by OverviewFX | Feb 5, 2024 | taxes
The tax season is underway, and if you have already filed your 2023 taxes, congratulations! So wait, why should you still care about your 2024 taxes (the ones you will file in 2025)? Believe it or not, what you do now throughout 2024 can make a difference in your tax...
by OverviewFX | Feb 2, 2024 | taxes
If your son or daughter is a college athlete, they are allowed to participate in NIL (Name, Image, and Likeness) activities without impacting their NCAA eligibility. This policy change will mean changes to their finances, and they will need to file taxes because of...
by OverviewFX | Jan 31, 2024 | taxes
If you’ve recently struck gold at the casino, hit the jackpot in a poker tournament, or experienced the thrill of the lottery or any other gambling activity, you’re probably wondering about the potential tax implications. Spoiler alert: all your winnings, big or...
by OverviewFX | Jan 31, 2024 | taxes
When those wedding bells start ringing, phrases like “tax bracket” and “married filing jointly” are probably the last thing on your mind. However, once the couple eats the cake, the newlyweds toss the bouquet, and the next chapter of your life officially begins, it’s...
by OverviewFX | Jan 30, 2024 | taxes
Even with good insurance and a low deductible, no one truly enjoys paying medical bills. One bright side to big bills is the opportunity to claim your medical expenses as a deduction on your tax return, as long as your bills are greater than 7.5% percent of your tax...
by OverviewFX | Jan 29, 2024 | taxes
You may have heard tax reform eliminated tax deductions for unreimbursed employee business expenses beginning with your 2018 taxes. If you own your own business, however, you can still deduct business expenses. So what high-tech toys (oops, excuse me, necessary...
