Total Tax Insights (TM) Helps People Decode Their Tax Bills
Published November 09, 2012
According to Marketwatch, Americans can now get an idea of how much they are actually paying in taxes by using a new tool for the American Institute of CPAs called Total Tax Insights. The calculator enables people to estimate their total tax obligations for any U.S. location and ties in other items, such as marital status, income or charitable contributions. The article notes that the tool also enables you to compare tax burdens in different parts of the country – which could be particularly useful for people thinking about relocating after they retire.