Taxes

What Happens If You Don’t Respond to a CP504?

Key Takeaways  An IRS CP504 notice warns that you have an unpaid tax liability and that the IRS may take...

Is Your Sales Tax Compliance a Nightmare? 5 Scary Mistakes to Avoid

Sales tax compliance can be frightening when you don't know where your risks lie. From keeping up with changing state...

Synchrony Bank Savings Account $100 Bonus via Rakuten — My Money Blog

Shopping cashback portal Rakuten is offering a new account bonus the Synchrony Bank High Yield Savings Account, which has no...

Why Taxpayers Wait to Resolve Tax Problems: Insights From Optima Tax Relief’s 2025 Annual Report

Key Takeaways   88% of surveyed taxpayers could not confidently say what to do about their tax problem, including 53% who...

Optima Tax Shield: Tax Help for Victims of Tax Identity Theft

Key Takeaways   Tax identity theft occurs when someone uses your Social Security number (SSN), Individual Taxpayer Identification Number (ITIN), or...

2026 IRS Notice Guide: What Each Notice Means

Key Takeaways  IRS notices do not automatically mean you are being audited. The IRS may send a notice to report...

Sam’s Club Plus now includes Walmart+ Membership Bundled — My Money Blog

The higher “Plus” tier of Sam’s Club membership (regularly $120 a year) now includes Walmart+ membership at no additional cost...

What Businesses Need to Know

If your business uses Shopify Tax's automated filing service to manage sales tax returns, it's time to start planning for...

IRS Enforcement Is Changing: Why Tax Notices Still Matter in 2026

Key Takeaways   The IRS lost roughly 30% of its workforce between January 2025 and January 2026, with 31,273 separations taking...

The Millionaires Are [Still] Small Business Owners Next Door — My Money Blog

When I was starting out financially, one of the hot books was The Millionaire Next Door: The Surprising Secrets of...

Do Taxpayers Who Owe Trust the IRS? Why Many Are Unsure About Enforcement

Key Takeaways  51% of surveyed Optima clients said they did not believe the IRS enforces against most people who owe,...

What Businesses Should Review Before Year-End

Sales tax compliance can become increasingly complex as businesses expand into new states, introduce new products or services, and navigate...