Taxes

What’s New About the Home Office Deduction in 2022?

If you are self-employed and work at home — even just part-time — you may claim a tax deduction for...

Expenses You Didn’t Know Were Tax Deductible

October 6, 2022 Tax deductions can help lower your tax bill and even increase your tax refund on your return....

M&A negotiations and sales tax liability

It’s a common scenario: A company has decided to sell, then due diligence turns up a $2 million risk in...

Organize Your Way to Tax Day: 5 Steps for Success

Whether you file early or wait until the tax deadline, there are simple things you can do today to help...

Tax Tips for Last-minute Filers

October 4, 2022 Filing your taxes can be stressful. Filing at the last minute can only add to the stress....

How to Build Credit for Your Business

Establishing good business credit is one of the most important things you can do as a new small business owner....

How to manage sales tax obligations

So you’ve done the smart thing and determined that your company has sales tax obligations in various states. That’s a...

Key Tax Deadlines for Small Business Owners

Curious about the business tax deadlines that you should mark on your calendar this tax season? Here’s what small business...

How Tax Brackets Work: 2022 Examples and Myth Busting

Updated tax brackets for the year 2022 Your tax bracket shows you the tax rate that you will pay for...

Amazon Warehouse Does Not Create Physical Nexus in PA

In a decision that may eventually have sales tax repercussions elsewhere, a state court has decreed that an Amazon warehouse...

Optima Newsletter – September

September 28, 2022 Real Estate Investments & Tax Implications Real estate investments can be very complex, especially when it comes...

Risks of misunderstanding the impact of economic nexus

By now most businesses that sell online have heard about nexus, the connection that a company has with a jurisdiction...