Loading Tax News…
Loading Tax News…Page 13 of 92
Tax ReturnsPublished on Mar 29, 2026
For small business owners, figuring out taxes can often be complicated. Among the many forms and documents required by the IRS, Schedule C stands out as a vital component for sole proprietors and single-member LLCs. It’s the key to reporting income and […]
Ask Phil Video SeriesPublished on Mar 27, 2026
Optima Tax Relief’s Chief Tax Officer and Lead Tax Attorney, Phil, answers another tax question from Reddit: “I just received an IRS letter saying I owe $23,000 for 2019 and 2020 taxes I never filed. Has anyone successfully negotiated this down?” How […]
Tax PlanningPublished on Mar 26, 2026
Filing a tax extension can feel like a lifesaver when you’re running out of time—but it’s also one of the most misunderstood parts of the tax process. Many taxpayers assume an extension eliminates urgency, when in reality, it simply shifts the timeline for filing—not paying. As a result, a […]
Tax Relief SolutionsPublished on Mar 25, 2026
A federal tax lien is the government’s legal claim against your property when you fail to pay a tax debt. It can attach to your assets, including real estate, personal property, and financial assets, significantly affecting your ability to sell assets, secure financing, and conduct real […]
Tax Relief SolutionsPublished on Mar 24, 2026
When you’re facing IRS problems whether it’s back taxes, wage garnishments, liens, or an audit, the decision between hiring a tax lawyer or a tax relief company can feel overwhelming. While both options offer valuable assistance, they serve very different purposes. Understanding these differences is essential, because choosing the wrong type of […]
Tax Relief SolutionsPublished on Mar 23, 2026
When taxpayers owe the IRS a significant amount of money, the agency may place a federal tax lien on their assets. This lien serves as a legal claim against a taxpayer’s property, making it difficult to secure loans, refinance a mortgage, or sell assets. However, the IRS offers […]
Taxes & Your SavingsPublished on Mar 22, 2026
Filing your taxes without essential documents like a W-2 or 1099-R can feel overwhelming—but it doesn’t have to be. The IRS provides a solution in the form of form 4852, which allows taxpayers to report income and withholding when official forms are missing or incorrect. Whether […]
Tax PlanningPublished on Mar 22, 2026
Form 1098-T is an important tax document for students and parents navigating education-related tax benefits. Issued by eligible educational institutions, this form provides details on tuition and related expenses. It is meant to help taxpayers determine their eligibility for valuable tax credits. Understanding Form […]
Ask Phil Video SeriesPublished on Mar 20, 2026
Optima Tax Relief’s Chief Tax Officer and Lead Tax Attorney, Phil, answers another question from Reddit about getting back into tax compliance. In this case, the taxpayer hasn’t filed taxes in 10 years and was told by an enrolled agent that they likely only need to […]
Tax PlanningPublished on Mar 19, 2026
Capital losses are one of the most important and often misunderstood concepts in tax planning and investing. Whether you’re trading stocks, selling real estate, or managing a diversified portfolio, understanding capital losses can help you minimize your tax burden and make smarter financial decisions. At a […]
Free consultation
Schedule a free consultation with our tax professionals and take the first step toward resolving your tax issues.
