Scenario Tax Returns
Creating a scenario-based tax return is a useful tool in understanding the tax implications of one or more events. The complexity of an income tax return, with all its moving parts, can result in some areas being considered while other areas neglected. This process avoids those errors by taking all those moving parts into consideration and providing the results of that scenario on actual tax forms.
This tool is useful when considering to amend a past year return, estimating taxes for the current year, or for decision-making in future tax years.