Featured In: Huffington Post
Here’s a confidence booster for all of you number-crunching antagonists: you don’t have to be a college educated tax expert in order to understand the line items on a tax return, nor do you need to wade through over 70,000 pages of tax law and code to calculate your tax benefits when you have sophisticated software like TurboTax at the tip of your fingers.
But you will need to be informed. After all, you’ll be paying taxes for the rest of your life if you’re a working professional. So, you want to make sure you have a basic understanding of terms that you’ll hear multiple times during tax season.
Get ready to impress (or bore) your friends and family at the dinner table when you share these three useful tax terms: