by OverviewFX | Jun 7, 2024 | taxes
Even though the dependency exemption was eliminated under the tax reform, there are still some tax benefits you can take advantage of to maximize your tax refund if you have dependents. These tax benefits can significantly reduce or even eliminate your tax liability....
by OverviewFX | Jun 7, 2024 | taxes
Self-employment can be hard, but if it was easy, everyone would do it, right? Whether you are trying to get ready to file your taxes, figuring out estimated taxes, or are gearing up for next tax season, take a look at these tax tips for the self-employed. You won’t...
by OverviewFX | Jun 7, 2024 | taxes
When you run your own business, travel is inevitable. Yet, when it comes to deducting that business travel on your taxes, you may feel like you are dealing with a lot of unclear rules and gray areas. If you ask a dozen friends who are business owners, you will likely...
by OverviewFX | Jun 7, 2024 | taxes
Contributing to a 401(k) can be a smart way to start preparing for retirement — but there are a few rules to keep in mind. 401(k) contribution limits tell you how much you can contribute in a calendar year. There’s also a combined contribution limit for you and your...
by OverviewFX | Jun 7, 2024 | taxes
Summer is the time of year when some people dive into entrepreneurship. Whether it’s a summer job, a part-time gig, a side-hustle or a small business, your new found business venture may result in your being classified as self-employed. If that’s you or someone you...
by OverviewFX | Jun 7, 2024 | taxes
With so many people facing difficult times due to the high cost of living and recent natural disasters, there are many ways to help those in need. Whether you already gave to charity or you are considering giving, you may be wondering what charitable donations are tax...