First Year as an Agent? Your Taxes Just Changed Completely.

1099 income. No withholding. Quarterly payments. Self-employment tax. There's a lot nobody tells new agents — and most find out the hard way in April.

Most first-year agents earn their first commission, get excited, and then get a tax bill they didn't see coming. We've watched it happen many times. Our job is to make sure it doesn't happen to you — starting from your very first deal.

Talk to Us Before Your First Commission

A short conversation early on can prevent a painful surprise at tax time. We'll walk you through what to set aside, what to track, and when to pay.

No pressure. No obligation. Just clarity.

New agent tax organizer included

Quarterly payment guidance

First-year deduction checklist

What changed when you got your license

You're Now Self-EmployedYour broker won't withhold a cent. Every commission arrives in full — and the IRS will expect their share from you, not your broker.
Quarterly Payments Are Now Your JobThe IRS expects estimated tax payments four times a year. Miss them and you'll owe interest and penalties on top of the bill itself.
Self-Employment Tax Is a Real NumberOn top of income tax, self-employed agents owe ~15.3% in self-employment tax. Most new agents don't hear about this until their first filing.
But Your Deductions Are Real TooMLS fees, NAR dues, mileage, E&O insurance, marketing, continuing education — there's a solid list of deductions available from day one.

First-Year Setup

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Understanding 1099 vs. W-2 income

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How much to set aside from each commission

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Record-keeping systems from day one

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LLC & entity questions answered simply

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Your first quarterly payment — when and how

Deductions You Shouldn't Miss

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Pre-licensing & exam fees (often deductible)

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MLS fees, NAR & local association dues

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E&O insurance and license renewal fees

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Mileage to showings, offices & closings

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Marketing, photography & business materials

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Continuing education & coaching

Quarterly Tax Planning

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How to calculate your estimated payments

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The four annual deadlines you can't miss

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Adjusting payments as commissions vary

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Avoiding underpayment penalties

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Coordinating with any remaining W-2 income

New Agent Tax Survival Guide

Everything a first-year agent needs to know about taxes — what to set aside, what to deduct, when to pay, and what to watch out for. Written for agents, not accountants.
Download the Guide

What Our Clients Say

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"I have been using Tax Associates for years and Jonathan has always been very thorough and meticulous while doing my taxes. He's quick at responding to my questions and concerns; especially when filing for more than one state."

— Tiffany, Client

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"Jonathan was a consummate professional, always answering any questions and going into depth on areas of concerns. I cannot recommend his services enough!"

— Fritz, Client

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"He goes above and beyond answers, questions and emails almost immediately... Jonathan is amazing and I feel fortunate to have a honest, reliable tax consultant."

— Patricia, Client

Ready to start your first year on the right foot?

Send us a message and we'll get back to you quickly. No obligation, no sales pressure — just straightforward guidance.