by Logan Creek Creative | Oct 26, 2020 | TAX TIPS
Every year taxpayers are hit with tax surprises that could be avoided if they just knew the rules. Here are five big ones that are easy to avoid with some simple planning. Mistake #1. Withholding too little. This results in a tax...
by Logan Creek Creative | Oct 20, 2020 | TAX TIPS
The Social Security Administration announced a 1.3 percent boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2021. The increase is based on the rise in the Consumer Price Index over the past 12...
by Logan Creek Creative | Oct 14, 2020 | TAX TIPS
“Should I refinance my mortgage?” is a question we hear often. A proper answer would be based on your individual circumstance but in general the video below is pretty solid information. Call us and we can go over your situation and help you determine what...
by Logan Creek Creative | Oct 6, 2020 | TAX TIPS
How a tax law makes us sloppy and creates a tax risk One of the more popular provisions in the tax code is the $250,000 capital gain exclusion ($500,000 for a married couple) of any profit made when selling your home. As long as you follow the rules, most home...
by Logan Creek Creative | Sep 30, 2020 | TAX TIPS
Know when you should ask for professional help. Before taking action talk to your tax adviser. How many times have you seen this legal disclaimer? Unfortunately, all too often taxpayers do not follow this advice and then must pay the price with an unnecessarily high...