Wondering what a Tax Compliance Report is and what it reveals about your tax history? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang explain how Tax Compliance Reports confirm whether you’ve filed returns and paid taxes on […]
New IRS Gambling Deduction Rules and How They Could Impact Your Taxes – Optima Tax Relief
Wondering how the new gambling tax rules could affect your 2026 tax return? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang explain the new limitations on gambling loss deductions under the One Big Beautiful Bill Act and […]
What Small Business Owners Should Know About Taxes: LLC vs S Corp vs C Corp – Optima Tax Relief
Wondering what small business owners need to know about taxes? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang break down key tax considerations for sole proprietors, LLCs, partnerships, S corporations, and C corporations. Learn how different business […]
What to Do If You Receive IRS Notice CP14 – Optima Tax Relief
Wondering what IRS Notice CP14 means and what you should do next? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang break down why the IRS issues this first bill for unpaid taxes, what information it includes, and […]
2026 Tax Season Recap IRS Extensions, Penalties, and Key Trends
Wondering what stood out during the 2026 tax season? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang break down major trends, including the IRS projection of over 20 million taxpayers filing extensions and what that signals for […]
New Tax Season Tips: Avoiding Penalties and Maximizing Deductions – Optima Tax Relief
Wondering what you need to know for this tax season? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang explain why filing isn’t voluntary, how to avoid a Substitute for Return, and how to request an extension to […]
How Long Can the IRS Really Collect From You? Understanding the CSED – Optima Tax Relief
Wondering how long the IRS can collect from you and when your refund rights expire? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang explain the 10-year Collection Statute Expiration Date (CSED), the Refund Statute Expiration Date (RSED), […]
Trump Account 2026: How to Open, Contribute, and Grow Your Child’s Savings – Optima Tax Relief
Wondering how to help your children start building wealth from day one? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang explain the new Trump Account, a tax-advantaged savings account for children under 18. Discover how the accounts […]
2026 Tax Season Trends Part 2: What to Expect for Owed Taxes and Offer in Compromise – Optima Tax Relief
Wondering what the 2026 tax season will look like? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang share their insights, diving into trends around taxpayers who owe, total balances owed, and the future of Offer in Compromise […]
2026 Tax Season Predictions and Key Trends – Optima Tax Relief
Tax season is almost here! Do you know what to expect this year? CEO David King and Chief Tax Officer & Lead Tax Attorney Philip Hwang cover the trends shaping the year ahead, including total filings, refunds, non-filer taxes, and IRS collections, […]