Using Tax Software

Using Tax Software Revisited: The Pros and Cons of Doing It Yourself!

  • Is using tax software ever a good idea? A flood of new software and apps hit the market each year, all promising to make your tax returns a quick and easy process and to save you oodles of money. You may find the concept of using tax software an interesting idea, especially if you can save as much money as the advertisements claim. Let’s take a closer look at the pros and cons of doing your taxes with the aid…
    Tax Bracket

    The Ugly Truth About Changing Your Tax Bracket

  • What is a tax bracket, and what does it mean for you? The United States federal income tax utilizes a progressive - or tax bracket - system to determine how much singles or married couples will pay in yearly taxes. Since the implementation of the American Taxpayers Relief Act, the IRS divided the taxpayer population into seven tax brackets, determined by the amount of personal income earned within the space of a year. The more money you make, the higher…

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