Just finished my taxes with the CPA and got the shock of my life. I could not believe how much I still owed in Federal taxes; there just had to be some mistake. I even took my W2 back to the school business office and asked the lady if some mistake had been made.
She was nice and said that a whole lot of teachers got the same shock. Then she said, “Do you remember Obama’s tax relief plan where the tables were lowered in order to stimulate the economy?” [i]