by Logan Creek Creative | Oct 14, 2021 | TAX TIPS
REPAY MY IRA We all know the adverse financial impact of the pandemic on many Americans. Congress has enacted several laws designed to help bridge the financial gap. One of these laws may allow you to reduce your tax burden for 2020 and replenish your retirement...
by Logan Creek Creative | Oct 8, 2021 | TAX TIPS
Five Tax-Loss Harvesting Tips Though the markets have been up strongly this year, your investment portfolio could have a few lemons in it. Using the tax strategy of tax-loss harvesting, you may be able to turn those lemons into lemonade. Here are five tips: Tip #1:...
by Logan Creek Creative | Sep 20, 2021 | TAX TIPS
Those Pesky Records! What do I need to keep? 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...
by Logan Creek Creative | Sep 10, 2021 | TAX TIPS
If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The third quarter due date is now here. Due date: Wednesday, September 15th, 2021 Remember, you are required to withhold at...
by Logan Creek Creative | Sep 8, 2021 | TAX TIPS
Lending to friends and relatives can be tricky, and not only because of the stress it can place on your relationships. There are tax issues involved as well. If you have to lend money to someone close to you, here are some tips to do it right in the eyes of the tax...
