by OverviewFX | Jun 3, 2024 | taxes
Summer is all about fun in the sun, but for parents, it may mean the need to arrange daycare for their children. Although spending more money is never a comforting thought, there is light at the end of the tunnel. There is a potential tax credit that can trim your tax...
by OverviewFX | May 31, 2024 | taxes
The question, “Who can I claim as my dependent?” has remained a top question for many taxpayers. It is an area where tax deductions and credits are often overlooked or inaccurately reported on tax returns. Under tax reform, you can no longer claim the dependent...
by OverviewFX | May 30, 2024 | taxes
For many families, spending time with their loved ones along with juggling work obligations means something has got to give. A solution that some families have found to be helpful in keeping up with their obligations is to hire a nanny, a housekeeper, or other type of...
by OverviewFX | May 28, 2024 | taxes
Once you get your first job and you’re making your own money, you will receive a W-2 shortly after the new year begins. Suddenly, you are thrust into the world of taxes and might not know what you’re supposed to do. If you find yourself in this situation, read on,...
by OverviewFX | May 28, 2024 | taxes
As a taxpayer, you have to file and pay your taxes by the IRS deadline — but tax deadlines vary based on the type of taxes you’re paying. There are different deadlines for personal income tax, estimated tax, estates and trusts, and farmers and fishermen. So, how long...
by OverviewFX | May 23, 2024 | taxes
Working from home has been a wonderful way for parents to have more time with their children. The relative flexibility of a remote schedule allows people to earn money and avoid paying for daycare. Even so, there are times when some assistance from a babysitter is...