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,...
by Logan Creek Creative | Oct 17, 2022 | TAX TIPS
Lower This Year’s Tax Obligation Action to take now! Tip Category: Planning Now is a good time to assess your current situation and address those lingering tax moves that may improve your tax picture for 2022. Here are five things to consider: 1. Check on your...
by Logan Creek Creative | Oct 3, 2022 | TAX TIPS
File That Tax Return! October extension deadline fast approaching Monday, October 17th marks the extension deadline for filing your 2021 Form 1040 tax return. Given all the recent tax legislation, numerous stimulus checks and COVID-related tax changes, there are more...