by OverviewFX | Mar 11, 2025 | taxes
As a homeowner, you might be wondering: Is mortgage interest deductible? The short answer is yes—but only if specific IRS rules are met and you itemize your deductions (versus taking the standard deduction). Before you file taxes, it helps to learn how the mortgage...
by OverviewFX | Mar 8, 2025 | taxes
As a new business owner, filing business taxes for an LLC for the first time can be overwhelming. Filing taxes for your business means you’ll have to include information about your income, expenses, assets and depreciation, payroll, and more, on top of everything...
by OverviewFX | Mar 7, 2025 | taxes
In 2024, you may have received Social Security benefits that had been reduced as a result of the Windfall Elimination Provision (WEP) or Government Pension Offset (GPO). For many Americans, these provisions had a significant financial impact on their retirement...
by OverviewFX | Mar 1, 2025 | taxes
Filing your taxes can be stressful, and realizing you’re missing a W-2 form can make it even more challenging. The good news is that it’s still possible to file your taxes accurately without this essential document. Maybe your W-2 is delayed, you misplaced it, or...
by OverviewFX | Mar 1, 2025 | taxes
Note: The information in this article is for tax year 2024 (the taxes you typically file in 2025). Recovering from a natural disaster is challenging, and navigating your tax obligations during this time can add extra stress. If you were affected by a federally...
by OverviewFX | Mar 1, 2025 | taxes
New Jersey uses a graduated income tax system—meaning the more you earn, the higher your tax rate. For the 2024 tax year (the taxes you’ll file in 2025), rates range from 1.4% to 10.75%, depending on income and filing status. Factors like your income level, filing...
