Taxes

Optima’s “Tax Show for People Who Owe” Builds Momentum as Go-to Resource for Taxpayers Facing IRS Debt

Now in its fourth year, the bi-weekly YouTube series offers honest, engaging insights into IRS processes, tax debt solutions, and...

Pitfalls of sales tax compliance: returns

April’s federal Form 1040 probably comes first to mind when anyone thinks about tax returns. As your business starts to...

Beyond Tax Relief: Optima Tax Relief Builds Stronger Communities Through Service

Empowering employees and partnering locally to create lasting community impact  Optima Tax Relief, the nation’s leading tax resolution firm, continues...

Pitfalls of sales tax compliance: in-house resources

Many companies don’t think about how to handle sales tax obligations until it’s too late. (more…)

What You Need to Know About Underpayment of Tax Penalties

Taxes are an essential part of a functioning society, providing the government with the necessary funds to provide public services...

Pitfalls of sales tax compliance: cash and G/L management

As your business starts to sell into more states, you’re likely going to get more sales tax obligations. That may...

IRS Crypto Enforcement 2025  | Optima Tax Relief

Key Takeaways:  The IRS’s attempt to treat DeFi platforms as brokers was repealed in April 2025, signaling a major shift...

Is Shopify a marketplace facilitator?

In just 20 years since its founding, Shopify, the $7 billion platform that can be used to build online stores (some...

How to Report Rental Income and Avoid IRS Red Flags 

Key Takeaways:   All rental income must be reported—including monthly rent, advance payments, lease termination fees, utility overcharges, and amenity...

Pitfalls of sales tax compliance: billing systems

Sales tax is not top of mind for most executives, but it is something most businesses have to manage at...

When Does the IRS Pursue Criminal Charges?

Key Takeaways:  Most IRS interactions are civil, but willful violations of tax law—such as fraud, evasion, or false returns—can lead...

Clothing taxation – and major exemptions

Sales tax rules on clothing are some of the most complex nationwide, as a patchwork of states offer complete exemptions,...