advisors to align tax and investment strategy.
Tax & Compliance Services
- Individual Tax Returns — Federal returns built around your commission income, with no Texas state income tax cutting into your earnings.
- Business Tax Returns — S-Corp, LLC, and partnership returns filed accurately and on time.
- Bookkeeping — Year-round transaction categorization so your books are always tax-ready.
- Payroll Compliance — W-2 and 1099 processing, withholding calculations, and quarterly filings.
- Tax Strategy & Consulting — Year-round planning to reduce your effective tax rate.
- Entity Formation — Choosing and forming the right business structure for liability and tax efficiency.
- Contract Analysis — Reviewing contracts for tax implications, payment terms, and proper classification.
Why Real Estate Agents in Texas Choose Reed Corporation
Most agents are independent contractors filing Schedule C, which means you owe self-employment tax on top of federal income tax. That is 15.3% before you even get to your bracket. Quarterly estimated payments, proper expense categorization, and the qualified business income deduction under Section 199A can make a real difference. But if your books are messy, you lose those deductions at filing time.
We work with agents across Texas metro markets and understand what your expense profile actually looks like. That includes the IRS standard mileage rate for client showings, home office deductions for your listing prep space, advertising costs from Zillow to Instagram, and the technology subscriptions you pay monthly. We also help you advise clients on property tax protests, since Texas rates averaging 1.60% are often the first thing buyers ask about.
Your commission income has no ceiling, and in Texas, no state tax takes a cut. Keeping your federal liability as low as legally possible means more of that income stays with you. That is what a CPA focused on real estate professionals actually delivers.
Need Help with Your Tax Return?
Start with a fee estimate, or request a consultation if you’re ready to engage.
Sources and Further Reading
IRS – Schedule C (Form 1040)Profit or loss reporting for sole proprietors and independent contractors
IRS – Standard Mileage RatesCurrent and historical IRS mileage reimbursement rates for business vehicle use
Texas Comptroller – Property Tax ProtestsHow Texas property owners can protest appraised values and reduce their tax burden
IRS Publication 587 – Business Use of Your HomeRules and calculation methods for the home office deduction
IRS – Qualified Business Income DeductionSection 199A deduction rules for pass-through business income
Texas Real Estate Commission (TREC)Licensing requirements, continuing education rules, and regulatory updates for Texas agents