by OverviewFX | Jun 5, 2024 | taxes
Owning a home can come with many benefits, but it also means you are liable for property taxes. Although property taxes may be inevitable, there are strategies you can use to potentially reduce them. But before we get into these strategies, let’s first consider some...
by OverviewFX | Jun 4, 2024 | taxes
Most individuals and organizations have to file and pay taxes each year — but that’s not the case if you qualify for tax-exempt status. Tax-exempt status is common for charitable and religious organizations. Certain nonprofit organizations can complete a tax exemption...
by OverviewFX | Jun 3, 2024 | taxes
Summer is all about fun in the sun, but for parents, it may mean the need to arrange daycare for their children. Although spending more money is never a comforting thought, there is light at the end of the tunnel. There is a potential tax credit that can trim your tax...
by OverviewFX | May 31, 2024 | taxes
The question, “Who can I claim as my dependent?” has remained a top question for many taxpayers. It is an area where tax deductions and credits are often overlooked or inaccurately reported on tax returns. Under tax reform, you can no longer claim the dependent...
by OverviewFX | May 30, 2024 | taxes
For many families, spending time with their loved ones along with juggling work obligations means something has got to give. A solution that some families have found to be helpful in keeping up with their obligations is to hire a nanny, a housekeeper, or other type of...
by OverviewFX | May 28, 2024 | taxes
Once you get your first job and you’re making your own money, you will receive a W-2 shortly after the new year begins. Suddenly, you are thrust into the world of taxes and might not know what you’re supposed to do. If you find yourself in this situation, read on,...
