by OverviewFX | Apr 24, 2024 | taxes
Besides donating money, one of the best ways you can support a worthy cause is to volunteer. Many organizations are limited by what they can do because they don’t have the support staff and leaders to help them grow. Through volunteer work, you can lend your expertise...
by OverviewFX | Apr 24, 2024 | taxes
Tax extensions are common. IRS data shows approximately 10% to 15% of taxpayers file an extension per year. If you file the proper forms, you could get six more months to file your tax return. However, there are some specific rules and requirements to be aware of —...
by OverviewFX | Apr 24, 2024 | taxes
How would you like to take a tax-deductible vacation this summer? That can’t be possible, can it? Well, there is a way that you could embark on some travel or a vacation and end up saving money come tax time if you are self-employed. Although you can’t fly your family...
by OverviewFX | Apr 23, 2024 | taxes
Non-profit thrift stores like Goodwill and The Salvation Army operate exclusively from donations of people in their community just like you. Most people usually think about donating clothes, but there are many more items stores are happy to take off your hands –...
by OverviewFX | Apr 23, 2024 | taxes
When you invest your money, your goal is to build wealth or savings. This means that you likely want to keep as much of the money you’re earning as possible and pay fewer capital gains taxes. As an investor, it’s important to understand how capital gains are taxed and...
by OverviewFX | Apr 19, 2024 | taxes
Claiming dependents can help you reduce your tax liability, but there are rules regarding who you can claim. You may be wondering, “Can I claim my parents as dependents?” While the answer may be yes, it ultimately depends on your circumstances. Sorting it out on your...
