Taxes

How Does Self-Employment Tax Work? 

If you’re self-employed, you likely know that managing your taxes can feel more complicated than simply having an employer deduct...

Are Political Donations Tax Deductible? 

Political donations are a vital part of democratic systems, empowering individuals to support their preferred candidates, parties, and causes. As...

Sales Tax Highlights of October 2024

There’s always something changing in the world of sales tax. Here’s a review of some of the recent updates. (more…)

The IRS Filed a Substitute for Return. Now What? 

One of the most significant obligations U.S. taxpayers have is to file an annual federal tax return. However, life gets...

Keeping SST benefits – including freebies – isn’t automatic

Wouldn’t it be great if you, a seller in multiple states, could get free sales tax calculation and reporting? (more…)

How to Earn Money as an IRS Whistleblower 

The IRS Whistleblower Program is an initiative that rewards individuals who report tax noncompliance to the IRS, potentially leading to...

The Hidden World of Sales Tax Crimes

Income tax often seems to grab most of the headlines, but sales tax can make for a hefty crime –...

Which States Have No Income Tax? 

As tax season approaches, individuals and businesses alike are often searching for ways to minimize their tax burden. One way...

States’ tax websites and sales tax searches

Search engines have conditioned all of us to find what we need to know with a few clicks. But not...

How Tax Relief Works | Optima Tax Relief

Owing the IRS can be one of the most stressful situations a taxpayer can face. Recent data shows that American...

Defining tech products and services for tax and regulatory compliance – part 1

Information technology companies face a special challenge in sales tax and regulatory compliance, chiefly because of what you sell and...

Is Debt Canceled Through an OIC Taxable? 

When taxpayers struggle with large amounts of tax debt, an Offer in Compromise (OIC) can offer a much-needed lifeline. This...