Taxes

Paying taxes is never a fun chore, and it’s hard to know whether you’re going to owe money, be in the clear, or get money back. RateRush.com has all of the information to look for when you’re trying to complete your own taxes, as well as how to budget leading up to them and make the best decisions when filing. We’ll keep you informed on changes in the current tax system, things you should be aware of, how to choose an accountant to file for you, and anything else you may be looking for.

  • Photo of Take Advantage of these Investment Tax Deductions

    Take Advantage of these Investment Tax Deductions

    Below we'll go over investment tax deductions you may have overlooked, and the most effective ways to pay the least amount of taxes on your investments.

    Read More »
  • Photo of 8 Overlooked Tax Breaks

    8 Overlooked Tax Breaks

    Tax season is here, and with it comes a lot of paperwork and likely many missed opportunities to take deductions you didn’t even know existed. No one likes tax season. But everyone loves saving money. So instead of putting off your taxes until the last minute, have some fun claiming these eight overlooked tax breaks. 1. Miscellaneous Tax Deductions This…

    Read More »
  • Photo of The 2020 W-4 Changes: How Will It Impact Your Paycheck and Refunds?

    The 2020 W-4 Changes: How Will It Impact Your Paycheck and Refunds?

    Before sending out paychecks, a company is required to withhold payroll taxes for its employees. The amount is based on the federal withholding rate, minus “allowances” (i.e. credits or deductions), such as childcare expenses. Working individuals report these allowances on the Form W-4. However, the IRS is changing paycheck withholding rules because the 2019 W-4 filings created a lot of…

    Read More »
  • Photo of 5 Essential Personal Saving and Investing Tips for Freelancers

    5 Essential Personal Saving and Investing Tips for Freelancers

    There are many advantages to living the life of a freelancer. But the undeniable downside of freelancing is having a variable income that fluctuates from month to month. While freelancing can be freeing, it can also lead to an uncertain financial situation. Below, we’ll go through five essential personal saving and investing tips for freelancers to help deliver peace of…

    Read More »
  • Photo of Should You File Jointly or Separately?

    Should You File Jointly or Separately?

    Most married couples file their taxes jointly. This approach enables them to combine their income and utilize larger deductions or tax credits. For instance, the married filing separately child tax credit is much more limited in comparison to a joint return. Above all else, when you decide whether to file jointly or separately, it is important to keep in mind…

    Read More »
  • Photo of Work From Home Tax Deductions That You Can Claim

    Work From Home Tax Deductions That You Can Claim

    At home businesses have many advantages over their brick-and-mortar counterparts. For a start, entrepreneurs save money on gas and office rent. Similarly, freelancers that operate online enjoy unique benefits in comparison to employees who commute to a physical office location. However, transportation costs and rent are on the tax deductible expenses list of traditional businesses, but not digital ones. Nonetheless,…

    Read More »
  • Photo of Last Minute Tax Tips before the April Deadline

    Last Minute Tax Tips before the April Deadline

    Just in case you haven’t been paying attention to any breaking tax news, we have a list of top tips that could save you a large sum of money.

    Read More »
  • Photo of How to File a Prior Year Tax Return

    How to File a Prior Year Tax Return

    Filing late taxes does not have to be a scary project. With a few focused hours of work, most late and prior year taxes can be filed

    Read More »
  • Photo of The Leading 2020 Presidential Candidates on Taxes

    The Leading 2020 Presidential Candidates on Taxes

    This election is a widely anticipated one, and there are a lot of huge issues on the table for discussion. However, the discussion of taxes this year is quite different and also quite essential. The candidates, ranging from far right to far left, all have very different opinion on taxes. We see candidates like Bernie Sanders calling for high taxes…

    Read More »
  • Photo of Part Three: Preparing for Inflation-Adjusted Premiums

    Part Three: Preparing for Inflation-Adjusted Premiums

    In January, your tax credits and average health insurance cost, per month, are going to change. Whether it’s a private plan, an employer-sponsored one, or Medicare, all consumers’ income brackets are going to be adjusted for inflation. In short, if your household earnings go up, your premiums might not because of the higher income brackets. Moreover, consumers may even qualify…

    Read More »
Back to top button
Close