While the issue of simplifying the tax system is often brought up in political
campaigns, US tax code remains a vast and complicated entity. As a result,
many people pay more taxes and invest less efficiently than they have to.
Insufficient understanding of the tax code can create problems not only when individuals prepare
their own tax returns or decide on an investment strategy, but also when they fail to communicate
relevant information about their tax situation to the tax and/or investment professionals.
Even worse, lack of tax knowledge may lead to seriously incorrect tax returns resulting in IRS audits, investigations and penalties.
SmartTaxInfo.com has been created by professional accountants (CPAs) who specialize in individual and business taxation.
Our goal is to provide comprehensive tax information in an accessible and user-friendly format.
While this site cannot encompass the entire US tax code, we try to focus on the
information most relevant to the majority of individuals and small businesses.
However, keep in mind that the information on this site is general in nature and should not be
acted upon in your particular situation without further details and/or professional advice.
