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Supporting Family Caregivers: How New Tax Credit Proposals Aim to Ease Financial Burdens and Strengthen Home Care

donald trump tax credit - Rush Tax Resolution

Donald Trump recently unveiled a new tax credit proposal aimed at supporting family caregivers and those who provide essential care for aging or disabled relatives, often at considerable personal and financial expense. This tax credit is designed to acknowledge the crucial role of family caregivers, who frequently step in to provide home-based care as a …

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Should You Hire A Tax Attorney For An IRS Audit?

An IRS audit is more than just a letter—it’s a potential minefield. You might think you can handle it on your own, but when things get complicated—think business income, multiple deductions, or discrepancies—you don’t want to go at it alone. A tax attorney for IRS audit defense brings more than legal know-how; they bring strategy, …

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Personal Tax Extension Deadline

Tax season can be stressful for some individuals. Each year, the IRS allows taxpayers to request a personal tax filing extension, which offers an additional six months to complete their returns. For 2024, this means individuals who need more time can file by October 15th instead of the usual April 15th deadline. While the extension …

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No Tax on Tips – Reality Check

Donald Trump’s proposal to eliminate taxes on tips means that income earned through tips would no longer be subject to federal income taxes. Here’s an overview of what this could entail and the potential pros and cons: What it Means • Current System: Under the current U.S. tax system, tips are considered taxable income. Employees …

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All New Five Star Reviews on the BBB!

Rush Tax wants to thank Eric, Greg, Carl and Maria for trusting us to help them put an end to their tax problems FOR GOOD! We love reading client testimonials like the ones below, and consider ourselves fortunate to work with such outstanding clients! Eric C 5 stars 06/24/2024 Michelle and her team really helped …

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