by Logan Creek Creative | Jul 15, 2023 | TAX TIPS
While the maximum capital gain tax rate can be as high as 23.8 percent, most taxpayers pay 15 percent. But there is the possibility to have your capital gains go tax-free…yes, zero percent! In fact, this tax break has been around for more than a decade...
by Logan Creek Creative | Jul 11, 2023 | TAX TIPS
Contribution limits for the ever-popular health savings account (HSA) are set for 2024. And inflation adjustments break through the historic trends of 1 to 2% increase each year. Next year the amount you can save to pay for health costs with pre-tax dollars jumps by...
by Logan Creek Creative | Jul 5, 2023 | TAX TIPS
Know someone getting married? Send them this tip now. If you recently got married, plan to get married, or know someone taking the matrimonial plunge, here are some important tax tips every new bride and groom should know. Notify...
by Logan Creek Creative | Jun 29, 2023 | TAX TIPS
“Time is running out for more than a million people to get their tax refunds for 2019,” said IRS Commissioner Danny Werfel. “Many people may have overlooked filing a 2019 tax return due to the pandemic. We don’t want people to miss their...
by Logan Creek Creative | Jun 19, 2023 | TAX TIPS
With the recent interest rate increases made by the Federal Reserve, it is time once again to actively manage your savings to ensure you are getting the most for your money. Here are some tips to consider. Maximize the kiddie tax opportunity. Remember, the first...
by Logan Creek Creative | Jun 12, 2023 | TAX TIPS
If you have not already done so, now is the time to review your tax situation and make an estimated quarterly tax payment using Form 1040-ES. The second quarter due date is now here. Due date: Thursday, June 15, 2023 You are required to withhold at least 90 percent of...