Most Recent Manage Money News

The Best Bookkeeping Practices to Avoid Tax Trouble 

The Best Bookkeeping Practices to Avoid Tax Trouble 

Key Takeaways:   Know your tax obligations and deadlines, including estimated quarterly payments, to avoid late fees and penalties.  Keep...

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Massachusetts Treasury Check Fraud: $8.8 Million Scheme Leads to Federal Charges 

Massachusetts Treasury Check Fraud: $8.8 Million Scheme Leads to Federal Charges 

In one of the largest Treasury check fraud cases to emerge from Massachusetts, federal authorities have charged eight individuals with...

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Optima Newsletter – September – Optima Tax Relief

Optima Newsletter – September – Optima Tax Relief

Sep 11, 2025 Social Security Survivor Benefits and Taxes: What Widows Should Expect When a spouse passes away, it can...

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How to Respond to IRS Letter 1058: The Final Warning Before a Levy 

How to Respond to IRS Letter 1058: The Final Warning Before a Levy 

Key Takeaways:   IRS Letter 1058 is a final warning: It signals the IRS’s intent to levy your assets, including...

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What Parents of Children with Special Needs Can Deduct 

What Parents of Children with Special Needs Can Deduct 

Key Takeaways:  Parents of children with disabilities can claim special needs deductions for medical expenses, therapies, transportation, home modifications, and...

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What Happens If You Forget to Take Your Required Minimum Distributions (RMDs)? 

What Happens If You Forget to Take Your Required Minimum Distributions (RMDs)? 

Key Takeaways:  Retirement accounts grow tax-deferred, but annual required withdrawals must be taken to avoid penalties.  RMDs apply to most...

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What is the Child Tax Credit? 

What is the Child Tax Credit? 

Key Takeaways:  The Child Tax Credit (CTC) in 2025 is worth up to $2,220 per qualifying child under age 17. ...

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2025 Q3 Estimated Tax Payments Are Due. Are You Prepared? 

2025 Q3 Estimated Tax Payments Are Due. Are You Prepared? 

Key Takeaways:  Estimated tax payments are required for individuals with income not subject to withholding, like self-employed workers, investors, and...

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Optima Tax Relief Earns Eighth Consecutive Civic 50 Orange County Award

Optima Tax Relief Earns Eighth Consecutive Civic 50 Orange County Award

Celebrating Eight Years of Giving Back, Optima Continues to Lead in Volunteerism, Philanthropy and Community Impact Optima Tax Relief has...

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Tax Guide for Self-Employed Personal Trainers 

Tax Guide for Self-Employed Personal Trainers 

Key Takeaways  Employment type matters: Gym employees receive W-2s, while contractors and online trainers file as self-employed and handle their...

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