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Taxes & Your SavingsPublished on Apr 28, 2024
In today’s digital age, the internet offers incredible opportunities for communication, commerce, and connection. Yet, beneath the surface, there exists a shadowy corner known as the dark web, where illicit activities thrive. Among these dark deeds, tax fraud has emerged as a […]
Tax PlanningPublished on Apr 23, 2024
In the world of taxation, income is broadly categorized into two main types: earned and unearned income. Earned income is derived from active participation in a trade or business. Conversely, unearned income encompasses various sources that don’t require direct effort or labor. […]
Tax Help VideosPublished on Apr 22, 2024
Now that the April tax deadline has passed, you might be wondering, “Where’s my tax refund?” Optima CEO David King and Lead Tax Attorney Philip Hwang explain how you can track your refund, how long you have to collect your refund and […]
Ask Phil Video SeriesPublished on Apr 19, 2024
Today, Optima Tax Relief Lead Tax Attorney, Phil, talks about his three takeaways from the current tax landscape. IRS Interest Rates Could Increase For much of the pandemic, we saw IRS interest rates hold steady. For example, the interest rate accumulating on […]
Taxes & Your SavingsPublished on Apr 18, 2024
Disposable income serves as a key economic indicator. It reflects the financial health and spending power of individuals and households. It represents the money available after taxes, providing a glimpse into how much individuals can spend, save, or invest. However, taxes play […]
Tax ReturnsPublished on Apr 17, 2024
Filing taxes can be a stressful ordeal for many individuals, but for some, the April deadline comes too soon. If you’re one of the many Americans who filed for a tax extension, you’ve gained a little breathing room. However, it’s essential not […]
Tax PlanningPublished on Apr 15, 2024
In an era where remote work is becoming increasingly prevalent, individuals are enjoying the freedom and flexibility that come with working from the comfort of their own homes. However, along with this newfound flexibility comes the responsibility of managing your finances efficiently, […]
Ask Phil Video SeriesPublished on Apr 12, 2024
Today, Phil discusses what options you have if you cannot afford to do your taxes. If you can’t afford to do your taxes, you can check to see if you’re eligible for free tax preparation. You can check out these two sites […]
Taxes & Your SavingsPublished on Apr 11, 2024
Tax deductions can help lower your tax bill and even increase your tax refund on your return. While most people are aware of common deductions like mortgage interest, charitable donations, and medical expenses, there are a plethora of lesser-known expenses that could […]
Tax ReturnsPublished on Apr 10, 2024
Tax season can often be a stressful time for many individuals and families, especially those with limited financial resources or complex tax situations. Fortunately, there exists a vital resource that provides much-needed assistance to these individuals: the Volunteer Income Tax Assistance (VITA) […]
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