Most Recent Manage Money News

Tax Relief for Seniors: IRS Programs You Should Know

Tax Relief for Seniors: IRS Programs You Should Know

Key Takeaways  Tax relief for seniors can include deductions, credits, free tax preparation, penalty relief, payment plans, Offers in Compromise,...

  • 88
IRS Interest Rates Remain the Same for Q4 2026: What Taxpayers Need to Know

IRS Interest Rates Remain the Same for Q4 2026: What Taxpayers Need to Know

The Internal Revenue Service (IRS) announced on August 21, 2026, that interest rates will remain unchanged for the fourth quarter...

  • 67
New Optima Tax Relief Annual Report Finds Taxpayers See a Quieter IRS—But Automated Enforcement Is Still Reaching Them

New Optima Tax Relief Annual Report Finds Taxpayers See a Quieter IRS—But Automated Enforcement Is Still Reaching Them

Annual report examines the retreat in IRS enforcement capacity, growing taxpayer skepticism, and what ultimately prompts taxpayers to address unresolved...

  • 221
My Offer in Compromise was Rejected. Now What?

My Offer in Compromise was Rejected. Now What?

Key Takeaways  An OIC rejection is different from an OIC return. A rejection generally means the IRS reviewed the offer...

  • 192
Tax Lawyer for Small Tax Debt: Is It Worth It?

Tax Lawyer for Small Tax Debt: Is It Worth It?

Key Takeaways   A tax lawyer for small tax debt may not be necessary if you agree with the IRS...

  • 70
Government Employee Tax Benefits Explained

Government Employee Tax Benefits Explained

Key Takeaways  Government employees pay federal income tax just like private sector workers; there is no blanket tax exemption for...

  • 158
Are GoFundMe Donations Taxable? | Optima Tax Relief

Are GoFundMe Donations Taxable? | Optima Tax Relief

Key Takeaways Personal fundraisers (medical bills, disaster relief, funerals, tuition) are generally a nontaxable gift. Business or reward-based campaigns are...

  • 72
Tax Reporting for Crypto and Digital Assets

Tax Reporting for Crypto and Digital Assets

Key Takeaways   The IRS generally treats cryptocurrency and other digital assets as property, so selling, exchanging, spending, or receiving crypto...

  • 81
Optima Newsletter-September

Optima Newsletter-September

What Tax Bracket Am I In? Complete 2026 Guide Understanding your 2026 tax bracket can help you estimate your federal...

  • 82
2026 IRS Mileage Rates | Optima Tax Relief

2026 IRS Mileage Rates | Optima Tax Relief

Key Takeaways  The 2026 IRS mileage rates are 76¢ per mile for business driving and 23.5¢ per mile for medical...

  • 82