Loading Tax News…
Loading Tax News…Taxes & Your SavingsPublished on Jun 20, 2022
There is no shame in needing professional help during tax season. In fact, if you’re able to afford tax assistance or find community resources, you’ll have a better likelihood of accurate returns. Getting your return completed correctly the first time means fewer […]
Taxes & Your SavingsPublished on Jun 1, 2022
While taxes are inevitable, you want to make sure that you’re not paying more than you have to. You can legally reduce your taxes by using strategies that you may not be aware of. Here are some tax reduction strategies from Optima […]
Taxes & Your SavingsPublished on Jan 14, 2022
Employees are usually reimbursed for work-related expenses. When you file or report these expenses, it’s important to make sure the numbers are as accurate as possible. Over-claiming expenses, turning in receipts for unused items, or even spending more than the allowed amount […]
Taxes & Your SavingsPublished on Aug 23, 2021
Tax evasion and fraud is not just a problem for white-collar crime criminals. Filing your taxes, particularly if you have considerable assets or run your own business, can be terribly complex. This means that the line between an aggressive – but legal […]
Taxes & Your SavingsPublished on Aug 12, 2021
Individuals that earned income throughout the tax year have the option to make non-deductible (after-tax) contributions to an IRA and benefit from tax-deferred growth. One of the most common risks that taxpayers take is paying additional taxes when withdrawing their money from […]
Taxes & Your SavingsPublished on Nov 25, 2020
As the spirit of generosity is in the air, companies and employees need to know that holiday bonuses are considered supplemental wages and subject to taxes. Holiday bonuses are viewed by the IRS as compensation, just like paychecks, so taxes need to […]
Taxes & Your SavingsPublished on Sep 3, 2020
Getting a copy of your IRS transcript is easy and can be done entirely via the IRS.gov website. Follow these simple steps to retrieve your tax transcript. Keep in mind that only transcripts for filed taxes are available. For example, if you […]
Taxes & Your SavingsPublished on Aug 4, 2020
Optima Tax Relief provides assistance to individuals struggling with unmanageable IRS tax burdens. To assess your tax situation and determine if you qualify for tax relief, contact us for a free consultation. If you’re debating whether or not to donate to charity, […]
Taxes & Your SavingsPublished on Jul 29, 2020
The United States federal income tax system is operated under a system of voluntary compliance. This innocuous sounding term actually packs quite a potent punch – there is little that is voluntary about the federal tax system, at least where paying taxes […]
Taxes & Your SavingsPublished on Mar 3, 2020
Would you cheat on your taxes? If you said “no,” count yourself in the majority of people who wouldn’t commit tax fraud. According to the Taxpayer Attitude Survey, about 87% of American Taxpayers say that it is not acceptible to cheat on […]
Free consultation
Schedule a free consultation with our tax professionals and take the first step toward resolving your tax issues.
