by Logan Creek Creative | Mar 23, 2020 | TAX TIPS
COMMON TAX MISTAKES As we start tax filing season 2020 I thought it might be a good idea to go over some mistakes that are easy to make when filing your return. All won’t apply to you but one might save you money. “Tax simplification” was one of the big selling points...
by Logan Creek Creative | Mar 23, 2020 | TAX TIPS
Above The Line Last week I talked about some common mistakes, and I mentioned that the Standard Deduction was essentially doubled with the passage of the tax bill of 2017. For single taxpayers the Standard Deduction is $12,200 and $24,400 for married taxpayers in...
by Logan Creek Creative | Mar 16, 2020 | TAX TIPS
TAX PAYMENTS I think it’s safe to say these are unprecedented times, and there has been talk as I write this (and there may have been changes by the time you read this), but eventually if you owe additional tax on your 2019 tax return, you will have to pay it. Unless...
by Logan Creek Creative | Mar 9, 2020 | TAX TIPS
Changes to Retirement Plan Rules You’re probably aware that your employer is putting most of the burden of saving for retirement on you, the employee. Years ago, many employers provided their employees with a pension, which is a retirement plan that pays you a monthly...
by Logan Creek Creative | Mar 6, 2020 | TAX TIPS
Recent legislation makes changes to popular retirement savings plans like IRAs and 401(k)s. Here are the major changes and how you can benefit from the new rules. You now have until age 72 before you MUST take withdrawals from your retirement accounts. How to take...
