More Outstanding Five Star BBB Reviews!

Three more Great Client Reviews submitted to the Better Business Bureau

Patricia L
5 stars
01/28/25

The work completed by Rush Tax Service on my behalf was phenomenal and relieved me of an enormous amount of personal stress. I so appreciate the time they took, the work they did on my behalf, and am most grateful for their professionalism and kindness throughout. I would highly recommend them to anyone needing tax assistance--they were amazing to work with.

Tom T
5 stars
01/16/25

I don't know where to start, so about here... I attempted to use 2 other companies. A large national one and a local to me. One was more concerned about the payment I was paying them and the other, had to shut down mid settlement due to health reasons, so to say I was skeptical was a understatement. I kept hearing a ad on the radio, wrote down the number several times and decided to make the call. When I called, I set up the terms, called back 3 times to make sure this wasn't going to be a scam to take money. Then Jessica entered our life. To say she was a calming effect in my life would be a understatement. The amount we owed had put a strain on my marriage and that unfortunately was collateral damage. However Jessica, knowing this, was empathetic, caring and professional, constantly saying, " we got this", with every letter I would get. I know I could not have made it through with out her, guiding me through my panic attacks. At this point, we have gotten to the best scenario that could have been hoped for with the resolution. I would HIGHLY recommend Rush Tax, Jessica especially - don't let her go.

Richard H
5 stars
01/16/25

Michelle was professional, efficient, and successful in our case. If anyone finds themselves in a similar situation I will definitely refer them to Michelle at Rush.

An experienced tax professional can navigate the IRS's rules, statutes, and payment options to help you find the best way to eliminate your tax debt. Take the guesswork out of paying off your debt by speaking with a tax professional today. When seeking assistance, look for recommendations and check for a five star review on Better Business Bureau to ensure you're making a wise choice. A trusted expert not only clarifies your situation but can also provide ongoing support as laws and regulations evolve. This proactive approach can lead to greater peace of mind and financial stability.

 

CONTACT RUSH TAX RESOLUTION TODAY!

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 provides more time to file paperwork, any taxes owed must still be paid by April 15th to avoid penalties and interest. A thorough understanding of the personal tax extension deadline 2024 and its obligations is key to ensuring compliance and minimizing potential financial repercussions.

Why the Tax Extension Exists

The tax extension is designed to accommodate individuals facing challenges with gathering the necessary documents. Unforeseen circumstances may also prevent them from meeting the original April deadline.

Whether you are waiting on important tax forms, undergoing major life changes, or require more time to work with a tax professional, the extension offers relief.

While the extension delays the deadline to file paperwork, it does not delay the obligation to pay taxes owed by April 15th.

Important Dates for the 2024 Tax Year

The 2024 personal tax extension deadline is set for October 15, 2024. This date applies to individuals who have successfully filed for an extension before the regular tax deadline, which remains April 15, 2024. If April 15 falls on a weekend or holiday, the filing date may be shifted to the next business day.

April 15, 2024 lands on a Monday, so the filing deadline is unaffected. Taxpayers requesting an extension need to meet the April 15 deadline for submitting Form 4868. It’s the official request form for a tax filing extension.

Failure to file this form on time will result in penalties unless there are specific situations that qualify for automatic extensions. For example, active military duty in combat zones or natural disaster declarations. Even with an extension, the October 15 deadline must be met to avoid penalties associated with late filing.

How to File for a Tax Extension

Filing for a tax extension is a relatively simple process. Most individuals submit Form 4868, which is available on the IRS website or through most tax preparation software platforms. Filing the form can be done electronically or by mail, but the form must be submitted by April 15 to be valid for the 2024 tax year.

When filing Form 4868, you need to provide basic personal information, your Social Security number, your spouse’s Social Security number (if applicable), and an estimate of the tax liability for the year. It’s important to provide accurate information when filing the extension request. Discrepancies between your estimated tax liability and the amount owed could result in penalties or interest charges later.

Once the IRS approves the extension, you’ll have until October 15, 2024 to file your full tax return.

What Happens If You Miss the Extension Deadline?

If you miss the 2024 personal tax extension deadline of October 15, the IRS may impose significant penalties and interest charges. The failure-to-file penalty is typically 5% of the unpaid taxes for each month your return is late, up to a maximum of 25%. If you also fail to pay any taxes owed by the original April deadline, an additional failure-to-pay penalty applies. It’s typically 0.5% of the unpaid taxes for each month go unpaid. Not only can the consequences of not filing taxes include hefty penalties, but they may also lead to additional stress and financial burdens. The IRS has the authority to pursue collection actions, which could impact your credit score and financial stability. Moreover, unresolved tax issues might result in levies on your bank accounts or wages, making it essential to stay compliant with filing requirements.

The interest on unpaid taxes compounds daily from the original April deadline, meaning the longer you wait to file and pay, the larger the amount owed becomes. In extreme cases, individuals who repeatedly fail to file or pay taxes on time could face more severe consequences, e.g., potential legal action.

What If You Can’t Pay Your Taxes by April?

The IRS expects taxpayers to pay what they owe by April 15, even if they file for an extension. Failing to pay your taxes by this date results in interest and penalties. However, the IRS does provide options for those who can’t pay the full amount by April 15. Taxpayers can apply for a payment plan, allowing them to spread payments over time and reducing their financial burden.

For those facing significant financial hardship, the IRS offers additional options, such as an offer in compromise. Taxpayers may negotiate to pay less than the full amount owed. Communicate with the IRS as soon as possible if you anticipate difficulties paying your tax bill. Ignoring the issue will only lead to compounding interest and penalties.

Common Misunderstandings About Tax Extensions

One common misconception is that a tax extension provides extra time to pay taxes. In reality, the extension only allows more time to submit the tax return paperwork, while any taxes owed must still be paid by the original deadline of April 15, 2024.

Another misunderstanding is that filing for an extension increases your chances of being audited by the IRS. There’s no evidence to support this claim, and the IRS has made clear that the act of filing for an extension does not trigger additional scrutiny. The likelihood of an audit is based on the information provided in your tax return, not the timing of when it is filed.

Benefits of Filing for a Tax Extension

Although requesting a tax-filing extension may seem inconvenient, it comes with several significant advantages. Most importantly, it provides additional time to gather, organize, and carefully review all necessary documents. Filing under pressure can result in errors, potentially leading to missed deductions, overlooked tax credits, or, in some cases, triggering an IRS audit.

For individuals dealing with complex tax situations—such as significant life changes, large financial transactions, or business-related issues—the extra time also enables them to consult with tax professionals. This additional time helps maximize deductions, credits, and overall tax savings while avoiding the risks associated with rushed or incomplete filings.

Drawbacks of Filing for an Extension

While filing for an extension grants extra time, it also presents certain downsides. One of the key issues is that interest and penalties on unpaid taxes continue to accumulate if the balance isn’t settled by April 15. This can lead to a growing financial burden as interest compounds over time, even if you have a payment plan arranged with the IRS.

Postponing your return also delays any potential refund you may be due. For those who count on their refund to support financial plans or meet other commitments, this delay can disrupt cash flow for several months.

Penalties for Late Filing and Payment

The IRS imposes strict penalties for late filing and late payment of taxes. As previously mentioned, the failure-to-file penalty is 5% of the unpaid taxes for each month that your return is late. The failure-to-pay penalty, on the other hand, is 0.5% of the unpaid taxes for each month. Both penalties can be avoided by filing your return and paying your taxes by the appropriate deadlines.

In addition to these penalties, the IRS charges interest on unpaid taxes, which continue to accrue daily. Even if you file for an extension and avoid the failure-to-file penalty, the interest will continue to accrue from the original April deadline until the taxes are paid in full.

Do note that the IRS is less lenient toward habitual late filers. If you consistently file late or fail to pay your taxes, the IRS may take more aggressive action, including wage garnishment, levies on property, or legal action.

Special Considerations for Expatriates and Military Personnel

U.S. citizens living abroad, as well as military personnel serving in combat zones, may be eligible for automatic extensions. For expatriates, the IRS typically grants an automatic two-month extension, moving the filing deadline from April 15 to June 15. However, any taxes owed are still due by April 15, with interest accruing after that date if payment is delayed.

Military personnel stationed in combat zones or facing certain types of service-related delays can receive automatic extensions beyond October 15, depending on the circumstances. These extensions can provide much-needed flexibility for those serving their country.

Preparing for the 2024 Personal Tax Extension Deadline

With the personal tax extension deadline 2024 fast approaching, now is the time to start preparing. Whether you need more time to organize your document or wait for final tax forms, filing for an extension can give you the extra time you need. Remember that taxes owed must still be paid by April 15, 2024, to avoid penalties and interest.

It’s recommended to consult with a tax expert if you have any doubts about your filing process or tax liability. A professional can help you accurately estimate your taxes owed and guide you through filing Form 4868 or setting up a payment plan if needed. Additionally, it is important to explore tax relief options for individuals that may be available based on your specific situation. These options can provide significant savings and help alleviate some of the financial burden individuals face during tax season. Understanding the various programs and deductions can empower you to make informed decisions about your tax obligations.

Take Control of Your Tax Situation Today

At Rush Tax Resolution, we understand the stress and anxiety that comes with tax issues. Whether you're dealing with wage garnishment, bank levies, or unfiled returns, our team of tax attorneys and experts is here to help. We fight for you, ensuring that your assets are protected and your tax burden is minimized. With decades of experience resolving both IRS and state tax problems, we offer comprehensive services, including offer in compromise, penalty abatement, and tax lien assistance.

Our mission is simple: we resolve your tax problems quickly and effectively. We offer a consultation and upfront IRS transcript analysis with no obligation or hidden fees. If we can help, we will. If not, you’ll know it right away without spending a dime.

Don’t face the IRS alone. Contact us now and let our team members handle your tax issues. At Rush Tax Resolution, we take pride in offering the highest level of service and professionalism, ensuring that our clients get the relief they deserve.

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 who earn tips are required to report them to their employer, who then includes the tips in the employee's wages for tax purposes.
• Proposed Change: If tips were no longer taxed, employees would not have to report tip income on their tax returns, and this income would not be subject to federal income tax.

Pros
1. Increased Take-Home Pay: Workers in service industries, such as waitstaff and bartenders, would keep more of their earnings, potentially increasing their disposable income.
2. Simplified Tax Filing: Employees who rely heavily on tips would have a simpler tax filing process, as they would no longer need to track and report tip income.
3. Boost to Service Industry: Higher take-home pay might improve job satisfaction and retention in service industries, which often experience high turnover rates.
4. Economic Stimulus: More disposable income for service workers could translate into increased consumer spending, which might boost the economy.

Cons
1. Revenue Loss: The federal government could lose significant revenue from the taxes currently collected on tip income, which might impact funding for public services and programs.
2. Inequity: Critics might argue that this policy disproportionately benefits service industry workers while ignoring other low-income workers who do not receive tips.
3. Enforcement Issues: Determining what constitutes a tip versus other forms of income might become complicated, leading to potential abuses and loopholes.
4. Employer Reporting: Employers would still need to monitor tips to ensure compliance with minimum wage laws, adding complexity to payroll management. Businesses may find it beneficial to showcase testimonials from happy clients, as these endorsements can significantly enhance their credibility. By promoting positive experiences, companies can not only attract new customers but also strengthen relationships with existing ones. This practice fosters trust and can lead to increased customer loyalty in a competitive marketplace.

Potential Impact
• On Workers: Service workers would benefit directly through increased take-home pay, potentially leading to better financial stability for those in low-wage, tip-reliant positions.
• On Employers: Employers might see indirect benefits through improved employee satisfaction and reduced turnover, but they would still need to navigate the complexities of tip reporting for wage compliance.
• On Government Finances: The federal government would need to address the potential shortfall in tax revenue, possibly requiring adjustments in other areas of the budget or tax system.

What do YOU think??

Rush Tax offers a FREE IRS transcript investigation and analysis UPFRONT - and a FREE pre-qualification consultation to see if you qualify for an Offer in Compromise. Understanding offers in compromise explained can help taxpayers make informed decisions about settling their IRS debts. Many individuals find the process daunting, but with the right guidance, it can lead to significantly reduced payments. Consulting with experts like Rush Tax ensures you receive tailored advice that fits your unique financial situation. With resources such as Joel Osteen's SiriusXM channel insights, individuals can find inspiration and encouragement on their financial journeys. The positive messages shared in these insights can empower taxpayers to take control of their financial situations. By coupling motivational guidance with practical advice, you can navigate the complexities of tax resolutions more confidently.

Check out some of our actual client results here!

An experienced tax professional can navigate the IRS's rules, statutes, and payment options to help you find the best way to eliminate your tax debt. Take the guesswork out of paying off your debt by speaking with a tax professional today. Understanding tax deductions for business expenses can significantly reduce your overall tax liability. A knowledgeable tax professional can pinpoint which expenses qualify, allowing you to maximize your savings. This strategic approach not only aids in managing current debt but also prepares you for future tax seasons. To effectively stop IRS wage garnishment strategies, it's crucial to understand the various relief options available, including settlement negotiations and establishing payment plans. By partnering with an experienced tax professional, you can explore these avenues and choose the most suitable one for your financial situation. This proactive step can lead to a more favorable resolution, providing you with peace of mind and a clearer path forward.

 

CONTACT RUSH TAX RESOLUTION TODAY!

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 me not only stop the collections but also worked out a deal for me that fit into my life where I could move forward without having to completely change my day to day life and still provide for my family. I had worked with another company before **** who were absolutely no help, and seemed to care more about getting the file off their desks and getting paid than actually helping me. That company had great online reviews but were terrible! Michelle saved me from them and truly did her best to help me in anyway she can and continues to do say daily! I cant recommend them enough!

Greg G
5 stars
05/31/2024

Having to deal with the IRS was very stressful, they made all sorts of threats from taking my home and freezing bank accounts it was one of the worst things I had to deal with. My decision to work with Rush Tax Resolution is one of the best decisions I have ever made. Jessica put my mind at ease and made the whole process so much better, I cant thank her and the team at Rush for all their help in getting my issue resolved once and for all. I highly recommend Jessica and the Rush Tax Resolution Team Thank you !!!!

Carl S
5 stars
05/30/2024

The service and quality received by Rush and my personal agent Jessica Thomas far exceeded my expectations and turned a stressful situation around quickly. I highly recommend Jessica and this team! Will use again for any potential future needs. Their dedication to customer satisfaction is evident, reflected in the five star ratings by customers. It's clear that they prioritize their clients' needs and consistently deliver exceptional results. This level of service provides peace of mind, ensuring that you are in capable hands during challenging times. This commitment to providing positive client experiences on bbb fosters trust and loyalty among customers. Clients feel valued and heard throughout their interactions, leading to lasting relationships. The positive feedback on platforms like the Better Business Bureau underscores the impressive track record of this exceptional team.

Maria B
5 stars
05/24/2024

After initial contact, Jessica was assigned to our account. She has been wonderful to work with and has taken away a lot of our stress and anxiety. She is very professional and always keeps the lines of communication open. We had just started working with her when she also helped me get through a very difficult time. Truly appreciate her and her kindness She is knowledgeable, great to work with and would recommend Jessica and Rush Tax Resolution.

An experienced tax professional can navigate the IRS's rules, statutes, and payment options to help you find the best way to eliminate your tax debt. Take the guesswork out of paying off your debt by speaking with a tax professional today.

 

CONTACT RUSH TAX RESOLUTION TODAY!

Four More New Incredible Client Reviews on the BBB!

We may be a little biased, but we're still positive we have the absolute BEST clients! We let them know throughout the process that we're on this journey with them, and the light at the end of the tunnel is definitely NOT a train!

And that the journey does have an end - an end to the stress and sleepless nights that tax problems almost always seem to bring on.

It's been our pleasure working with Joan, SH, Mike and Harold, and we so appreciate them taking the time to leave such amazing BBB reviews about their experience with Rush Tax!

Joan W
5 stars
05/14/2024

Jessica was a great help in my relocation with the IRS on tax problems. She was knowledgeable and always very responsive to my questions and calls.

S. H
5 stars
05/13/2024

I had the privilege of working closely with Jessica at Rush Tax to resolve a challenging tax problem, and I couldn't be more grateful for her exceptional support. She not only demonstrated expertise in tax matters but also showed a remarkable ability to listen to my concerns and patiently guide me through the process. She took the time to understand the intricacies of my situation and provided clear explanations every step of the way, ensuring I felt informed and empowered throughout the process. Her professionalism, patience, and attention to detail were truly commendable. If you're facing a tax problem and need expert assistance from someone who genuinely cares, I wholeheartedly recommend her at Rush Tax. Her dedication to her clients' well-being and her commitment to resolving issues with care and precision make her an invaluable asset. Thank you, Jessica, for your outstanding support!

Mike E
5 stars
05/13/2024

I have been working with Jessica at Rush - she is very knowledgeable and responsive. Its great having the professional backing of Rush when dealing with the IRS. Jessica took the pressure off and is diligent in finding the possible resolution - I highly recommend her and Rush Tax Resolution! I have come across three excellent client testimonials that highlight the exceptional service provided by Rush. Many clients express their appreciation for how stress-free the process becomes with the guidance of dedicated professionals like Jessica. It is evident that the team at Rush Tax Resolution prioritizes client satisfaction and effective solutions. The company has consistently earned five star reviews on bbb, further solidifying its reputation in the industry. These reviews serve as a testament to the dedication and expertise that the team brings to every case. Prospective clients can feel confident knowing they are choosing a provider with such high regard from its customer base.

Harold P
5 stars
05/13/2024

Jessica did a really great job for us. Without a doubt I would recommend Rush Tax Resolution

An experienced tax professional can navigate the IRS's rules, statutes, and payment options to help you find the best way to eliminate your tax debt. Take the guesswork out of paying off your debt by speaking with a tax professional today.

 

CONTACT RUSH TAX RESOLUTION TODAY!

New Five Star Reviews on Yelp!

Thank you to Lawrence, Paul, Roby and Joseph for the incredible 5-star Yelp reviews and for singing the praises of our expert Case Managers - Michael, Michelle and Jessica. We consider ourselves incredibly fortunate to have these tax SUPERSTARS at Rush Tax. They are there every step of the way with our clients, and their communication skills are second to none - as you can see by reading on...

• Lawrence J.
5 Stars
5/30/24

After my divorce I found myself in some tax trouble, not just paying the taxes but going back years to make sure I and my wife were up to date. Michael G was assigned to our account and was great to work with, stayed on top of things and most importantly contacted us often to let us know how things were going and how we were doing. He did a great job guiding us through the process, making sure the forms were correct and that everything the IRS needed was filed so that we were up to date with the agency.

• Paul N.
5 Stars
5/25/2024

I would recommend dealing with Michelle. She was so easy to talk to very understanding of my situation, and took care of my tax needs extremely promptly. I went from looking at garnishments and levees to the IRS putting me in a non-collectible status. She was absolutely amazing to work with, and I would never recommend another tax company.

• Roby F.
5 Stars
5/31/2024

Jessica T is as knowledgeable as they get on this business .
Thank you for being so kind , patient and understanding. You've made this experience very pleasant. It's important to consider feedback from others, especially when looking at better business bureau testimonials that highlight reliable and trustworthy service. These endorsements can significantly influence potential customers' decisions. Knowing that a company maintains a positive reputation in the community adds to the overall confidence in their offerings. When it comes to dining out, starstudded service ratings for restaurants can often serve as a guiding light for diners seeking memorable experiences. A restaurant that consistently receives high praise from its customers is likely to stand out in a crowded field, attracting food enthusiasts eager to savor top-notch meals. This level of acclaim not only boosts the restaurant’s profile but also assures patrons that they are making a worthy choice.

• Joseph K.
5 Stars
5/23/2024

Rush Tax Resolution is terrific, especially my consultant Jessica Thomas. Jessica is very professional, and quite knowledgeable in tax laws. Jessica was always available if I had a question or if an issue needed to be resolved. She would periodically check in with me to see if the IRS had been in contact with me or not. After many years of paying my taxes without issue,to suddenly have a finacial problem with the IRS, is quite intimidating. It was good to know that Jessica had my back. She is a credit to Rush Tax Resolution. In her role, Jessica stays updated on all changes in tax regulations, which truly sets her apart from others. I found her insights incredibly helpful, similar to the way a triple crown winner reviews each aspect of their performance to maintain excellence. Her dedication to her clients is evident, making the tax resolution process far less daunting.

An experienced tax professional can navigate the IRS's rules, statutes, and payment options to help you find the best way to eliminate your tax debt. Take the guesswork out of paying off your debt by speaking with a tax professional today. With fantastic client reviews on Yelp, you can trust that many have found success in resolving their tax issues. Choosing the right tax professional not only eases your financial burden but also provides peace of mind as you navigate through complex tax regulations. Don’t hesitate to reach out and find someone who aligns with your needs and shares a proven track record of satisfied clients. As you explore your options, don’t forget to check reviews that highlight amazing dining experiences on Yelp, which can offer insights into the quality and service of your chosen professional. Just as customers rely on Yelp to make informed dining choices, you can leverage client testimonials to find reputable tax professionals. This approach ensures that you not only receive expert guidance but also the confidence that comes from knowing others have successfully navigated similar challenges.

 

CONTACT RUSH TAX RESOLUTION TODAY!