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 →
Interest payments add up. Car payment, credit card payments, business expenses, mortgage and recurring monthly bills add up, and they can add up quickly. One day you are making payments adding up to $500, and in the blink of an eye you could be staring down the barrel of $5,000 a month. [...]Continue Reading →
A short video blog I recorded yesterday while watching some football. You can see in the video what the new home office looks like as well. It’s is regarding the tax implications of marriage. There were a million reasons I got married; but I have to say, for a bean counter, this [...]Continue Reading →
Something I really enjoy doing, that I donâ€™t do nearly often enough, is driving around neighborhoods on the weekend in search of rummage sales. Garage sales! Itâ€™s best when they have signs from a main road that just guide you in. Today I bought Tom Clancys: Rainbow Six. [...]Continue Reading →
A little over four years ago, in 2007, I was finishing up my sophomore year at the University of Wisconsin at Oshkosh. My GPA might have been a 2.9x (Mom always told me to get a 3.0 or better). School was never my favorite thing in the world, and I think the feeling [...]Continue Reading →
The United States controls the largest economy in the world, and one that has not gone bankrupt once in its 235 year history. It is safe to say that the country is a pretty safe investment. So revered is this fact, that just about everywhere in the finance world, the â€œrisk-freeâ€ rate of return [...]Continue Reading →
I always correct people.
â€œYou went to school for accounting, right?â€
â€œNo, I was a counting major.â€
*Gasps of enlightenment from all who heard*
I used to say accounting is the language of business, but that doesnâ€™t get as many laughs.
When a lot of people think about accountants, they think about â€œbean countersâ€, counting [...]Continue Reading →
"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