Optima NewsletterAuthored by Deanna Aldayyat, Content and PR Specialist
What Tax Bracket Am I In? Complete 2026 Guide
Understanding your 2026 tax bracket can help you estimate your federal income tax, evaluate the effect of a raise or bonus, and make informed decisions about deductions and other tax-planning strategies. This guide explains the 2026 federal tax brackets, how to determine which bracket you fall into, and what your tax bracket actually means for your tax bill.
IRS Tax Compliance Report What It Shows and Why It Matters
CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang explain how Tax Compliance Reports confirm whether you’ve filed returns and paid taxes on time, who can request them, and how they differ from tax transcripts.
What is Form 1099-K?
If you sell products online, run a side hustle, accept credit card payments, or receive payments through certain third-party platforms, you may receive a Form 1099-K at tax time. The form can be confusing because the amount listed on it is not necessarily the same as your taxable income.
Do I Have To Pay Taxes On FEMA Money?
Natural disasters can create significant financial challenges, especially when a home, vehicle, personal belongings, or other property is damaged or destroyed. If you receive financial assistance from the Federal Emergency Management Agency (FEMA), you may wonder how that money affects your federal income taxes.