Most Recent Manage Money News

2025 IRS Mileage Rates  | Optima Tax Relief

2025 IRS Mileage Rates  | Optima Tax Relief

The IRS mileage rates for 2025 have been announced, and these updates are crucial for taxpayers and businesses that rely...

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What is IRS Penalty Abatement? 

What is IRS Penalty Abatement? 

The IRS imposes penalties on taxpayers for various reasons, including failing to file a tax return on time, failing to...

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What To Do If You Receive IRS Notice CP504 

What To Do If You Receive IRS Notice CP504 

Receiving a notice from the IRS can be intimidating, especially if it’s IRS Notice CP504. This is not just a...

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What is the IRS Fresh Start Program?

What is the IRS Fresh Start Program?

A new year could mean a financial fresh start. The IRS Fresh Start program was created to help struggling taxpayers...

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How to File Past-Due Tax Returns

How to File Past-Due Tax Returns

Life can sometimes throw us curveballs, and as a result, important tasks like filing tax returns can fall through the...

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Penalties for Unfiled Tax Returns & How to Avoid Them 

Penalties for Unfiled Tax Returns & How to Avoid Them 

When you fail to file your tax returns or pay your taxes on time, you may face significant penalties from...

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IRS Announces Interest Rates for Q1 of 2025 

IRS Announces Interest Rates for Q1 of 2025 

The IRS has released its updated interest rates for the first quarter of 2025, bringing important changes that will impact...

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What is the Foreign Earned Income Exclusion? 

What is the Foreign Earned Income Exclusion? 

The Foreign Earned Income Exclusion (FEIE) is a provision in the U.S. tax code that allows eligible taxpayers to exclude...

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What is a Tax Lien? 

What is a Tax Lien? 

A tax lien is a legal claim by a government authority, such as the IRS, against a taxpayer’s property due...

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2025 IRS Tax Inflation Adjustments 

2025 IRS Tax Inflation Adjustments 

The IRS has announced its annual inflation adjustments for 2025, impacting a wide range of tax provisions. These adjustments are...

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