by Logan Creek Creative | Apr 4, 2022 | TAX TIPS
In honor of the traditional day of practical jokes and harmless antics, instead of chasing the hottest new tax scam, why not arm yourself with traits that will help identify even the most recent version of them. Here is what you need to know: You are a target While...
by Logan Creek Creative | Mar 28, 2022 | TAX TIPS
I hate to be the bearer of bad news. Sometimes I have to tell a client they owe additional tax with their tax return. Of course, every situation is different, but many times, withholding from a paycheck is the culprit. Withholding is generally based on tables...
by Logan Creek Creative | Mar 28, 2022 | TAX TIPS
The most common reason that the processing of your tax return and/or the payment of your refund is delayed is because you made a simple error. According to the IRS, the most common errors this tax season are the incorrect reporting of the Recovery Rebate Credit...
by Logan Creek Creative | Mar 21, 2022 | TAX TIPS
New tax rules are creating confusion Home-related tax rules changing over the past few years have caught some taxpayers by surprise. When your mortgage company reports tax-related information to you and the IRS using Form 1098, it no longer means all the interest and...
by Logan Creek Creative | Mar 14, 2022 | TAX TIPS
If you sell your principal residence for a profit, how is that profit taxed? A lot of folks think the gain is subject to tax, no matter what. Some think as long as you reinvest the sale proceeds the gain is “deferred”. Some even think you can only “defer” the gain...
by Logan Creek Creative | Mar 7, 2022 | TAX TIPS
Let’s face it, we’re living in a digital world now, and most anything you’re looking for can be found online, including a lot of records you would normally keep with your tax returns. I know there are some of you out there that have every piece of paper you’ve used to...
