Customer-first approach earns continued recognition for service excellence Optima Tax Relief, the nation’s leading tax resolution firm, has been honored...
Key Takeaways Understanding therapist tax deductions helps reduce taxable income and reinvest in your practice. Ordinary and necessary expenses, like...
Key Takeaways Schedule C returns face higher audit risk because income and deductions are self-reported, making even small errors easy...
Optima Tax Relief’s Chief Tax Officer and Lead Tax Attorney, Philip Hwang, recently appeared on the Tax Notes podcast to...
Key Takeaways The IRS Automated Collection System (ACS) is the primary centralized program used to manage millions of delinquent tax...
Key Takeaways Incarceration does not eliminate tax filing requirements. Whether incarcerated individuals must file taxes depends on income, filing status, and the...
Key Takeaways Ignoring IRS tax debt does not stop collection efforts; it allows penalties, interest, and enforcement actions to escalate...
Key Takeaways Unfiled taxes can be fixed, but delay increases costs and risk. The IRS typically treats voluntary compliance more...
Optima Tax Relief announced today that Philip Hwang, its Chief Tax Officer and Lead Tax Attorney, has been appointed National...
Key Takeaways Safe harbor tax rules protect against IRS underpayment penalties, not balances owed, by meeting specific payment thresholds during...
