Tax Help Videos Archives - Optima Tax Relief https://optimataxrelief.com/blog/tax-help-videos/ Tax Relief & Resolution - Trust the Experts at Optima Tax Relief Wed, 25 Sep 2024 16:36:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.6.2 https://optimataxrelief.com/wp-content/uploads/2023/10/cropped-favicon_512-1-1-32x32.png Tax Help Videos Archives - Optima Tax Relief https://optimataxrelief.com/blog/tax-help-videos/ 32 32 What if I Miss a Tax Deadline? IRS Penalties and Interest? https://optimataxrelief.com/blog/what-if-i-miss-a-tax-deadline-penalties-and-interest/ Tue, 24 Sep 2024 17:00:31 +0000 https://optimataxrelief.com/?p=21213 Filing your tax return late, or not filing at all, can result in IRS penalties and interest in addition to your unpaid tax burden. CEO David King and Lead Tax Attorney Philip Hwang provide helpful insight on important tax deadlines you should know about – and how you can resolve your tax liability with the […]

The post What if I Miss a Tax Deadline? IRS Penalties and Interest? appeared first on Optima Tax Relief.

]]>
Can The IRS Really Take Everything I Own? https://optimataxrelief.com/blog/can-the-irs-really-take-everything-i-own/ Tue, 10 Sep 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21143 The IRS can seize your assets if you owe back taxes and fail to resolve your tax debt. This includes bank accounts, wages, and even physical property like cars or homes. Optima Tax Relief CEO, David King, and Lead Tax Attorney, Philip Hwang, provide helpful insight on how you can resolve your tax burden and […]

The post Can The IRS Really Take Everything I Own? appeared first on Optima Tax Relief.

]]>
Tax Implications of Class Action Settlements https://optimataxrelief.com/blog/tax-implications-of-class-action-settlements/ Tue, 20 Aug 2024 08:00:00 +0000 https://optimataxrelief.com/?p=21081 Did you receive a settlement for a class action or personal injury lawsuit? If you have, you could face major tax implications with the IRS. CEO David King and Lead Tax Attorney Philip Hwang provide helpful tips on how to avoid any tax time surprises and how you can navigate dealing with the IRS if […]

The post Tax Implications of Class Action Settlements appeared first on Optima Tax Relief.

]]>
Can I Amend My Tax Return? https://optimataxrelief.com/blog/can-i-amend-my-tax-return/ Tue, 16 Jul 2024 08:00:00 +0000 https://optimataxrelief.com/?p=20001 Did you make a mistake on your tax return? Whether it’s to correct errors, claim overlooked deductions, or address changes in filing status, it may be best to amend your tax return. CEO David King and Lead Tax Attorney Philip Hwang provide helpful tips on what important facts you need to know before amending your […]

The post Can I Amend My Tax Return? appeared first on Optima Tax Relief.

]]>
Tax ID Theft is on the Rise. Are You Protected? https://optimataxrelief.com/blog/tax-id-theft-is-on-the-rise-are-you-protected/ Tue, 18 Jun 2024 08:00:00 +0000 https://optimataxrelief.com/?p=19908 There’s been a 45% increase in tax identity theft since the COVID-19 pandemic. If you’re dealing with tax identity theft, it could affect when you receive your tax refund! Optima CEO David King and Lead Tax Attorney Philip Hwang explain what tax fraud is, how your sensitive tax information can be used against you, and […]

The post Tax ID Theft is on the Rise. Are You Protected? appeared first on Optima Tax Relief.

]]>
Where’s My Tax Refund? https://optimataxrelief.com/blog/wheres-my-tax-refund/ Tue, 23 Apr 2024 08:00:00 +0000 https://optimataxrelief.com/?p=19582 Now that the April tax deadline has passed, you might be wondering, “Where’s my tax refund?” Optima CEO David King and Lead Tax Attorney Philip Hwang explain how you can track your refund, how long you have to collect your refund and how to stay compliant with the IRS. If You Need Tax Help, Contact […]

The post Where’s My Tax Refund? appeared first on Optima Tax Relief.

]]>
Are You a High-Income Non-Filer? Beware of IRS Collections in 2024 https://optimataxrelief.com/blog/are-you-a-high-income-non-filer-beware-of-irs-collections-in-2024/ Tue, 02 Apr 2024 15:53:34 +0000 https://optimataxrelief.com/?p=19347 IRS enforcement is back in full effect. In January 2024, the IRS began sending collections notices to individuals and businesses alike. Now they are also turning attention to high-earners who failed to file tax returns between 2017 and 2021. Optima CEO David King and Lead Tax Attorney Philip Hwang explain what new changes you can […]

The post Are You a High-Income Non-Filer? Beware of IRS Collections in 2024 appeared first on Optima Tax Relief.

]]>
IRS Collections Are Back. Will You Be Affected? https://optimataxrelief.com/blog/irs-collections-are-back-will-you-be-affected/ Tue, 19 Mar 2024 16:00:00 +0000 https://optimataxrelief.com/?p=19213 The IRS has resumed collections. If you recently received an IRS notice or owe back taxes, you could be at risk of a lien, levy, garnishment, or other means of tax collection. Optima CEO David King and Lead Tax Attorney Philip Hwang provide helpful insight on what your IRS notice means, what you need to […]

The post IRS Collections Are Back. Will You Be Affected? appeared first on Optima Tax Relief.

]]>
Tax Tips and Updates for the 2024 Filing Season https://optimataxrelief.com/blog/tax-tips-and-updates-for-the-2024-filing-season/ Tue, 27 Feb 2024 16:00:00 +0000 https://optimataxrelief.com/?p=18696 Tax season is in full swing. With several filing options and a potentially larger Child Tax Credit to claim, there’s a lot to know before you file. Optima CEO David King and Lead Tax Attorney Philip Hwang provide a comprehensive guide for the 2024 tax filing season and show you how you can get the […]

The post Tax Tips and Updates for the 2024 Filing Season appeared first on Optima Tax Relief.

]]>
IRS Collections are Resuming: Are You Prepared? https://optimataxrelief.com/blog/irs-collections-are-resuming-are-you-prepared/ Tue, 16 Jan 2024 16:00:00 +0000 https://optimataxrelief.com/?p=18060 The new year has brought both good and not so good news from the IRS. The IRS has resumed sending out collections notices to taxpayers who owe. On the other hand, they’re providing $1 billion in penalty relief to nearly 5 million 2020 and 2021 tax returns. Optima CEO, David King, and Lead Tax Attorney, […]

The post IRS Collections are Resuming: Are You Prepared? appeared first on Optima Tax Relief.

]]>