Taxes

How to Stop an IRS Levy

Key Takeaways  An IRS levy allows the agency to seize wages, bank accounts, and other property to collect unpaid taxes,...

What To Do If You Receive IRS Notice CP23

Key Takeaways  IRS Notice CP23 means the IRS found a discrepancy between the estimated tax payments reported on your tax...

Telecom Excise Tax: Federal & Regional Compliance

Telecommunications companies face a complex tax environment that goes well beyond traditional sales tax.  Depending on the services they provide...

Tax Reporting for Crypto and Digital Assets

Key Takeaways   The IRS generally treats cryptocurrency and other digital assets as property, so selling, exchanging, spending, or receiving crypto...

October 15 Tax Deadline Explained: Everything Taxpayers Need to Know

Key Takeaways  October 15, 2026, is the extended federal filing deadline for many taxpayers who timely requested an extension for...

What Businesses Need to Know

Discovering that your business has unpaid or uncollected sales tax can be stressful, especially when the exposure goes back several...

The American Opportunity Credit: A Tax Break for Students

Key Takeaways Credit value: Up to $2,500 per eligible student, per year. Refundable: Up to 40% (max $1,000), even if...

Optima Tax Relief Earns Ninth Consecutive Civic 50 Orange County Award 

National Tax Resolution Firm Recognized for Continued Commitment to Volunteerism, Philanthropy and Community Impact  Optima Tax Relief has once again...

IRS Audit and Appeals Lawyer Explained

Key Takeaways   An IRS audit and appeals lawyer can help taxpayers respond to an IRS audit, dispute proposed adjustments,...

The Hidden Exposure That Can Impact a Deal

Mergers and acquisitions involve many moving pieces. From financial due diligence and legal reviews to operational planning and integration strategy,...

2026 IRS Mileage Rates  | Optima Tax Relief

Key Takeaways  The 2026 IRS mileage rates are 76¢ per mile for business driving and 23.5¢ per mile for medical...

The American Opportunity Credit: A Tax Break for Students

Key Takeaways Credit value: Up to $2,500 per eligible student, per year. Refundable: Up to 40% (max $1,000), even if...