Deductsy provides educational tax-planning tools. It is not a substitute for advice from a qualified tax professional.
Nothing on this site constitutes legal, tax, accounting, financial, or investment advice. Always consult a qualified professional before making any decisions related to your taxes or finances.
We are not your CPA, EA, attorney, or financial advisor
Deductsy is operated as an educational website. The people who run Deductsy are not Certified Public Accountants (CPAs), Enrolled Agents (EAs), tax attorneys, registered tax preparers, or licensed financial advisors. We do not have a fiduciary, professional, or advisory relationship with you. Using the Service does not establish any such relationship.
Calculator results are estimates
Our calculators use simplified models of U.S. federal and state tax law. They rely on rates and thresholds published by the IRS and state revenue departments. We make a reasonable effort to keep these current, but:
- Tax law changes frequently — sometimes mid-year — and our calculators may not reflect the most recent changes immediately.
- The calculations use simplifying assumptions (e.g., standard SE tax rates, top marginal state rates, generic phaseout schedules) that may not match your specific situation.
- Many tax outcomes depend on facts we do not capture (alternative minimum tax interactions, multi-state apportionment, K-1 elections, basis tracking, retirement-plan rules, etc.).
- Deduction guidance summarized on the site is general — IRS rules contain nuances, recordkeeping requirements, and phaseouts that may apply to you.
Calculator output is a planning estimate, not a tax return. Confirm any number with a qualified professional before relying on it for a tax filing or major financial decision.
No reliance
You agree that you will not rely on any calculator result, recommendation, or piece of content on Deductsy as the sole basis for any tax-related decision. Decisions about whether to elect S-Corp tax status, claim the QBI deduction, take the home office deduction, harvest investment losses, convert IRAs to Roth, contribute to a 529, or any other tax move should be made in consultation with a qualified professional who has reviewed your full financial picture.
No guarantee of outcomes
We make no guarantee that following any guidance on the Service will reduce your tax bill, generate any specific savings, or avoid any IRS penalty. Past results discussed in articles or examples are illustrative and not predictive of your outcome.
Information may be wrong
Despite our best efforts, the Service may contain errors, omissions, or out-of-date information. If you spot one, please email support@deductsy.com — we'll review and correct it. Until corrected, do not rely on disputed information.
Use at your own risk
The Service is provided for educational use at your own risk. To the maximum extent permitted by law, we disclaim all liability for outcomes arising from your use of the Service or reliance on its content. See our Terms of Service for the full liability limitation.
Find a tax professional
If you don't have one, the IRS maintains a free directory of credentialed preparers at irs.treasury.gov/rpo/rpo.jsf. The American Institute of CPAs maintains aicpa-cima.com. For complex situations (real estate professional status, multi-state, large equity comp, business sale), look for a CPA or EA with explicit experience in your specific situation.