by OverviewFX | May 20, 2024 | taxes
Did you become a self-employed real estate agent last year? If so, you now own your own business and can take advantage of many tax benefits related to running your own business. It’s important to realize that becoming a real estate agent isn’t just about selling...
by OverviewFX | May 17, 2024 | taxes
In this increasingly global world, many of us are finding ourselves caught in the complexities of tax reporting related to income or assets that are held outside of the United States.Taxpayers who receive a gift or bequest (inheritance) from a nonresident alien or...
by OverviewFX | May 17, 2024 | taxes
In an effort to keep health insurance premiums more affordable, switching policies has become practically an annual event. This is true with many employer-sponsored plans, but you might even make a switch to an individual plan. Chances are, you began 2024 with a new...
by OverviewFX | May 16, 2024 | taxes
Flexible Spending Accounts (FSA) and Health Savings Accounts (HSA) are two types of programs designed to provide tax advantages while paying for healthcare costs. These programs allow you to pay qualifying out-of-pocket expenses for health care with tax-free dollars. ...
by OverviewFX | May 15, 2024 | taxes
When you start a business, choosing the right organizational structure is key. Your business structure determines how your business is owned and operated. Filing Form 8832 may be part of the process of starting a new business. However, even if your business is several...
by OverviewFX | May 15, 2024 | taxes
Although our tax system can be complex in some situations, it can also be quite straightforward. You are liable for taxes on your taxable income, and how much you owe is based on the kind of income you have. Most income is taxable income, but there is non-taxable...
