Dispelling the Tax Bracket Misconception
It's April 21st, 2014, and tax preparation professionals everywhere are breathing a sigh of relief as the data-intensive, document-laden official tax filing season has come and gone. Whew! We've crunched the numbers, sifted through countless W-2's, 1099's, P&L's, receipts, and have once again been reminded of our appreciation for organization and great software.
It's been a fresh year for tax law, with a few of the American Taxpayer Relief Act of 2012 tax breaks expiring (e