by OverviewFX | May 13, 2024 | taxes
Have you ever wondered what a ‘write-off’ is? Well, a write-off is any legitimate expense that can be deducted from your taxable income on your tax return. For many, this is the trickiest part of filing their taxes, particularly because there is a fine line between...
by OverviewFX | May 13, 2024 | taxes
As Airbnb’s popularity continues to rise, more and more people are renting out their homes and learning about the tax implications that come with it. When you rent your home, or a room in your home, as a short-term rental, you may be able to keep your income taxes to...
by OverviewFX | May 13, 2024 | taxes
If you made a mistake on your tax return, it’s not the end of the world. The IRS allows you to file an amended tax return to correct any mistakes that weren’t caught. In some cases, amending a tax return may be a requirement. You can amend your tax return to save...
by OverviewFX | May 13, 2024 | taxes
Congratulations, Class of 2024 — you did it! While graduation is a major milestone that should be celebrated, it is also a time to prepare, both mentally and financially, for your shift into the “real world.” As you transition into this next phase of your life, here...
by OverviewFX | May 2, 2024 | taxes
Are you a wedding planner? While wedding planning may be a unique business to be in, the business expenses they incur can often be quite typical. Any expense – whether it is specific to the work you do or typical to all types of industries, can lower your taxable...
by OverviewFX | May 2, 2024 | taxes
While teaching is a very noble profession, sometimes it can be difficult and, at times, financially draining. However, the good news is that there are some tax benefits that teachers may qualify for. For all the teachers out there, here are a few benefits that can...
