The IRS is Auditing My Crypto. Now What?
Feb 1, 2025The rise of cryptocurrency has brought unique challenges to the tax filing process. As digital currencies like Bitcoin, Ethereum, and...
- 129
Most Recent Manage Money News
Manage Money
Is Overtime Pay Taxed? | Optima Tax Relief
Jan 28, 2025Overtime pay is an integral part of many workers’ compensation packages, offering earnings for putting in extra hours beyond the...
- 142
Manage Money
How Does a Home Foreclosure Affect Your Taxes?
Jan 27, 2025Home foreclosure is a difficult and often overwhelming experience. Beyond the emotional and financial strain of losing your home, a...
- 128
Manage Money
Can the IRS Suspend Your Licenses?
Jan 23, 2025The IRS holds significant power when it comes to enforcing tax compliance. From wage garnishments to levies on property, the...
- 137
Manage Money
What is a Trust Fund Recovery Penalty?
Jan 22, 2025The Trust Fund Recovery Penalty (TFRP) is an enforcement tool used by the IRS to ensure the proper handling of...
- 133
Manage Money
How to File Taxes If Your Spouse or Dependent is Incarcerated
Jan 18, 2025Filing taxes can be a complex process, and it becomes even more challenging when your spouse or dependent is incarcerated....
- 131
Manage Money
Are Wedding Expenses Tax Deductible?
Jan 17, 2025Weddings are significant life events, often accompanied by substantial expenses. As couples plan their big day, a common question arises:...
- 138
Manage Money
What To Do If You Receive IRS Notice CP14
Jan 14, 2025Receiving an IRS Notice CP14 can be stressful, but understanding what it means and how to respond is the first...
- 147
Manage Money
What are Qualified Charitable Distributions?
Jan 11, 2025Qualified Charitable Distributions (QCDs) are a powerful tax planning tool for individuals who wish to support charitable organizations while managing...
- 137
Manage Money
2024 Q4 Estimated Tax Payments Are Due. Are You Prepared?
Jan 10, 2025Estimated tax payments play a critical role in helping taxpayers meet their annual tax obligations. For many individuals, including the...
- 126
