Tax relief companies typically offer to help taxpayers in distress. Some of them can be legitimately helpful if you’re confused about the process or need help filling out forms, but be wary of offers that seem too good to be true, such as promises to get money back or eliminate your deb...
Tax relief companies typically offer to help taxpayers in distress. Some of them can be legitimately helpful if you’re confused about the process or need help filling out forms, but be wary of offers that seem too good to be true, such as promises to get money back or eliminate your deb...
How does pension tax relief work? There are 2 main ways in which you can automatically get tax relief on UK pension contributions. If you’re in a workplace pension, your employer decides which method to use. If you pay into a personal pension, “relief at source” will be used – we...
Read a collection of insightful and informative blog posts from Optima Tax Relief - Voted America’s #1 Most Trusted Tax Relief Firm
Read a collection of insightful and informative blog posts from Optima Tax Relief - Voted America’s #1 Most Trusted Tax Relief Firm
Some new tax breaks may become available during the year, and certain states offer additional tax rebates or relief depending on where you live. E-filing with tax software like TaxAct can help you identify and claim these credits. File early: Filing your tax return early can expedite the ...
More than 20,000 businesses are about to learn how serious the Internal Revenue Service is about stopping questionable Employee Retention Credit (ERC) claims. The tax agency has sent them a letter notifying them that they won't be getting the COVID-19 pandemic tax relief. Many of the claims...
The IRS has made certain accommodations for taxpayers affected by disasters in 2024, including the storms that hit Florida and the Southeast. In addition to extending filing and payment deadlines, the IRS will allow affected taxpayers to exclude qualified disaster relief payments from their gross inco...
John Hendrickson of the Iowans for Tax Relief Foundation recently wrote that, “During this past legislative session, the legislature enacted an $8.5 billion budget for fiscal year 2024… This was only a slight increase from the $8.2 billion fiscal year 2023 budget.” And six months ago he an...
But this year, thanks to several temporarily expanded tax breaks, you could get back more -- or in some cases, less -- than you might expect. This is particularly the case if you were eligible to receive any of the tax relief measures included in the American Rescue Plan, which was ...