Taxes

What is Schedule R, Tax Credit for Elderly or Disabled?

Key Takeaways of Schedule R Purpose: Schedule R is used to claim the Credit for the Elderly or the Disabled,...

How sales tax calculation systems do – and don’t – work

Sales tax compliance software can seem like a valuable resource to remote sellers who struggle to calculate what they must...

Estate Tax Considerations for Widows

Key Takeaways: Federal estate tax rarely affects widows immediately thanks to the unlimited marital deduction.  The 2025 estate tax exemption...

Excise tax versus sales tax

Soon after you start dealing with sales tax, you’re going to also run into excise tax. What’s the difference? (more…)

Sales tax and streaming services

Remember when “movie night” meant a ticket, a $7 tub of popcorn coated yellow and a fold-down seat that a...

How Freelancers Can Avoid Surprising Tax Bills

The allure of freelancing lies in its flexibility and independence, allowing individuals to pursue their passions while managing their own...

Florida gets rid of sales tax on commercial rent

After a nearly decade-long effort, Florida is getting rid of its sales tax on commercial rent. (more…)

How the IRS Calculates Interest on Tax Debt 

Key Takeaways:  The IRS begins charging interest the day after your tax return is due, even if you file for...

Sales tax holidays for the rest of the year

Your compliance obligations are tough enough given the almost dizzying variety of rates, filing frequencies and other seemingly random details...

Optima Tax Relief Celebrates 14 Years of Service: A Legacy of Taxpayer Advocacy and Impact

Over 100,000 Tax Problems Resolved, Billions in Debt Serviced, and Millions Saved for Americans in Need Optima Tax Relief proudly celebrates...

What’s new in sales tax?

There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent...

Domestic manufacturers’ growth could bring sales tax problems

“Made in America” is back in the headlines. Tariff talk and hard lessons of supply chains during the pandemic are...