by Logan Creek Creative | Dec 10, 2021 | TAX TIPS
Plan Your 2022 Retirement Contributions As part of your planning for next year, now is the time to review funding your retirement accounts In 2022. With the cost of living calculations and increases in inflation, higher phaseout limits make many more taxpayers...
by Logan Creek Creative | Dec 1, 2021 | TAX TIPS
At the end of the year you will be inundated with commercials to donate a vehicle to charity. While it is one of the biggest contributions a taxpayer can make, if not done carefully, the tax deduction of a donated vehicle could be a lot lower than you think. The rule...
by Logan Creek Creative | Nov 15, 2021 | TAX TIPS
While each retirement plan has similar early withdrawal penalty exemptions, they are not all alike. Knowing these subtle differences within 401(k) plans can help you avoid a 10 percent tax penalty if you take money out of the plan prior to reaching age 59 1/2. This is...
by Logan Creek Creative | Nov 8, 2021 | TAX TIPS, Uncategorized
Is it really the IRS? Four tips to ensure your security Pretending to be an IRS agent is one of the favorite tactics of scam artists, according to the Better Business Bureau. The con artists impersonate the IRS to either intimidate people into making payments over the...
by Logan Creek Creative | Oct 29, 2021 | TAX TIPS
A Dozen Tax Planning Triggers With all the tax law changes over the past few years, here are some things that should trigger you to conduct a full tax planning session to ensure your tax bill is not higher than it needs to be. 1. You owed tax in 2020. Having a...
