What is Moneys tax test?
A. Since 1987 Money (a national magazine) began a tax study that was conducted for 8 years. This study proved that a high percentage of individuals overpay their taxes. Taxes were given to 50 CPAs, every year they would get 50 different results of how much is owed in taxes. There are lots of reasons for the discrepancies, therefore a second opinion is simply prudent and a good business practice. Summary: In 4 out of 10 cases our results confirm that your tax professional is doing a good job. However 60% we review prove that Moneys research is correct and our clients receive a refund. If the IRS owed you a refund would you want it back? Reports and studies show that about 80% of taxpayers overpay their taxes and almost 50% of those people went to a tax preparer.
