
Federal income tax was created in 1913 by use of the 16th Amendment It was very simple in nature and the highest tax bracket was merely 7 percent. Income taxes have grown more complex since 1913. The complexity and clear understanding of the tax code are left to a few companies. There will be companies available who will provide advice regarding a good tax strategy. There are more than 700,000 people who utilize tax identification numbers provide to individuals who prepare taxes. There are several options available for a person who requires a professional preparer. There will be many benefits gained by having tax preparer complete taxes. When finding a preparer, it is important to have a person that can be trusted. A person must feel comfortable providing sensitive information to the preparer. A tax preparer will prepare the tax form, but the person who hires the tax preparer has … Read more