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.
Top 7 Strategies to Protect Your Income from Taxes
You should always pay every penny that you owe to the government, but you should never pay more than you must. Below we’ll go over the top seven strategies to protect your income from taxes.Read More »
How Much Do You Need to Make to File Taxes?
There are quite a few people who, through a host of systems, as well as your annual income, may be able to opt-out of filing their income taxes at the end of the year.Read More »
A Guide to Doing Your Taxes
It is completely mandatory, but it can also be a somewhat intimidating and complex process.Read More »
What Are the New Tax Laws for 2019 Filing?
When individuals and households understand how they can take advantage of the modified tax laws, the savings are worthwhile.Read More »
30 Personal Finance Terms Every Person Should Be Well Versed With
This article will demystify most of the jargon related to banking, investments, loans, income tax, and retirement savings.Read More »
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 »
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 »
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 »
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 »
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 »