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California Income Tax Rates

California residents pay the highest income tax rates in the country…

California is a paradise to its 38 million residents. Wines in Napa, celebs in L.A., Disneyland in Anaheim, the zoo in San Diego, well, there’s a lot to see and do.

However, living in the golden state comes with a hefty price tag. California levies the highest tax rates in the country. If you’re a new CA resident, you’re bound to notice it most when you file your state return.

Just how pricey is it?

Here are the 2014 California income tax rates for single filers:

California 2014 Tax Rates.jpg

If you’re Married Filing Jointly or Head of Household, just double the income brackets listed above. Continue reading “California Income Tax Rates”

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What You Should Know About Arizona Retirement Taxes

Wondering About Arizona Retirement Taxes? RapidTax is here to help.

If you live in or plan on moving to Arizona, you should know that the state has more to offer than just great weather.

Not only is Arizona home to the very famous Grand Canyon, it’s also a tax-friendly state for retirees.

Rather than sorting through Arizona’s Department of Revenue website, you can quickly learn why Arizona has become a popular destination for retirees.

Social Security is Not Taxed

Arizona is a destination to many retirees thanks to the state not taxing Social Security benefits.

That right, Social Security checks aren’t subject to taxation in Arizona. Continue reading “What You Should Know About Arizona Retirement Taxes”

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How To File State Taxes If You Have Dual State Residency

If you live in one state and work in another, you’ll need to file two tax returns

When it comes to filing state taxes, it can get confusing, especially if you spend time in multiple states. You may be wondering if you can even be a resident of two states or if you’ll need to file taxes to more than one state.

The RapidTax team is available to help you with tax questions you may have. In fact, you’ll be able to report your income from multiple states with RapidTax!

There’s a variety of reasons why you consider yourself a resident of more than one state.

For example, you could;