by OverviewFX | May 14, 2024 | taxes
Unexpected medical costs without proper savings–including health insurance deductibles themselves, which have even gone up in recent years–can really leave you in a bind. One of the ways you can ensure you’re better prepared is with a health savings account (HSA). An...
by OverviewFX | May 14, 2024 | taxes
Maintaining your physical and mental health can be costly, especially if your insurance plan doesn’t cover everything you need. Luckily, there’s a way to reduce your taxable income and ensure that you have money put aside to help cover these costs. A flexible spending...
by OverviewFX | May 13, 2024 | taxes
Starting a retirement account or plan is one of the best retirement tips, but it’s not always easy. Budgeting for retirement account contributions can be hard — especially for people in lower tax brackets. The saver’s credit is designed to reward you for contributing...
by OverviewFX | May 13, 2024 | taxes
One of the most important parts of being self-employed and starting your own business is building a network of people around you filled with clients, advisers, influencers, and supporters. While meeting new people may seem difficult at first, it can also be extremely...
by OverviewFX | May 13, 2024 | taxes
Have you ever wondered what a ‘write-off’ is? Well, a write-off is any legitimate expense that can be deducted from your taxable income on your tax return. For many, this is the trickiest part of filing their taxes, particularly because there is a fine line between...
by OverviewFX | May 13, 2024 | taxes
As Airbnb’s popularity continues to rise, more and more people are renting out their homes and learning about the tax implications that come with it. When you rent your home, or a room in your home, as a short-term rental, you may be able to keep your income taxes to...
