by Logan Creek Creative | Nov 16, 2020 | TAX TIPS
Government adjusts brackets for inflation In the American tax system, income taxes are graduated, so you pay different rates on different amounts of taxable income, called tax brackets. The more you make, the more you pay. For example, a single taxpayer will pay 10...
by Logan Creek Creative | Nov 9, 2020 | TAX TIPS
As important tax records start filling mailboxes, how can you make sure your tax preparation goes smoothly and efficiently this year? Here are some tips. Keep it all in one place. It seems obvious, but how often have you found...
by Logan Creek Creative | Nov 3, 2020 | TAX TIPS
A common misconception in tax filing has been that if you use the Standard Deduction versus itemizing your deductions you now have few additional benefits available to reduce your tax bill. This is often not the case. Standard or Itemize? Every taxpayer can take the...
by Logan Creek Creative | Oct 26, 2020 | TAX TIPS
Every year taxpayers are hit with tax surprises that could be avoided if they just knew the rules. Here are five big ones that are easy to avoid with some simple planning. Mistake #1. Withholding too little. This results in a tax...
by Logan Creek Creative | Oct 20, 2020 | TAX TIPS
The Social Security Administration announced a 1.3 percent boost to monthly Social Security and Supplemental Security Income (SSI) benefits for 2021. The increase is based on the rise in the Consumer Price Index over the past 12...
by Logan Creek Creative | Oct 14, 2020 | TAX TIPS
“Should I refinance my mortgage?” is a question we hear often. A proper answer would be based on your individual circumstance but in general the video below is pretty solid information. Call us and we can go over your situation and help you determine what...
