Alexis Hernandez, Author at Optima Tax Relief https://optimataxrelief.com/blog/author/alexish/ Tax Relief & Resolution - Trust the Experts at Optima Tax Relief Mon, 05 Aug 2024 16:48:30 +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 Alexis Hernandez, Author at Optima Tax Relief https://optimataxrelief.com/blog/author/alexish/ 32 32 How to Renew Your ITIN https://optimataxrelief.com/blog/how-to-renew-your-itin/ Thu, 01 Aug 2024 08:00:00 +0000 https://www.optimataxrelief.com/?p=8279 The Individual Taxpayer Identification Number (ITIN) is a crucial identification number used by individuals who are required to have a U.S. taxpayer identification number but are not eligible to obtain a Social Security Number (SSN). It’s primarily used for tax purposes. If your ITIN is set to expire or has already expired, renewing it is […]

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]]> Assigned an IRS Revenue Officer? Hire a Tax Professional! https://optimataxrelief.com/blog/revenue-officer/ Tue, 11 Oct 2022 15:00:13 +0000 https://optimataxrelief.com/?p=10532 Optima CEO David King and Lead Tax Attorney Philip Hwang explain the risks taxpayers face when handling a tax liability on their own, as well as the benefits of hiring a tax professional to help you when dealing with a revenue officer. 

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]]> How Will the Inflation Reduction Act Affect Your Taxes? https://optimataxrelief.com/blog/inflation-reduction-act-and-taxes/ Tue, 27 Sep 2022 15:21:54 +0000 https://www.optimataxrelief.com/?p=10426 Optima CEO David King and Lead Tax Attorney Philip Hwang explain how the Inflation Reduction Act can directly affect taxpayers and how to get compliant with the IRS.

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]]> What is IRS Penalty Relief and How Can I Qualify for it? https://optimataxrelief.com/blog/what-is-irs-penalty-relief-and-how-can-i-qualify-for-it/ Tue, 13 Sep 2022 14:30:31 +0000 https://www.optimataxrelief.com/?p=10219 Optima CEO David King and Lead Tax Attorney Philip Hwang provide insight on what penalty relief is and how individuals can qualify for it.

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]]> What is Payroll Tax? https://optimataxrelief.com/blog/what-is-payroll-tax/ Tue, 23 Aug 2022 14:34:05 +0000 https://www.optimataxrelief.com/?p=10076 CEO David King and Lead Tax Attorney Philip Hwang provide helpful insight on what payroll tax is and how it can affect you.

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]]> Do You Qualify for IRS Penalty Relief? https://optimataxrelief.com/blog/do-you-qualify-for-irs-penalty-relief/ Tue, 03 May 2022 16:07:45 +0000 https://www.optimataxrelief.com/?p=9868 Penalty abatements provide relief from IRS tax penalties. How do you know if you’re eligible? If you are looking to resolve your tax burden with the IRS, you may qualify for a penalty abatement. Optima CEO David King and Lead Tax Attorney Philip Hwang discuss the two most common circumstances that would qualify you for […]

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]]> May 16 Filing Deadline for Tax-Exempt Organizations https://optimataxrelief.com/blog/may-16-filing-deadline-for-tax-exempt-organizations/ Fri, 29 Apr 2022 17:51:14 +0000 https://www.optimataxrelief.com/?p=9820 The IRS shared a reminder for tax-exempt organizations that have a filing deadline of May 16, 2022. Filing is mandatory, so if you need more time, you should request an extension as soon as possible. Which Form should tax-exempt organizations file? Tax-exempt organizations would file one of four tax forms for a return: Form 990-series […]

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]]> What to do if You Missed the Tax Filing Deadline https://optimataxrelief.com/blog/what-to-do-if-you-missed-the-tax-filing-deadline/ Tue, 26 Apr 2022 18:19:23 +0000 https://www.optimataxrelief.com/?p=9816 The end of tax season was officially April 18, 2022, which means the IRS is diving into enforcements and catching up on notices. What should you do, and what should you expect if you missed the filing deadline? One-Time Penalty Relief For late filers who have a history of filing and making payments on-time, you […]

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]]> IRS Unclaimed Tax Refunds https://optimataxrelief.com/blog/irs-unclaimed-tax-refunds/ Fri, 22 Apr 2022 16:48:11 +0000 https://www.optimataxrelief.com/?p=9808 There were about 1.5 million taxpayers that didn’t file a return in 2018. The IRS announced that it has $1.5 billion in tax refunds from 2018 and gave taxpayers until the end of the season to claim their money. If you missed out on claiming your refund, there are steps you can take to make […]

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]]> Where is My Tax Refund? https://optimataxrelief.com/blog/where-is-my-tax-refund/ Tue, 19 Apr 2022 16:21:23 +0000 https://www.optimataxrelief.com/?p=9805 The IRS backlog has caused delays in millions of tax refunds, but not all refunds are delayed due to the pandemic. Lead Tax Attorney Philip Hwang and CEO David King discuss how you can avoid refund delays when you file and how your refund may be affected by various circumstances. If You Need Tax Help, […]

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