Blog
Debunking Estate Plan Myths For El Paso Taxpayers
On Friday, the IRS began accepting tax returns and people like me all around the country started buckling up for what is already quite a ride.With new PPP loans for El Paso small business owners, credits aplenty in all of the variety of stimulus bills, DELAYS from the...
Attention All El Paso Taxpayers, Tax Season Is Here
Congratulations to the Patriots -- I mean the Tampa Bay Buccaneers -- for their Super Bowl victory.Here at Rapid Cash, we don't have a lot of time to pay much attention to such doings since tax season is here. Even though the actual submission of tax returns to the...
El Paso Taxpayers It’s Time To Deal With Your 2020 Tax Return
We can't electronically submit tax returns to the IRS until Friday, February 12. Nobody can.But that doesn't mean we can't help you get started. In fact, we're already in process with a few El Paso clients, and more and more are contacting us every day.If you want to...
Retirement Money and Five Financial Mistakes To Avoid by Rapid Cash
This is the time of year when we are normally opening up to file returns on behalf of El Paso clients, and taking a breath of "calm before the storm".Not this year though. Not only is actual tax filing delayed until February 12, but Congress made their end-of-year...
Rapid Cash’s Tax Checklist for El Paso Taxpayers
Every year within the independent tax and accounting business community here in El Paso (and on various online channels), we have a little fun laughing at the newest TurboTax or Block commercials. Last year, it was "all people are tax people". This year, they're...
Rapid Cash’s Four Keys To Focus And Building Momentum in 2021
It seems so long ago (it was only last week) that we were cueing the fireworks and celebrating leaving 2020 in the rearview.But after all of the events of the past week, it seems wise that we might adjust to the fact that the world around us is not what it might have...
Five Key Takeaways From The Second Coronavirus Relief Bill For El Paso Taxpayers
Say it with me again: it's a whole new year. 2020 is in the rearview...And 2021 is starting with some very nice treats for regular families in the clunkily-named "Coronavirus Response and Relief Supplemental Appropriations Act of 2021", also known as the "Consolidated...
Rapid Cash’s Very Last Minute Tax Moves for 2020
These weeks are disjointed, these holiday weeks. As of this writing, there are only three days left in 2020, and this week contains New Year's Eve and New Year's Day.So if you want to make ANY 2020 moves (outside of IRA things, which can be retroactively applied after...
Rapid Cash’s Annual Holiday Prayer
This will be a different kind of note today than I normally post.Because the first thing to note is that a bona fide holiday miracle seems to have occurred: Congress agreed on another relief bill.Given this cultural climate, this might rank up there with the...
Five Key Habits of the Wealthy El Paso Clients We Serve
The clock is really ticking now on 2020.But before you celebrate, please -- for the love of Pete -- make SURE that you are getting whatever needs doing done NOW that might affect this year's taxes. I've been banging this drum the last couple weeks, but I know how...
Paying Off Debt by Rapid Cash
Last month, I talked about [ENGBLOG]some potential moves El Paso taxpayers could make by the end of the year. I wanted to remind you of those possibilities before I get to what else I want to talk with you about... (paying off debt)Those were:Look ahead to 2021 --...
When Conventional Financial Advice Is Wrong by Rapid Cash
Is there such a thing any more as "conventional wisdom"?It's a fair question to consider as we retreat further and further into our ideological silos as a society -- only reading "news" from the slant that makes us feel smartest ("See, if [smart person I read] says...