Tax fraud scams continue to evolve, becoming more sophisticated each year. In 2025, scammers are leveraging new technologies, including artificial intelligence and social media, to deceive taxpayers. The consequences of falling victim to tax fraud can be severe, ranging from identity theft to financial loss and legal complications. Understanding how these scams operate and taking […]
The Pros and Cons of Filing Taxes Early vs. Waiting
As tax season approaches each year, one of the most common decisions taxpayers face is whether to file their taxes early or wait until closer to the deadline. While there is no one-size-fits-all approach, understanding the pros and cons of each option can help individuals make an informed decision that suits their unique situation. This […]
Where to File and Pay Taxes as a Digital Nomad
The rise of digital nomadism has transformed how people work, allowing individuals to earn an income while traveling the world. However, while the freedom to work from anywhere is appealing, it also raises complex tax questions. Digital nomads must determine where they are required to file taxes, which country has the right to tax their […]
Ask Phil: Important IRS Online Account Updates
Today, Optima Tax Relief Lead Tax Attorney, Phil, is breaking down why every taxpayer should create an IRS online account, especially heading into tax season. Why Create an IRS Online Account An IRS online account gives you secure access to your tax information anytime, without needing to call or wait for the mail. Through your […]
What is Imputed Income?
While you may not have heard of the term “imputed income,” chances are that you might be receiving it from an employer. Imputed income is essentially non-cash goods or services that you receive from your employer as a form of income. Many people think of taxable income as only the money they receive in their […]