What Is the Alternative Minimum Tax (AMT)?
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What Is the Alternative Minimum Tax (AMT)?

Dec 7, 2025

As taxpayers, we are accustomed to navigating the complex web of tax laws and regulations. One aspect that often takes individuals and businesses by surprise is the Alternative Minimum Tax...

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Can You Use Your 401(k) to Pay Off Tax Debt Without Penalty?  Optima Tax Relief
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Can You Use Your 401(k) to Pay Off Tax Debt Without Penalty?  Optima Tax Relief

Dec 6, 2025

Key Takeaways   Accessing your 401(k) to pay IRS tax debt is possible, but early withdrawals typically trigger income taxes and a 10% penalty, making it a costly solution.  Hardship distributions...

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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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