by Logan Creek Creative | Dec 2, 2022 | TAX TIPS
One way to reduce your tax bill this year is to donate appreciated stock to a charity of your choice versus making a cash donation. While this will be a tough challenge in today’s market, it is still one of the best tax planning strategies available to you. This...
by Logan Creek Creative | Nov 21, 2022 | TAX TIPS
Plan Your 2023 Retirement Contributions As part of your planning for next year, now is the time to review funding your retirement accounts in 2023. Recent cost of living calculations means much higher contribution limits for next year. Plus the higher income phaseouts...
by Logan Creek Creative | Nov 14, 2022 | TAX TIPS
Highest Taxed Income in America And everyone seems happy to pay Tip Category: Your Income Now that the dust has settled on the big lottery winnings, it is worthwhile to see how the tax math works. Seen in the light of day, it is a great way for federal and state...
by Logan Creek Creative | Nov 8, 2022 | Uncategorized
The IRS recently announced in drafted instructions to the 2022 Form 1065 new relief provisions for filing Schedules K-2 and K-3. First introduced with the 2021 tax filing season, the intent of Schedule K-2 and K-3 is to provide the IRS and partners with detailed...
by Logan Creek Creative | Oct 31, 2022 | TAX TIPS
Don’t Run Afoul of the IRS’s Nanny Tax Tip Category: Miscellaneous The IRS is more strictly enforcing rules that determine whether a worker is actually your employee, rather than an independent contractor. So be careful if you regularly pay a gardener,...
