Taxes

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...

Understanding IRS NFT Reporting Requirements and Compliance 

Key Takeaways:  The IRS classifies NFTs as digital assets and requires brokers to report NFT transactions under new tax rules...

What you need to know

Recent developments in payment platforms and tax regulations have brought increased attention to the IRS reporting requirements triggered by lower...

IRS Staffing and Service Concerns 

Key Takeaways: The Trump administration’s downsizing initiative aims to cut nearly half of IRS staff, drastically reducing the agency’s workforce...

The Telecom/Tech Company’s Checklist to Building a Tax Compliance Process

As digital products and technology platforms evolve, so do the complexities around how they’re taxed. From bundled services to shifting...