by OverviewFX | Apr 3, 2024 | taxes
Did you know that the IRS reports over 1 billion dollars in unclaimed tax refunds every year? That’s right, more than a billion dollars of money that is owed to taxpayers across the country is reported by the IRS every year and tax filers who didn’t file their 2020...
by OverviewFX | Mar 29, 2024 | taxes
According to the IRS, there are millions of tax refunds that still need to be issued for this tax season. If you still haven’t filed, it’s time to hop to it. Here’s how: Get your tax documents in one place Gather your W-2s and 1099s! And don’t forget receipts and...
by OverviewFX | Mar 28, 2024 | taxes
Another bill, oh no! It doesn’t feel great to file your tax return and find out you owe money. It’s like heading out the door and discovering your car won’t start! But don’t worry, you actually have several options if you owe money on your taxes. Here is some...
by OverviewFX | Mar 27, 2024 | taxes
There are several ways that doing your taxes can actually put more money back into your pocket. Federal tax credits are kickbacks from the government to incentivize certain behaviors or provide relief for certain expenses. Whether you’re a seasoned taxpayer looking to...
by OverviewFX | Mar 26, 2024 | taxes
By Karen Doyle, Hiscox The following content is for general informational purposes only and is not intended to provide legal or other professional advice. Individuals should consult with their professional advisors for advice on their obligations. Starting a...
by OverviewFX | Mar 26, 2024 | taxes
What Is the Standard Tax Deduction for 2023 – 2024? The Standard Deduction is a fixed dollar amount that reduces the amount of income you get taxed on. Think of it as tax-free income that you get to keep before taxes are applied to the rest. The amount you can claim...