by OverviewFX | Feb 21, 2024 | taxes
Recently I had dinner with friends who run a business, and the conversation turned to buying new cars. The “buy versus lease” question was asked of me, the so-called tax expert at the table. As always, I don’t answer any tax questions until I have time to double-check...
by OverviewFX | Feb 16, 2024 | taxes
Considering going back to school? The quest for higher education can be a worthwhile but costly pursuit. On top of tuition and fees, hidden costs and supplies add financial and emotional challenges to the many lower-income students who already have debt burdens. With...
by OverviewFX | Feb 15, 2024 | taxes
If you are an investor, it is likely that you have made an investment that went bad at some point. The IRS won’t give you back the money you lost, but Uncle Sam will let you take a deduction for the loss. But there are some rules you must know. You can’t report it...
by OverviewFX | Feb 14, 2024 | taxes
Valentine’s Day is here! And besides celebrating that we only have one month of winter left, there are a couple of other things we can celebrate – including taxes. Yeah, you read that right – tax season is upon us as well, and with it, a great opportunity to give our...
by OverviewFX | Feb 14, 2024 | taxes
One of the more popular trends these days is being a digital nomad. If your work can be done remotely and not at an office, why not travel the world at the same time? You can often live in an exotic location that has a significantly lower cost of living, all while...
by OverviewFX | Feb 13, 2024 | taxes
For those who itemize their deductions, it’s one of the stranger parts of the tax code. First, you get to take a deduction of your state and local taxes, then all of a sudden the next year you get a Form 1099-G from your state and you’re paying taxes on your state and...
