by Logan Creek Creative | Nov 20, 2025 | TAX TIPS
For years, the tax code trend was to reduce the amount of interest that may be deducted on your tax return. Until recently, it really only allowed interest deductions as an itemized deduction on qualified residences and vacation...
by Logan Creek Creative | Oct 16, 2025 | TAX TIPS
Fair market value (FMV) is the price that property would sell for on the open market. It is the price that would be agreed on between a willing buyer and a willing seller, with neither being required to act, and both having...
by Logan Creek Creative | Aug 8, 2025 | Uncategorized
Want to jump start your child’s retirement with a million dollar tax-free account? Consider this: The million dollar idea As soon as your child begins to earn income, open a Roth IRA and set a contribution goal to reach before they graduate from high school....
by Logan Creek Creative | Jul 22, 2025 | TAX TIPS
The One Big Beautiful Bill Act (OBBBA) makes tip income tax-free. But as with any new tax law, the fine print matters, and some of these details still need clarification. Here is what you should know. The basic facts: From January 1, 2025 through...
by Logan Creek Creative | May 22, 2025 | Uncategorized
For some reason, some believe it’s better to receive than to give when it comes to filing taxes. While that may help your savings account, it’s not always a great idea. Here’s why. You are the bank. You are giving the IRS an interest-free loan. And...