Most Recent Manage Money News

Can I Buy a House if I Owe Back Taxes?

Can I Buy a House if I Owe Back Taxes?

Buying a house is an exciting milestone in life, representing stability, investment, and the fulfillment of a dream. However, for...

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How are Partnerships Taxed?  | Optima Tax Relief

How are Partnerships Taxed?  | Optima Tax Relief

Partnerships are a popular business structure for entrepreneurs looking to combine resources, expertise, and share profits. However, the taxation of...

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How Worker Classification Affects Taxes 

How Worker Classification Affects Taxes 

Understanding worker classification is crucial for both employers and workers, as it directly affects tax obligations and benefits. The way...

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What is the Gift Tax Exclusion? 

What is the Gift Tax Exclusion? 

When it comes to transferring wealth, the gift tax exclusion is a valuable tool for individuals looking to pass on...

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What is an Enrolled Agent? 

What is an Enrolled Agent? 

We often hear that the tax professionals qualified to represent you before the IRS are CPAs, tax attorneys, and enrolled...

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What To Do If You Receive IRS Notice CP71C 

What To Do If You Receive IRS Notice CP71C 

Receiving a notice from the IRS can be unsettling, and if you’ve received IRS Notice CP71C, it’s important to understand...

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What You Need to Know About IRS Bank Levies 

What You Need to Know About IRS Bank Levies 

When dealing with unpaid taxes, one of the most significant and immediate consequences can be an IRS bank levy. This...

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Optima Tax Relief Named to 2024 Forbes Advisor ‘Best Of’ List for Tax Relief Services

Optima Tax Relief Named to 2024 Forbes Advisor ‘Best Of’ List for Tax Relief Services

The national tax firm was recognized for outstanding customer service, transparency, and industry leadership Optima Tax Relief is proud to...

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Q3 2024 Estimated Taxes Are Due. Are You Prepared?

Q3 2024 Estimated Taxes Are Due. Are You Prepared?

As the third quarter of 2024 comes to a close, taxpayers must remember a crucial deadline: Q3 estimated taxes are...

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Can the IRS Seize Your State Tax Refund? 

Can the IRS Seize Your State Tax Refund? 

The IRS, as the federal tax collection agency, has broad powers to collect unpaid taxes. While it can garnish wages,...

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