Dealing with tax debt can be an overwhelming experience, especially when facing IRS collection actions such as wage garnishments, tax liens, or bank levies. Optima Tax Relief provides professional assistance to individuals struggling with tax issues, helping them find the best possible solutions to resolve their tax debt. With a team of experienced tax professionals, […]
How to Safeguard Against Tax Scams
Tax season brings heightened anxiety for many taxpayers, and scammers are ready to take advantage of that stress. Each year, thousands of individuals fall victim to tax-related scams, leading to financial loss and stolen personal information. The IRS continuously warns the public about these fraudulent activities, but criminals continue to evolve their tactics. Understanding how […]
Optima Newsletter – April 2025
When Does the IRS Pay Interest on Tax Refunds? The IRS typically processes tax refunds quickly, but in some cases, there can be delays. When these delays occur, taxpayers might wonder if they’re entitled to interest on their refund. The IRS does pay interest on tax refunds under specific circumstances. However, the rules governing when […]
Understanding the Tax Relief for American Families and Workers Act of 2024
The Tax Relief for American Families and Workers Act of 2024 was designed to provide financial relief to families, workers, and businesses. It aimed to expand tax credits, adjust eligibility rules, and introduce new incentives to support economic stability. While the bill passed in the House of Representatives in 2024, it did not pass in […]
Should I Amend My Tax Return?
Filing a tax return can be a complex process, and even the most diligent taxpayers sometimes make mistakes or overlook important details. Fortunately, the IRS allows individuals to correct errors by filing an amended tax return. However, amending a return is not always necessary or beneficial. Understanding when to amend, how to do so, and […]