Introducing TaxBrezzo: Revolutionizing Tax Modeling for Family Law Professionals
Minneapolis, MN — July 1, 2024 — Family law professionals now have a powerful new ally in navigating the complexities of tax calculations during divorce proceedings. TaxBrezzo, an all-encompassing Excel-based tax calculation tool, has been launched to provide an innovative, streamlined, and user-friendly experience tailored specifically for divorce scenarios.
Key Features of TaxBrezzo:
MN Guideline Calculation: Effortlessly calculate guidelines based on various income levels and parenting schedules, ensuring compliance and accuracy in every scenario.
Exemptions and Tax Credits: Analyze the impact of each parent taking exemptions and tax credits for their children, allowing for informed decision-making and optimized tax outcomes.
Net Income Calculation: Determine your client's net income by factoring in itemized mortgage interest and real estate taxes, providing a comprehensive financial overview.
Income Level Impact: Understand the change in net income based on various income levels, facilitating better financial planning and strategy.
Spousal Maintenance: Model spousal maintenance transfers to meet monthly expenses at different income levels, ensuring fair and equitable financial support.
Shortfall and Surplus Management: Calculate the spousal maintenance needed to share in a shortfall or budget surplus, promoting financial stability for both parties.
Customized Support Combinations: Explore various combinations of child support and spousal maintenance based on your desired inputs, offering flexibility and precision in support calculations.
TaxBrezzo is currently available exclusively in Minnesota, with plans to expand to more states soon. This initial release is compatible only with PCs, with future updates to include broader platform support.
TaxBrezzo is dedicated to providing family law professionals with cutting-edge tools that simplify and enhance the tax modeling process during divorce. By leveraging advanced Excel-based calculations, TaxBrezzo ensures accuracy, efficiency, and ease of use, empowering professionals to deliver the best possible outcomes for their clients.