Cheap Tax Hotline (Magazine) Price

Related Products

Customer Reviews of Tax Hotline

Use Up-To-Date Tax Law Information To Your Benefit
This slim newsletter is like an anthill with usable tax information! It is written in lay language and written well. It spits out tidbits from the simplest matter to the more complex: things like the new IRS electronic filer toll-free help line; paying for over-the-counter drugs through flexible spending accounts; information on mutual fund dividends qualifying for the new 15% top tax rate; innovative charitable giving; the alternative minimum tax danger; tax-free exchanges; how to slash life insurance costs; why capital gains are more attracitve than dividends; how S-Corporations should treat shareholders; tax-saving moves for the last few months of the year; how to write off the cost of supporting an elderly relative; the new health insurance credit; and more complicated business, investment and realty matters. Neophytes and the more experienced can use this magazine, although it is not geared toward tax attorneys or CPAs.

For some odd reason, it is easier, in my opinion, to read than other financial magazines, such as Money, Smart Money, although those magazines certainly serve a purpose. It may be the format or that Tax Hotline is focused on one particular financial area that holds my particular interest. One department, Winners Hotline, showcases instances when "David" has won against "Goliath." There is Inside the IRS, which tells of goings-on inside the behemoth, such as when an H&R Block employee blew the whistle on one of its customers by informing the IRS of dubious activity and providing documents before the tax return was filed. An IRS audit and criminal investigation led to a civil settlement. However, a federal district court judge ruled that H&R Block's conduct was a breach of conduct, deceptive, and unfair. The judgement against Block was $630! (That'll teach them!) You get many humorous, but informative and varied, snippets such as this.

There are a multiplicity of Hotlines within these pages, each geared toward a specific tax facet, such as a Write-Off Hotline, a Tax Credit Hotline, a Giving Hotline, a Business Hotline, a Family Hotline, and a Silver Lining Hotline, etc.

This magazine actually makes you look forward to reading about taxes, while you get encyclopedically tax-educated.