by Logan Creek Creative | May 8, 2023 | TAX TIPS
As a busy working parent, you may be concerned about what activities are available for your kids this summer. There may be a solution that’s also a tax break: summer camp! Using the Child and Dependent Care Credit, you can be reimbursed for part of the cost of...
by Logan Creek Creative | Apr 28, 2023 | TAX TIPS
Your kids are getting older. Before you know it they’ll be dating, driving and entering college (if they aren’t already!). Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. Consider the...
by Logan Creek Creative | Apr 24, 2023 | TAX TIPS
Put Your Tax Refund to Good Use Three-fourths of filers get a tax refund every year, with the average check weighing in at $2,972* so far this tax season. Here are some ideas to put that money to good use: Pay off debt. Part (or all!) of your refund could be used to...
by Logan Creek Creative | Mar 31, 2023 | TAX TIPS
Understanding the Gift Giving Tax Excess gift giving could cause a tax surprise Tip Category: Planning In an effort to keep taxpayers from transferring wealth from one generation to the next tax-free, there are specific limits to the amount of gifts one may give to...
by Logan Creek Creative | Mar 20, 2023 | TAX TIPS
Tip Category: The Audit Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the number one target of audits are those tax returns with a Schedule C for small business activity. So how can you...
