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Olympus Tax Resolution LLC

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Olympus Tax Resolution LLC

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IRS Tax Resolution Services We won't stop fighting for you.

We help our clients overcome their tax debt with a variety of tax debt solutions, and we're dedicated to finding the right one for you. We walk with you every step of the way, explaining all the in's and out's and do's and don'ts of the process of getting your tax debt resolved.

10/21/2026

IRS-CI Warns About Illegal Gambling

IRS Criminal Investigation says illegal gambling cases can also uncover money laundering, tax violations, and other financial crimes.

Gambling activity can create tax reporting responsibilities, making accurate records especially important.

Read more:
https://www.accountingtoday.com/news/irs-ci-probes-illegal-gambling

The Internal Revenue Service's Criminal Investigation unit has been stepping up its enforcement efforts targeting financial crimes tied to illegal gambling.

10/19/2026

Proposed Investment Rules for Trump Accounts

Treasury and the IRS have released proposed rules explaining the types of investments that could be used in Trump Accounts while beneficiaries are minors.

The proposal generally focuses on qualifying low-cost mutual funds and exchange-traded funds.

Read more:
https://news.bloombergtax.com/daily-tax-report/treasury-proposes-eligible-investment-options-for-trump-accounts

The US Treasury Department has proposed the types of mutual funds and exchange traded funds to be included in Trump Accounts, the tax-advantaged savings vehicles for kids, during the growth period.

10/15/2026

IRS Scrutiny of International Business Transactions

The IRS is examining certain transactions between UnitedHealth and a foreign subsidiary as part of a dispute involving transfer pricing and taxable income. The company is contesting the IRS's proposed adjustments.

For businesses operating internationally, the case is another reminder of how important proper documentation and tax compliance can be.

Read more:
https://finance.yahoo.com/economy/policy/articles/irs-scrutinizing-unitedhealth-moved-money-070400880.html

The agency wants to raise the health giant's taxable income for four straight years. Neither side will say how much is at stake.

10/14/2026

Proposed Changes to Refundable Tax Credit Eligibility

Treasury and the IRS have proposed new rules affecting who can receive the refundable portion of certain tax credits based on citizenship or qualifying immigration status.

The proposal involves the Child Tax Credit, Earned Income Tax Credit, American Opportunity Tax Credit, and Adoption Tax Credit.

These rules are proposed and are not yet final.

Read more:
https://www.cnbc.com/2026/08/19/treasury-irs-refundable-tax-credits-immigrants.html

The move would likely impact hundreds of thousands of immigrants who have Social Security numbers and have received authorization to work in the U.S., experts said.

10/13/2026

401(k) Rollovers Could Get Easier

The IRS has released optional new forms designed to make direct retirement account rollovers more standardized and easier to process.

The tax rules for rollovers have not changed, but the new paperwork could help simplify the process of moving retirement savings.

Read more:
https://www.forbes.com/sites/kellyphillipserb/2026/08/13/moving-your-401k-new-irs-forms-could-make-rollovers-easier/

The optional forms aim to standardize direct rollovers, encourage electronic transfers, and take some of the paperwork out of moving retirement savings.

10/07/2026

Filing on Paper? It May Take Longer

Paper tax returns took considerably longer for the IRS to process during the 2026 filing season.

A federal review found individual paper returns took about a month on average to process, approximately twice as long as the year before.

Whenever possible, electronic filing and direct deposit can help avoid some of these delays.

Read more:
https://www.accountingtoday.com/news/irs-took-twice-as-long-to-process-tax-returns-this-year

The IRS needed a month to process paper tax returns this filing season, double the amount last year, due to staffing shortages and unavailable systems.

10/06/2026

New Employer Benefit Rules Proposed

Treasury and the IRS have proposed rules that would allow employers to make contributions to Trump Accounts for eligible employees or their dependents.

For businesses considering new employee benefits, this is one area to watch as the rules develop.

Read more:
https://www.cpapracticeadvisor.com/2026/08/11/irs-issues-proposed-regs-on-employer-contributions-to-trump-accounts/188323/

The proposed regulations outline requirements for employers that wish to maintain a Trump Account contribution program.

09/30/2026

A New Retirement Savings Match Is Coming

Treasury and the IRS have released more information about the Saver’s Match program.

Beginning with qualifying retirement contributions made in 2027, eligible taxpayers may receive a federal matching contribution toward retirement savings.

Read more about how the program is expected to work:
https://finance.yahoo.com/economy/policy/articles/us-treasury-irs-set-initial-111758129.html

The notice proposes the Saver’s Match structure and requests public feedback ahead of formal rulemaking.

09/28/2026

More IRS Services Are Moving Online

Business owners now have more options for managing federal taxes through the IRS Business Tax Account.

Eligible businesses can use the online account to handle tasks such as checking balances, making payments, viewing certain notices, and accessing tax information.

Read more:
https://www.forbes.com/advisor/business/software/irs-business-tax-account-lmandp5/

There will now be more online options for small business owners and other Business Tax Account users to make tax payments and view IRS notices, the IRS announced August 6. The agency said it has added new features to the online self-service platform that will help eligible taxpayers manage their

09/24/2026

New IRS Guidance on the Overtime Deduction

The IRS has updated its guidance on the qualified overtime deduction, including clarification about eligibility, employer reporting, and withholding.

Employees and employers should understand what actually qualifies before assuming all overtime pay receives the same tax treatment.

Read more:
https://www.cpapracticeadvisor.com/2026/08/07/irs-updates-faq-on-obbba-overtime-deduction/188173/

The IRS updated frequently asked questions about the new deduction for qualified overtime compensation, one of the many One Big Beautiful Bill Act tax provisions touted by the Trump administration.

Address

95 Merrick Way, 3rd Floor
Coral Gables, FL
33134

Opening Hours

Monday	8am - 8pm
Tuesday	8am - 8pm
Wednesday	8am - 8pm
Thursday	8am - 8pm
Friday	8am - 8pm
Saturday	8am - 2pm

Telephone

+18335547743

Website

http://www.olympustaxresolution.com/

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