by OverviewFX | May 15, 2024 | taxes
As a business owner, you have many responsibilities, especially when you’re starting a new business. One of the first things you have to do is select a tax classification for your business or entity. If you want to classify your business as an S corporation (known as...
by OverviewFX | May 14, 2024 | taxes
The IRS identifies taxpayers by their Social Security numbers, but what about businesses? From small businesses to corporations, every business has an Employer Identification Number — or EIN. When tax season arrives, you need your EIN number to file your business...
by OverviewFX | May 14, 2024 | taxes
From hybrid cars to solar power, clean energy is becoming commonplace. More homeowners than ever are investing in solar power and other clean energy sources. The cost of solar panel installation is an obstacle for many homeowners. Fortunately, you can save with the...
by OverviewFX | May 14, 2024 | taxes
Unexpected medical costs without proper savings–including health insurance deductibles themselves, which have even gone up in recent years–can really leave you in a bind. One of the ways you can ensure you’re better prepared is with a health savings account (HSA). An...
by OverviewFX | May 14, 2024 | taxes
Maintaining your physical and mental health can be costly, especially if your insurance plan doesn’t cover everything you need. Luckily, there’s a way to reduce your taxable income and ensure that you have money put aside to help cover these costs. A flexible spending...
by OverviewFX | May 13, 2024 | taxes
Starting a retirement account or plan is one of the best retirement tips, but it’s not always easy. Budgeting for retirement account contributions can be hard — especially for people in lower tax brackets. The saver’s credit is designed to reward you for contributing...
