by OverviewFX | Feb 9, 2024 | taxes
The contributions you make to your 401(k) plan can reduce your tax liability at the end of the year as well as your tax withholding each pay period. However, you don’t actually take a tax deduction on your income tax return for your 401(k) plan contributions. This is...
by OverviewFX | Feb 9, 2024 | taxes
How we perform our daily tasks and interact with one another is constantly changing. Many entrepreneurs and companies have been able to capitalize on these technology-driven opportunities and have created a movement around sharing instead of owning. You may have heard...
by OverviewFX | Feb 9, 2024 | taxes
Although I am not a fan of doing my taxes each year, using tax software makes it easy and helps avoid mistakes. I certainly don’t ever do them by hand, you’re just asking for trouble. When preparing your taxes there are a lot of simple and easy errors you can avoid...
by OverviewFX | Feb 9, 2024 | taxes
Happy Valentine’s Day week to all of the lovebirds out there! Whether you’re enjoying a night out on the town or staying in for a movie night, we want to give you even more reasons to celebrate with your loved one with…you guessed it: tax benefits! So, grab your...
by OverviewFX | Feb 7, 2024 | taxes
You may have itemized your tax deductions in the past if you are, for instance, a homeowner. But now, you may benefit from taking the standard deduction if the new standard deduction amount for your filing status is more than your itemized tax deductions. If you’re...
by OverviewFX | Feb 5, 2024 | taxes
Before you throw all of your tax documents up in the air after filing to celebrate the occasion, we need to discuss just how long you should keep that info in a safe and secure place. That’s right, you should store your tax information and documentation, including a...