Message Font: Serif | Sans-Serif
No. of Recommendations: 3
dj111 writes (in part):

I'd like to piggy-back on the previous poster's comments. The U.S. tax code is complicated and dynamic. As a taxpayer, you should develop a grasp of tax fundamentals, you should be able to complete a simple tax return and follow a complex tax return, and you should be able to participate meaningfully in political debates on tax policy.

I reply:

I think we're reading slaramee's post two different ways. I think he wants to "master this tax thing" sufficiently to prepare his own return with some degree of confidence. I, for one, find that to be a very Foolish goal, and one to which I aspire myself (I was self-employed for the first time during part of 2001, so I'll find out how much I understand about depreciation). After all, if he doesn't understand the Code well enough to prepare his own return, tax planning will be a great deal harder. --Bob
Print the post  


In accordance with IRS Circular 230, you cannot use the contents of any post on The Motley Fool's message boards to avoid tax-related penalties under the Internal Revenue Code or applicable state or local tax law provisions.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.