Filing Taxes When You Work Abroad for a U.S. Company  Optima Tax Relief
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Filing Taxes When You Work Abroad for a U.S. Company  Optima Tax Relief

Dec 5, 2025

Key Takeaways  U.S. citizens and resident aliens must file taxes on worldwide income, even when living abroad.  Employment type, likeW-2 employee, foreign subsidiary worker, or independent contractor, affects reporting and tax obligations.  Foreign...

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Does Bankruptcy Clear Tax Debt?  Optima Tax Relief
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Does Bankruptcy Clear Tax Debt?  Optima Tax Relief

Dec 4, 2025

Key Takeaways  Bankruptcy can clear older income tax debt only when strict rules are met, including the 3–2–240 timing requirements and proper filing history.  Payroll taxes, trust fund taxes, recent...

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What is IRS Form 1040? 
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What is IRS Form 1040? 

Dec 3, 2025

Key Takeaways  IRS Form 1040 is the primary U.S. individual income tax return, used to report income, claim deductions and credits, and calculate taxes owed or refunds due.  Most taxpayers...

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