by Logan Creek Creative | Jul 13, 2020 | 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 1st AND 2nd quarter due date is now here. Due Date: Wednesday, July 15, 2020 You are required to pay, or withhold from...
by Logan Creek Creative | Jun 26, 2020 | TAX TIPS
The kids are out of school and summer is well underway. Make sure you understand the rules regarding the tax deductibility of summer activities and related daycare expenses through the use of the Child and Dependent Care Credit. Collecting those receipts now can save...
by Logan Creek Creative | Jun 22, 2020 | TAX TIPS
Wouldn’t it be nice to check out of the workforce early and not have 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. Here are...
by Logan Creek Creative | Jun 11, 2020 | TAX TIPS
Signed into law June 5th, the Paycheck Protection Program Flexibility Act modifies the original PPP loan provisions of CARES Act. Among other items, the law addresses some of the concerns borrowers have regarding loan forgiveness. Loan Forgiveness Provisions: • The...
by Logan Creek Creative | Jun 9, 2020 | TAX TIPS
With the tax filing extension giving you until July 15th to file your return, it is easy to overlook ways to avoid receiving a letter from the IRS. Here are some of the most common tax filing mistakes: Forgetting a W-2 or 1099. The IRS does an effective job...