Our financial lives are far more complicated now

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Janet Killingsworth here. Not too long ago, members of Congress were saying the the NEW tax reform package would enable most American taxpayers to do their own taxes on a large postcard.

 

As we all know, this was not the case, even though more than 80% of Americans will see a reduction in what we pay in our own taxes beginning with 2018. And yes, the state of Georgia has also passed a reduction in income taxes. Yes, there was a time when most Americans could prepare their own taxes; however, each year the tax code becomes increasingly complex. It is imperative for tax professionals to stay current with the new and ever-expanding regulations.
CPAs and Enrolled Agents must have 40 hours of continuing professional education each year to respective titles. Killingsworth Spencer takes great pride in helping our clients understand the numbers behind what is put on their return. If you would like to experience a different kind of CPA firm, give us a call. Remember, this years filing deadline is Tuesday April 17th.
Have a safe week
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2020-01-03T06:29:36+00:00