The most serious problem facing taxpayers today is the complexity of the tax laws and other related materials published by the U.S. government. Even the IRS agrees. And, at an estimated 73,954 pages, the U.S. tax laws and interpretations keep growing and are more complex than they were just a few short years ago. If you add each individual state's tax laws and interpretations into the equation, the number becomes unthinkable!
If you’re like many taxpayers, you’ve probably tackled your taxes by using a packaged software program like TurboTax. Answer a few questions and it practically does your taxes for you. You probably even got a refund!
How do you know that the tax software you’re using is asking all the right questions for your particular situation? For some people, tax software does an adequate job. But for most it is just too risky!
You could be missing out on a bigger refund, lower tax or the worst - putting yourself in a future audit situation where you would pay much more in taxes, penalties, interest and fees than you could have ever realized! Do you really understand the risks of an audit and what documentation you're required to maintain?
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