Tax Preparation software like TurboTax or TaxAct can be thought of as a tool for individual taxpayers. Like any tool, the tax preparation software can produce fine work or can produce a complete mess. Just as a good carpenter never blames his tools, a taxpayer should never blame their software.
The Tax Courts determined that [...]
Continue Reading →What are the effects of moving between the 10%, 15%, 25% and 28% marginal tax brackets? The answer, like most questions on tax, is that it depends. Different levels of income and family situations dictate the different level of income taxes paid. There is a difference to be aware of when moving from the 15% [...]
Continue Reading →Thinking about Free 1040EZ through a national chain? Think again!
Many national chains will file a form 1040EZ for free as a service to customers but will always
try to sneak in hidden charges. The most common hidden charge is a fee to file a state return that
can cost upwards of $40 [...]
Do you own a home or give to charity in Oshkosh or the Fox Valley? If so, timing certain payments can save you hundreds of dollars in taxes by grouping your deductions in certain calendar years. Tax Relaxer is available to help you maximize your deductions.
You may already know that you receive a [...]
Continue Reading →If you are like most Oshkosh or Fox Valley business owners, you may have taken a deduction for your home office or for an area of your house used in business. Also, you may be familiar with the 43-line Form 8829, the form used to calculate an [...]
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The Fiscal Cliff
This past summer, my wife Jamie and I visited High Cliff State Park. The cost of admission was $7. I’m ashamed to say I grew tired climbing the path to the 40-foot observation tower at the vantage point of the cliff. From the observation [...]
Continue Reading →When you have ideas of starting a retail business, you dream of the storefront, what you’ll sell, and how much you’ll charge for it. The last thing on your mind is the first thing you have to accomplish. That is letting your State and Federal Government know that you are doing this. [...]
Continue Reading →The bulk of my work in tax return preparation is in the world (specifically the Appleton – Oshkosh area) of income tax . I add up a taxpayer’s income, and then deduct everything I am legally able to in order [...]
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"Back in college I pitched an idea to my marketing student group that I truly believed in: "Anything of quality can be had at an affordable price." The Tax Relaxer is built on the same simple principal: "Quality Returns, Prepared and Reviewed by a Quality Specialist, for an Affordable Price, PERIOD."
- Kevin McMullen, Founder
