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...
by Logan Creek Creative | Sep 23, 2020 | TAX TIPS
Does your paycheck look a little higher than normal? If so, it could be a tax time bomb. The Problem A payroll tax deferral beginning September 1 was recently signed via a presidential executive order. The potential deferral of your portion of Social Security as an...
by Logan Creek Creative | Sep 14, 2020 | TAX TIPS
by Logan Creek Creative | Sep 9, 2020 | TAX TIPS
Is there a taxable income reduction idea you can use? Many tax experts talk about shifting your tax burden from one year to the next. While in theory it may make sense, how can you make it work for you in practice? The concept Since the tax code is complex in its...
