by Logan Creek Creative | Jun 21, 2022 | TAX TIPS
I’m Being Audited by the IRS! Less than 1% of more than 145 million individual tax returns filed during 2021 will be selected for audit. The percentage increases for higher income taxpayers, along with tax returns in areas of specific interest to the IRS....
by Logan Creek Creative | Jun 7, 2022 | TAX TIPS
What everyone should know Small business owners have a number of options on how to organize their business for tax purposes. And if you sell items on eBay or Esty, drive for Uber, or offer your services as a writer or programmer, you are probably considered a...
by Logan Creek Creative | Jun 1, 2022 | TAX TIPS
What’s New in 2022 Here are some key changes to the tax code for 2022. Use this information to help manage your tax obligation, a practice that can pay rich benefits if reviewed throughout the year. Tax brackets and rates While there is much discussion in...
by Logan Creek Creative | May 9, 2022 | TAX TIPS
A Tax Nightmare on Your Horizon MUST READ if using digital payment tools or reselling tickets Tip Category: What’s New A recent tax law change by this edition of Congress now requires transaction reporting to the IRS for anyone receiving more than $600 in...
by Logan Creek Creative | May 2, 2022 | TAX TIPS
Maximizing the Tax Benefit of Charitable Deductions Tip Category: Deductions Your charitable contribution deductions are still a great tax savings tool, but they now require more planning. Now is a great time to look at this area as part of your tax planning exercise....
by Logan Creek Creative | Apr 22, 2022 | TAX TIPS
If You’re Expecting a Refund, Read This! If you’re getting a refund, here are four useful tips to know. 1. The average refund is more than $3,500. Through February 18, the IRS reports the average refund is $3,536, which is up 22% versus the same time last year....
