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Tax and IRS NewsPublished on Aug 25, 2022
More than half of the $80 billion Inflation Reduction Act will be spent on IRS enforcement. This specifically means collecting back taxes, conducting criminal investigations, monitoring digital assets, obtaining legal support and hiring thousands of new IRS auditors. How many auditors will […]
Tax Help VideosPublished on Aug 23, 2022
CEO David King and Lead Tax Attorney Philip Hwang provide helpful insight on what payroll tax is and how it can affect you.
Tax and IRS NewsPublished on Aug 19, 2022
Between the inflation, the pandemic, and the Inflation Reduction Act, now is a scary time to owe back taxes. The bill has passed, granting the IRS $80 billion dollars in funds for their activity. Consequently, we’re expecting a massive increase in the […]
Tax and IRS NewsPublished on Aug 18, 2022
From a pandemic to inflation, American taxpayers haven’t been able to catch a break since 2020. To combat the current state of the economy, Senate has passed a new bill with a ten-year plan. The Inflation Reduction Act is being sent to […]
Small BusinessesPublished on Aug 16, 2022
Small business loans can be helpful and sometimes necessary in order to continue or expand a business. There are several types of loans available to small businesses, each with their own sets of pros and cons. Term Loans One of the most […]
Taxes & Your SavingsPublished on Aug 12, 2022
Renting out your property as an Airbnb can be a good way to secure residual income. While Airbnb may send you a tax form at the end of the year. It’s important to understand your tax responsibilities to check for errors and […]
Tax and IRS NewsPublished on Aug 10, 2022
Student loan debt is still on the rise and new developments regarding repayment and forgiveness have unfolded recently. President Biden will announce his plan for student loan forgiveness and repayment by the end of August 2022. Student Loan Payment Pause Loan […]
Taxes & Your SavingsPublished on Aug 9, 2022
The world of investments can be intimidating, especially for young adults and college students. However, it is known that one of the best ways to build long-term wealth is to start investing early. Doing will allow your money to compound interest for […]
Tax Help VideosPublished on Aug 9, 2022
With a massive increase in taxpayers filing for an extension, what does this mean for people who owe? How does the extension deadline work? Hosts CEO David King and Lead Tax Attorney Philip Hwang discuss these details and more in this week’s […]
Optima NewsletterPublished on Jul 29, 2022
How the Economy and Inflation Affect Your Taxes The IRS updates certain tax provisions annually to account for inflation, so your tax and investment plans should change accordingly. How to Avoid Having Your Tax Refund Garnished CEO David King and Lead Tax […]
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