Ask Phil Video Series

Today, Optima Tax Relief Lead Tax Attorney, Phil, discusses how Optima Tax Relief can help struggling taxpayers who owe.   If you’re a taxpayer who has tax debt and has explored tax relief options, odds are you’ve come across Optima Tax Relief’s services. Perhaps you heard a commercial on the radio or read client testimonials, […]

Today, Optima Tax Relief Lead Tax Attorney, Phil, answers a common question: “Can I haggle with the IRS?”  While negotiating with the IRS can be complex, taxpayers have options and rights that provide some level of negotiating power. The extent of a taxpayer’s negotiating power largely depends on their financial situation, the type of tax […]

Today, Optima Tax Relief Lead Tax Attorney, Phil, answers a common question: “How do I get my IRS debt forgiven?”  What is Tax Debt Forgiveness?   If you want to reduce your tax liability with the IRS, you have some options.   Audit Reconsideration  Audit reconsideration is a process offered by the IRS that allows […]

Today, Optima Tax Relief Lead Tax Attorney, Phil, gives his insights on the best way to pay off tax debt.  Withhold the Correct Amount  Ensure your employer withholds the correct amount of federal income tax from your paycheck based on your Form W-4. If you’re self-employed, be sure to use Form 1040-ES to make estimated […]

Today, Optima Tax Relief Lead Tax Attorney, Phil, discusses each of the three IRS 6-year rules.   Underreporting Income by Over 25%  If you underreport your income by over 25%, the IRS has six years from the date the return was filed to assess additional taxes, instead of the usual three years. The 25% threshold is […]

Today, Optima Tax Relief Lead Tax Attorney, Phil, discusses OIC mills, including what they are and how to avoid being victimized by them.  What is an OIC?  An Offer in Compromise (OIC) is a program offered by the IRS that allows taxpayers to settle their tax debt for less than the full amount owed. This […]