Taxes
7 Year-End Tax Tips
December 14, 2021 As we approach 2022, Optima wants to wish you a happy holiday season and remind you to...
What’s New in State Sales and Use Taxes?
There’s always something changing in the world of tax, especially sales tax. Here’s a review of some of the recent...
TaxAct Camellia Bowl Ticket Giveaway and TaxAct Texas Bowl Ticket Giveaway: Official Giveaway Rules
NO PURCHASE IS NECESSARY TO ENTER OR WIN. A PURCHASE WILL NOT INCREASE YOUR CHANCES OF WINNING. ALL APPLICABLE FEDERAL,...
Your Sunday Confessions Answered
I have no idea how to fill out a W-2, or wait, is it a W-4? We get it. Form...
Sales Tax Obligations for Manufacturers and Wholesalers, Part 2: Monitoring Nexus Thresholds on Sales From Your Own Website
Wholesalers and manufacturers/distributors have some big advantages regarding sales tax compliance – but they can also have hidden obligations. Wholesalers...
What are Gift Taxes?
December 7, 2021 The holiday season is upon us, and so is the season for giving. Gifts are wonderful ways...
Risks of Non-Compliance
Rolling the dice with sales tax compliance can backfire in a big way. And there are several examples that take...
Sales Tax Obligations for Manufacturers and Wholesalers, Part 1: Resale Certificates and Exemptions
Many manufacturers, wholesalers, and distributors believe they have minimal sales tax obligations due to the likelihood of sales tax-exempt transactions....
How to Claim Charitable Donation Deductions on Your Tax Return
December 1, 2021 The holidays often inspire more taxpayers to donate than any other time of year. Charitable donations are...
Ensuring Data Consistency
When you look at the details involved in your sales tax compliance process – preparing and filing returns, updating the...
Take Advantage of Expanded Tax Deductions for Charitable Donations in 2021
It’s the season of giving, and you’ve decided to put your money to good use by donating to a good...
Why Donate Stocks During the Holiday Season?
This year, you may want to give back during the holiday season. While you can always donate money to charities...