How the Big Beautiful Bill Could Affect Self-Employed Deductions
Feb 27, 2026Key Takeaways Permanent QBI Deduction – The 20% Qualified Business Income deduction is now permanent, with an expanded phase-in range and...
- 136
Most Recent Manage Money News
Manage Money
What are “Above-the-Line” Deductions? | Optima Tax Relief
Feb 24, 2026Key Takeaways Above-the-line deductions reduce your income before Adjusted Gross Income (AGI) is calculated, directly lowering taxable income and potentially...
- 152
Manage Money
How to Respond to IRS Notice CP2000
Feb 21, 2026Key Takeaways IRS Notice CP2000 is not an audit or a bill, it is a proposed adjustment based on income mismatches between...
- 168
Manage Money
How AI Is Changing Tax Compliance and Enforcement
Feb 18, 2026Key Takeaways AI in tax compliance is already here; tax authorities use it to review returns, select audits, detect fraud,...
- 148
Manage Money
Itemized Deductions vs. Standard Deduction: Which Saves More?
Feb 15, 2026Key Takeaways Standard vs. itemized deductions both reduce taxable income, but the standard deduction is a flat amount while itemizing...
- 170
Manage Money
Can You Deduct IVF or Fertility Treatments?
Feb 14, 2026Key Takeaways Fertility treatments, including IVF, ovulation induction, and related diagnostic procedures, can be deductible medical expenses if they are medically necessary...
- 191
Manage Money
Taxes on Inherited Accounts | Optima Tax Relief
Feb 11, 2026Key Takeaways: Most inherited retirement accounts are taxable. Distributions from traditional IRAs and 401(k)s are taxed as ordinary income, while...
- 168
Manage Money
IRS Phishing Emails: Real Examples and Warning Signs
Feb 10, 2026Key Takeaways IRS phishing emails are common and sophisticated, often impersonating the IRS to steal personal data, money, or login...
- 162
Manage Money
Is Tax Relief Legit? How to Spot Real Help vs Scams
Feb 8, 2026Key Takeaways IRS tax relief is legitimate. The IRS offers real programs, such as Offers in Compromise, installment agreements, penalty abatements, CNC status, and...
- 160
Manage Money
Wage Garnishment on Student Loans: How it Works and How to Stop It
Feb 7, 2026Key Takeaways Student loan wage garnishment happens after default, which typically occurs after 270 days of nonpayment on federal student loans. The...
- 170
