Dealing with taxes as a gig worker can feel overwhelming, especially if you’re new to delivery driving with platforms like DoorDash or Uber Eats. As an independent contractor, it’s crucial to understand your tax obligations to avoid costly surprises. This guide will break down essential tax tips for DoorDash and Uber Eats drivers to help […]
Article from February 2025
What is the Earned Income Tax Credit?
The Earned Income Tax Credit (EITC) is a significant tax benefit designed to support low to moderate-income working individuals and families. Enacted in 1975, the EITC aims to reduce poverty by supplementing the earnings of those in lower-income brackets, encouraging work, and lessening the tax burden on eligible taxpayers. Here’s a closer look at what […]
Optima Newsletter – February 2025
Can the IRS Suspend Your Licenses? From wage garnishments to levies on property, the IRS has a variety of tools to collect unpaid taxes. But can the IRS suspend your professional, business, or driver’s licenses? This article explores the extent of the IRS’s authority, its collaboration with other agencies, and the steps you can take […]