Taxes
Biden Announces Student Loan Forgiveness Plan
September 1, 2022 President Biden has announced his three-part student loan forgiveness plan that aims to provide relief to student...
Tax Implications of Owning Rental Property
Whether you intended to be a landlord or you fell into it because you had vacant property you couldn’t or...
Inflation Reduction Act Part IV: More Audits, More Tax Collection
August 30, 2022 We know that an increased budget for enforcement will lead to more audits. More audits mean more...
Optima Newsletter – August: What is the Inflation Reduction Act?
August 29, 2022 What is the Inflation Reduction Act? From a pandemic to inflation, American taxpayers haven’t been able to...
Hobby Income vs. Business Income: What’s the Tax Difference?
If your hobby earns you income, the IRS wants to know about it. But how do you report hobby income...
How to Change Your Business Name
Your small business is your baby and choosing the right name for it is a big deal. But what happens...
6 Ways to Maximize Your 401(k) or IRA Plan Contributions
One of the best money moves you can make this year is to maximize Your 401(k) or IRA Plan Contributions...
Inflation Reduction Act Part III: More Auditors, More Audits
August 25, 2022 More than half of the $80 billion Inflation Reduction Act will be spent on IRS enforcement, including...
5 reasons you need continuity in a sales tax provider
Consistent (i.e., “good”) service is a nice thing to have in any industry. In a field that changes as fast...
TaxConnex™ Chosen to Speak at Two GSCPA Events This Fall and Exhibiting this Week at the Southeastern Accounting Show!
We are excited to announce that we have been chosen by the Georgia Society of CPAs to speak at two...
Inflation Reduction Act Part II: IRS Spending
August 19, 2022 Between the inflation, the pandemic, and the Inflation Reduction Act, now is a scary time to owe...
Can remote employees create sales tax nexus?
A lot of times regarding sales tax, the answer to any question is, “It depends.” This is another of those...