We don't think so. Its intricacies are enough to keep a whole legion of accountants employed. So to save you the time of muddling through it, or spending hundreds of dollars having a discussion with your accountant, we are building the SMI Tax Guide a plain English primer on the many confusing parts of the tax code that are actually relevant to you. We are starting our coverage with subjects like capital gains our feature describes the new rates and helps you figure out which investments to sell first and the kiddie tax which should help you decide whether or not to set up that college account in your child's name.
Many more features are on their way.
You will find more tax advice in some of the other sections of our Answer Center. Hearst Communications Inc. MoneyMinded Limitation of Liability and Privacy Policy .