by Logan Creek Creative | Dec 7, 2024 | Uncategorized
As part of your planning for next year, now is the time to review funding your retirement accounts in 2025. Recent cost of living calculations means much higher contribution limits for next year. Plus the higher income phaseouts for eligibility will make many more...
by Logan Creek Creative | Nov 26, 2024 | Uncategorized
If you were married, divorced, or changed your name for any reason during the past year, do not forget to file to change your name prior to preparing next year’s tax return. The IRS automatically conducts a...
by Logan Creek Creative | Oct 14, 2024 | Uncategorized
Each of us needs to keep records that substantiate our tax return or other important life events for as long as they are needed. So what does this mean? The basic retention period. Federal tax return substantiation is generally three years from the later of the...
by Logan Creek Creative | May 1, 2024 | TAX TIPS
Seeing Inside the Mind of the IRS Using the IRS Audit Technique Guidelines (ATGs) While most of us are never audited, when it happens we can often feel overwhelmed. Remember that the IRS auditor performs these audits every day. They know what to look for, and may ask...
by Logan Creek Creative | Apr 26, 2024 | TAX TIPS
Wouldn’t it be nice to check out of the workforce early and not need to worry about having enough money for retirement? While good financial planning can help you get there, leveraging the tax code as part of your retirement plan is also a good idea....
