Optimo Financial Services

Starting a business? You can often deduct pre‑launch expenses—get up to $5,000 now and amortize the rest over 15 years. Surprise: that $5k phases out once you spend over $50k. Keep great records and plan the election to max your tax savings. Read now.

Deducting Business Start-Up & Organizational Costs Starting a new business? Learn how to deduct start-up and organizational costs, navigate the $5,000 immediate deduction rule, and lower your early tax bill.

Surprising: Portland’s arts tax hasn’t changed since 2012, yet the city is sitting on millions in reserves. The plan? Exempt about 151,000 people while raising the fee from $35 to $50 to simplify collection. Will you pay less hassle—or more? Find out what this means for your wallet.

CountingWorks PRO

Bold choices create new paths.

Had to repay a bonus or big client refund after already paying taxes? That frustrating “double hit” isn’t always permanent. The Claim of Right rule can help you recover taxes (surprising: it usually kicks in if you repaid over $3,000). Learn when to take a deduction or a tax credit. Find out.

CountingWorks PRO

Service comes with certain tax benefits—don’t miss them.

Mid-year tax check: June 15 is more important than you think—monthly payroll deposits and corporate Q2 estimates are due. Missed deposits can even create personal liability. Want to avoid penalties and protect cash flow? Find out what to do now.

CountingWorks PRO

Thinking of hiring? That $70K salary can easily turn into a $90–100K expense once taxes, benefits, tools and onboarding are added. Avoid a cash-flow surprise—learn how to forecast the true cost of a new hire and hire with confidence. Curious what your next hire will really cost? Find out.

CountingWorks PRO

Convenience increases conversions.

Stay ahead of June tax deadlines: Form 5498 arrives June 1, tip reports to employers are due June 10 (yes—just $20 in tips counts!), and Q2 estimated taxes — plus expat returns — are due June 15. Avoid penalties and surprises — find out more.

CountingWorks PRO

Going abroad for work? Surprise: trips 7 days or less—or a weekend “sandwiched” between meetings—can still qualify for full travel deductions. Learn how to count business days, track receipts, and protect your write‑offs. Check it out.

CountingWorks PRO

Juggling side gigs, creator income, and app payments? Great — until taxes surprise you. Many platforms now report earnings to the IRS, so small payments add up fast. Want to keep more of what you earn and avoid penalties? Find out how.

CountingWorks PRO