Taxes
IRS Interest Rates Hold Steady for Q1 2026
The Internal Revenue Service (IRS) has announced that interest rates will remain unchanged for the first quarter of 2026, beginning...
Ecommerce Takes the High Ground in Cyber Week Shopping
A new era for holiday retail For years experts have protected that one day ecommerce would surpass brick- and-mortar retail...
What Is the Alternative Minimum Tax (AMT)?
As taxpayers, we are accustomed to navigating the complex web of tax laws and regulations. One aspect that often takes...
Can You Use Your 401(k) to Pay Off Tax Debt Without Penalty? Optima Tax Relief
Key Takeaways Accessing your 401(k) to pay IRS tax debt is possible, but early withdrawals typically trigger income taxes and...
On Which Grocery Items Do You Pay Sales Tax?
Understanding How Food Sales Tax Works Across States Food’s everywhere this time of year, and so are the sales taxes...
What is IRS Form 1040?
Key Takeaways IRS Form 1040 is the primary U.S. individual income tax return, used to report income, claim deductions and...
How to File Back Taxes with Missing W-2s or 1099s
Key Takeaways You can still file back taxes even with missing W-2s or 1099s; the IRS requires you to file using...
Why Was My Offer in Compromise Rejected? Optima Tax Relief
Key Takeaways An Offer in Compromise allows taxpayers to settle IRS debt for less than they owe, but approval depends...
Sales Tax Concerns of Coming Holiday Season
The High-Stakes Holiday Shopping Environment Holiday shopping season is the playoffs for retailers; Everything must work perfectly, from the warehouse...
What is Audit Reconsideration? | Optima Tax Relief
Key Takeaways Audit reconsideration lets taxpayers challenge a completed IRS audit without going through Appeals or Tax Court, offering a...
IRS Revenue Officer vs Revenue Agent: What’s the Difference?
The IRS plays a critical role in ensuring that taxpayers comply with U.S. tax laws. Within the IRS, various professionals...
Strange Ideas New Customers Have About Sales Tax
Everybody who enters business knows all about taxes. They just don’t know about every tax. One glaring omission, surprising especially from business...
