by OverviewFX | Jun 8, 2024 | taxes
Whenever you drive for business, medical reasons, or in support of a charitable organization, you may be able to get a mileage deduction and save money on your taxes. The IRS has announced the 2024 standard mileage rates to help you write off some of the costs of...
by OverviewFX | Jun 7, 2024 | taxes
Whether your child is a newborn or a teenager almost ready to head off to college, children have an impact on your taxes. In honor of National Children’s Day, celebrated this year on June 9, 2024, here are some things you should know! Get That Number You probably were...
by OverviewFX | Jun 7, 2024 | taxes
Even though the dependency exemption was eliminated under the tax reform, there are still some tax benefits you can take advantage of to maximize your tax refund if you have dependents. These tax benefits can significantly reduce or even eliminate your tax liability....
by OverviewFX | Jun 7, 2024 | taxes
Self-employment can be hard, but if it was easy, everyone would do it, right? Whether you are trying to get ready to file your taxes, figuring out estimated taxes, or are gearing up for next tax season, take a look at these tax tips for the self-employed. You won’t...
by OverviewFX | Jun 7, 2024 | taxes
When you run your own business, travel is inevitable. Yet, when it comes to deducting that business travel on your taxes, you may feel like you are dealing with a lot of unclear rules and gray areas. If you ask a dozen friends who are business owners, you will likely...
by OverviewFX | Jun 7, 2024 | taxes
Contributing to a 401(k) can be a smart way to start preparing for retirement — but there are a few rules to keep in mind. 401(k) contribution limits tell you how much you can contribute in a calendar year. There’s also a combined contribution limit for you and your...
