by OverviewFX | Dec 12, 2023 | taxes
Today the IRS announced another delay in reporting thresholds for third-party settlement organizations (TPSOs) set to take effect for the upcoming tax filing season. As a result of this delay the TPSOs will not be required to report tax year 2023 transactions on a...
by OverviewFX | Dec 11, 2023 | taxes
Tax day is in a few months (Monday, April 15, 2024), and TurboTax’s new and latest offerings will transform the tax filing experience like never before. Today, Intuit announced the latest evolution of the TurboTax Live Full Service offering, which will launch on...
by OverviewFX | Dec 11, 2023 | taxes
Every year around this time, we start thinking about what we plan to do in terms of charitable contributions. For most, there are a few organizations we like to support with cash, and a few we like to support with time. Regardless of how you decide to give, it’s...
by OverviewFX | Dec 11, 2023 | taxes
Beginning on Cyber Monday, the Internal Revenue Service (IRS) and Summit Partners, which includes TurboTax, state tax agencies, and other tax industry partners, kicked off the 8th National Tax Security Awareness week from November 27 through December 1 with...
by OverviewFX | Dec 11, 2023 | taxes
If you plan to donate to a charity before year-end, you may be wondering how your donation affects your charitable contribution deduction. Here’s the scoop! Don’t be fooled by scammers — especially in the wake of all of the charitable opportunities following the...
by OverviewFX | Dec 11, 2023 | taxes
They say ignorance is bliss. However, ignoring your debts can lead to an unimaginable consequence: a lower paycheck. If you don’t respond to payment requests and refuse to show up in court, then your unpaid debts may end up with you having your wages garnished. And,...