by OverviewFX | Mar 24, 2025 | taxes
Pennsylvania’s state income tax rate remains straightforward for the 2024 tax year (the taxes due in 2025), with a flat rate of 3.07%. This single rate applies to all individuals regardless of their income level, making it one of the simplest tax structures in the...
by OverviewFX | Mar 20, 2025 | taxes
If you’re a beneficiary of a trust or estate—or a partner in a business (like an LLC, partnership, or S corporation)—you might find a Schedule K-1 in your mailbox this tax season. This form is used to report your share of income, deductions, and credits from entities...
by OverviewFX | Mar 19, 2025 | taxes
It’s that time of year again! And as the tax deadline approaches, many people find themselves scrambling to gather necessary documents, track down missing W-2s, and complete their tax returns on time. But what if you need just a little more time to get everything in...
by OverviewFX | Mar 15, 2025 | taxes
President Trump’s Tax Proposals: Overtime Tax, Taxes on Tips, and Tax Cuts and Jobs Act Extension and More – Intuit TurboTax Blog Skip to main content
by OverviewFX | Mar 14, 2025 | taxes
The amount of taxes you pay has a significant impact on your take-home income, but there are several strategies you can use to reduce your taxable income and save money. The mortgage interest deduction is one of several tax deductions you may qualify for. If you make...
by OverviewFX | Mar 12, 2025 | taxes
When you own a business, you’re taxed differently than individuals. You’re not just responsible for paying business income tax; you may also have to pay employment taxes, among other types of taxes. Understanding how taxation on businesses works is a key part of...