Nomination recognizes Keim’s strategic financial leadership and his role in driving sustainable growth for the nation’s leading tax resolution firm. Optima Tax Relief announced today that Stephen Keim, Chief Financial Officer, has been nominated for the 19th Annual CFO of the Year […]
Last-Minute Tax Filing? What to Do Before the Deadline
Filing your taxes at the last minute can feel overwhelming, but it doesn’t have to be chaotic or costly. Whether you’ve been putting it off, ran into missing documents, or simply lost track of time, last minute tax filing is more common than you might think. […]
What is the IRS Collection Statute of Limitations?
They say that death and taxes are the only two certainties in life. However, taxes are only collectible for so long. The IRS Collection Statute of Limitations is a critical aspect of tax law that often confuses taxpayers and professionals alike. This […]
Why Did I Owe Taxes This Year? Common Reasons for a Surprise Tax Bill
Owing taxes can be an unsettling surprise, especially if you expected a refund or thought your employer was withholding enough. If you found yourself asking, “Why did I owe taxes this year?” you’re not alone. Many Americans face unexpected tax bills for […]
IRS Interest Rates for Q2 2026 Are Decreasing: Here’s What You Need to Know
The Internal Revenue Service (IRS) has announced that interest rates will decrease for the second quarter of 2026, beginning April 1. These rates, effective through June 30, 2026, are an important factor for both individual and corporate taxpayers when managing tax obligations […]
Can’t Pay Taxes? When to Seek Tax Relief
Owing money to the IRS can feel overwhelming, especially if you can’t pay taxes when they’re due. Many taxpayers assume they’re out of options or that the situation will only get worse, but that’s not entirely true. The IRS has established programs designed to help individuals and businesses resolve tax debt in […]
Optima Newsletter-April
What is Reasonable Collection Potential (RCP)? If you owe back taxes and are exploring ways to resolve your debt, understanding reasonable collection potential (RCP) is critical. It is one of the most influential and often misunderstood factors the IRS uses when determining […]