There’s no such thing as a simple W-2 anymore.
For many years, doing taxes as an individual was pretty straightforward. Get your W-2, complete your 1040, and you’re done.
The rise of many “do-it-yourself” tax services was the result of more and more people feeling comfortable with a process that seemed simple on the surface, but in reality was growing in complexity as tax laws continued to change without an end in sight. And the shifting sands of the regulatory landscape tends to have a greater impact on the individual taxpayer, especially when they’ve relied on a “DIY” approach for many years.
So while more people continue to meet surprises at tax time, the resulting uncertainty leaves many feeling anxious about something that seems to require more specialization and expertise every year.
How do you know if you have the right amount of withholdings on your paycheck?
How do you know if you’ll owe taxes from this year, or any year?
Do you know the changes in tax code from one year to the next?
Many of us carry these unanswered questions with us throughout the year, but may only access an expert once at tax time (if we do at all).
Now there is a different way to manage your taxes.
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