Why become a tax professional benefits everyone!
Did you know that the wealthy actually pay less tax rates than those in the lower to middle income class. The tax code was made to benefit those that are wealthy!
Did you also know that trumps 2018 tax cut was basically a gift for those that are wealthy it included major benefits for those generating larger income like the 20% new business deduction for example. It basically helped him push the tax rates for the wealthiest below tax rates for everyone else including the middle and lower class.
This left the lower and middle class not benefiting from any of the new tax law changes, as well as taking away a lot of common deductions they would normally apply to lower their tax rate such as unreimbursed job expenses, mileage, cap on real estate and/or state taxes paid.
This means it’s more important now than ever to learn the tax code. If you know that your entire family is probably paying more in taxes than the wealthy then now is the time to fix that!
Here at Straight Tax we have tax preparation courses that help teach you the tax law and tax code you can download our mobile app for more information!
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