Discover how paying taxes with a credit card can unlock huge rewards—or even turn a profit. Chris also shares how he's handling the current market decline and shares practical tips for teaching kids about money, stacking card-linked offers, and using VPNs for big savings. Click "More" to see the Advertiser Disclosure.
Resources Mentioned
Credit Cards
Advertiser Disclosure: https://chrishutchins.com is part of an affiliate sales network and receives compensation for sending traffic to partner sites, such as CardRatings, Bankrate.com and MileValue.com. This compensation may impact how and where links appear on this site. This site does not include all financial companies or all available financial offers. Terms apply to American Express benefits and offers. Enrollment may be required for select American Express benefits and offers. Visit americanexpress.com to learn more.
Best Cards Page: https://chrishutchins.com/cards/
100k Welcome Bonus Offer: https://chrishutchins.com/blog/chase-sapphire-preferred-card/
U.S. Bank Smartly Visa Signature Credit Card: https://usbank.com/credit-cards/bank-smartly-visa-signature-credit-card.html
IRS Authorized Payment Providers
Pay1040: https://pay1040.com/
ACI Payments: https://officialpayments.com/
Business Payment Platforms
Plastiq: https://plastiq.com/
Melio: https://affiliates.meliopayments.com/xzww2trxault
Flight Tracker: Flighty: https://flightyapp.com/
CardPointers Pro (30% off): https://chrishutchins.com/cardpointers
Rakuten ($30 bonus): https://chrishutchins.com/rakuten
Savewise (20% off with ALLTHEHACKS20): https://chrishutchins.com/savewise
Kudos ($20 bonus): https://chrishutchins.com/kudos
Hyatt Offer ($100 Off Peloton): https://onepeloton.com/partners/hyatt/offers
NordVPN: https://chrishutchins.com/nordvpn
Ben Carlon’s Chart - 31 Years of Stock Market Returns: https://awealthofcommonsense.com/2024/09/31-years-of-stock-market-returns/
Wealthfront
Get $5k managed free: https://chrishutchins.com/wealthfront
Get a 0.5% APY boost: https://chrishutchins.com/wfcash
ATH Podcast
Ep #59: Save Money, Build Wealth and Just Keep Buying with Nick Maggiulli: https://chrishutchins.com/wfcash
Ep #194: The Simple Path to Wealth and FU Money with JL Collins: https://chrishutchins.com/jl-collins-the-simple-path-to-wealth/
Newsletter: https://chrishutchins.com/email
Deals Page: https://chrishutchins.com/deals
Leave a review: Apple Podcasts: https://podcasts.apple.com/us/podcast/all-the-hacks/id1560751222?mt=2&ls=1
Spotify: https://open.spotify.com/show/3v8pyFFppVuIL5SvNOa1om
Email for questions, hacks, deals, and feedback: [email protected]
Full Show Notes
00:00 Introduction
00:57 Quick Reminder About Upcoming Tax Payments
02:16 Why and When You Should Pay Taxes on Your Credit Card
06:47 Paying Taxes on a Credit Card to Leverage Welcome Offers
08:05 How to Maximize a Credit Card Welcome Bonus of 100K
14:14 Three Tips from a Recent Trip to Colorado
16:53 A Great Way to Teach Kids About Money and Make a Profit
20:31 Stacking Offers to Get 30% Off Peloton Bikes
28:48 How to Use a VPN to Find Better Deals
30:38 Why It Might Be Cheaper to Pay with Different Currencies
32:36 The Recent U.S. Stock Market Decline
37:03 Chris' Personal Strategy for the 10% Market Drop
39:13 The Importance of Diversifying Your Portfolio
40:25 Tax Loss Harvesting and Why It's a Good Time to Consider It
Connect with Chris
Newsletter: https://landing.chrishutchins.com/newsletter
Membership: https://chrishutchins.com/join
X: https://x.com/hutchins
Instagram: https://instagram.com/chrishutchins
LinkedIn: https://linkedin.com/in/chrishutchins
Editor’s Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post.