Most Recent Manage Money News

Are Wedding Expenses Tax Deductible? 

Are Wedding Expenses Tax Deductible? 

Weddings are significant life events, often accompanied by substantial expenses. As couples plan their big day, a common question arises:...

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What To Do If You Receive IRS Notice CP14 

What To Do If You Receive IRS Notice CP14 

Receiving an IRS Notice CP14 can be stressful, but understanding what it means and how to respond is the first...

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What are Qualified Charitable Distributions? 

What are Qualified Charitable Distributions? 

Qualified Charitable Distributions (QCDs) are a powerful tax planning tool for individuals who wish to support charitable organizations while managing...

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2024 Q4 Estimated Tax Payments Are Due. Are You Prepared? 

2024 Q4 Estimated Tax Payments Are Due. Are You Prepared? 

Estimated tax payments play a critical role in helping taxpayers meet their annual tax obligations. For many individuals, including the...

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Avoid Penalties and Legal Risks

Avoid Penalties and Legal Risks

Filing tax returns is a fundamental responsibility of every taxpayer, yet many individuals find themselves with unfiled tax returns. This...

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How to Report a Business Loss on Your Tax Return 

How to Report a Business Loss on Your Tax Return 

Running a business often comes with financial ups and downs. Sometimes, expenses exceed revenue, resulting in a business loss. While...

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How to Report a Business Loss on Your Tax Return 

How to Report a Business Loss on Your Tax Return 

Running a business often comes with financial ups and downs. Sometimes, expenses exceed revenue, resulting in a business loss. While...

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Who is Best to Help with Back Taxes? 

Who is Best to Help with Back Taxes? 

Struggling with back taxes can feel overwhelming, but the right professional help can make all the difference. Whether you owe...

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2025 IRS Mileage Rates  | Optima Tax Relief

2025 IRS Mileage Rates  | Optima Tax Relief

The IRS mileage rates for 2025 have been announced, and these updates are crucial for taxpayers and businesses that rely...

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What is IRS Penalty Abatement? 

What is IRS Penalty Abatement? 

The IRS imposes penalties on taxpayers for various reasons, including failing to file a tax return on time, failing to...

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