Article from January 2026

Are Incarcerated Individuals Required to File Taxes?

Many people believe that incarceration automatically removes a person’s obligation to file taxes. This assumption is understandable, but it is incorrect. The IRS does not exempt individuals from federal tax responsibilities simply because they are incarcerated. Instead, tax filing requirements depend on income, filing status, and the specific tax year in question, just as they […]

Schedule C Mistakes That Trigger IRS Audits 

Filing Schedule C is unavoidable for sole proprietors, freelancers, and gig workers—but it also places your tax return under closer IRS scrutiny. Because Schedule C relies heavily on self-reported income and deductions, even small mistakes can raise red flags. In fact, many IRS audits involving Schedule C returns stem from common mistakes on Schedule C, not intentional […]

Chief Tax Officer and Lead Tax Attorney at Optima Tax Relief, Phil Hwang, Appointed National Chair of IRS Taxpayer Advocacy Panel

Optima Tax Relief announced today that Philip Hwang, its Chief Tax Officer and Lead Tax Attorney, has been appointed National Chair of the Taxpayer Advocacy Panel (TAP) for 2026. TAP is a Federal Advisory Committee to the Internal Revenue Service (IRS), composed of approximately 75 citizen volunteers who listen to taxpayers, identify issues, and provide […]

Forgot to File Taxes for 3+ Years? Here’s What to Do 

Forgot to File Taxes for 3+ Years? Here’s What to Do  Forgetting to file taxes for several years is far more common than most people are willing to admit. Changes in employment, self-employment income, financial hardship, divorce, illness, or simply not understanding filing requirements can easily lead to multiple unfiled returns. Unfortunately, once one year is […]