Tax Credits vs. Tax Deductions
Apr 25, 2025Tax season is officially here. As you prepare to file your tax return, it might be helpful to research ways...
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Why Is Receiving a Large Tax Refund a Bad Thing?
Apr 24, 2025Each year, millions of Americans eagerly await their tax refunds. For many, it feels like a financial windfall—a check from...
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What Happens If Someone Else Claimed Your Child on Their Tax Return?
Apr 22, 2025Few things can disrupt your tax filing like finding out someone else has already claimed your child on their return....
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2025 State-Level Tax Changes
Apr 21, 2025State tax systems are seeing major changes in 2025, with many states adopting flat income taxes, cutting corporate rates, and...
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Tax Tips for Seniors and Retirees
Apr 20, 2025As the golden years approach, seniors and retirees face a new set of financial challenges, with tax planning becoming increasingly...
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IRS Staffing and Service Concerns
Apr 19, 2025The IRS plays a critical role in maintaining the U.S. tax system, collecting trillions of dollars in revenue and enforcing...
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Manage Money
I Missed the Tax Deadline. Now What?
Apr 18, 2025Missing the tax deadline can feel overwhelming, especially if you’re not sure what happens next. Whether you forgot, ran out...
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Do You Need an EIN for Your Side Business?
Apr 17, 2025If you’re starting a side business, you may have already encountered the term Employer Identification Number (EIN). It’s a common...
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Do Widows Pay Taxes on Life Insurance Payouts?
Apr 16, 2025Losing a spouse is one of the most emotionally challenging experiences a person can go through. During this time of...
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Manage Money
Optima Tax Relief Launches Initiative to Combat Tax Scams
Apr 15, 2025Consumer education campaign empowers taxpayers with tools to detect and prevent tax-related fraud amid a rise in sophisticated scams. Optima...
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