Disclaimer

1. Educational and Informational Use Only

TaxSaveIQ is provided solely for educational and informational purposes.

The content, calculators, estimates, examples, optimization prompts, contribution opportunity indicators, tax-saving ideas, explanations, charts, saved scenarios, and reports on this website are designed to help users better understand general tax concepts and planning scenarios.

TaxSaveIQ does not provide tax, legal, accounting, investment, financial, retirement, insurance, payroll, benefits, business-formation, or compliance advice.

Nothing on TaxSaveIQ should be interpreted as professional advice or as a recommendation to take or avoid any specific action.

2. No CPA, Attorney, Enrolled Agent, Advisor, or Client Relationship

Use of TaxSaveIQ does not create a CPA-client, attorney-client, enrolled-agent-client, fiduciary, financial-advisor-client, tax-preparer-client, consultant-client, or any other professional relationship between you and Wealth Building Academy LLC, TaxSaveIQ, its owners, employees, contractors, affiliates, or representatives.

Submitting information into a calculator, saving a scenario, downloading a report, viewing an explanation, or using any feature of the website does not create a professional engagement.

If you need professional advice, you should consult a qualified CPA, enrolled agent, tax attorney, financial advisor, benefits professional, payroll provider, or other licensed professional familiar with your full situation.

3. No Tax Return Preparation or Filing Service

TaxSaveIQ is not a tax return preparation service.

We do not prepare, review, file, amend, sign, transmit, or submit tax returns, tax forms, elections, filings, statements, reports, or other documents to the IRS, any state tax agency, local tax agency, court, or government authority.

TaxSaveIQ does not represent users before the IRS or any tax authority.

TaxSaveIQ does not guarantee that any number generated by a calculator will match a tax return, payroll report, tax transcript, IRS notice, state tax notice, tax software output, or professional tax preparer’s calculation.

4. No IRS, State, or Government Affiliation

TaxSaveIQ and Wealth Building Academy LLC are not affiliated with, endorsed by, approved by, sponsored by, or connected to the Internal Revenue Service, U.S. Department of the Treasury, any state department of revenue, any local tax authority, or any government agency.

Any references to IRS rules, tax years, brackets, deductions, credits, limits, forms, or tax concepts are for educational purposes only.

5. Estimates May Be Incomplete or Inaccurate

TaxSaveIQ calculators provide simplified estimates based on user-entered information and assumptions built into the tool.

Actual tax outcomes may differ significantly due to factors including, but not limited to:

• filing status;
• dependents;
• credits;
• deductions;
• income phaseouts;
• itemized deductions;
• standard deductions;
• alternative minimum tax;
• net investment income tax;
• self-employment tax;
• payroll taxes;
• additional Medicare tax;
• state tax;
• local tax;
• city tax;
• tax treaty rules;
• residency rules;
• retirement plan coverage;
• employer plan rules;
• health plan eligibility;
• HSA eligibility;
• FSA rules;
• IRA deductibility phaseouts;
• Roth contribution limits;
• capital gains rules;
• qualified dividend rules;
• passive activity rules;
• rental real estate rules;
• business deductions;
• depreciation;
• Section 179;
• bonus depreciation;
• QBI deduction;
• S-Corp reasonable compensation;
• estimated tax penalties;
• withholding;
• prior-year tax;
• carryovers;
• tax law changes;
• user input errors;
• rounding differences;
• software limitations;

You are responsible for verifying all calculations with a qualified professional before making tax, legal, financial, investment, retirement, business, payroll, or benefit decisions.

6. User Input Responsibility

TaxSaveIQ relies on information entered by users.

We do not independently verify the accuracy, completeness, legality, or appropriateness of user-entered information.

Incorrect, incomplete, outdated, or misunderstood inputs may produce incorrect or misleading estimates.

You are solely responsible for the accuracy of the information you enter and for how you use any output generated by TaxSaveIQ.

7. Tax Optimizer Disclaimer

TaxSaveIQ may identify possible contribution opportunities or planning areas, including but not limited to:

• 401(k);
• IRA;
• HSA;
• FSA;
• dependent care FSA;
• retirement contributions;
• business deductions;
• S-Corp planning;
• home office deductions;
• vehicle or mileage deductions;
• capital gains planning;
• state tax planning;

These are educational opportunity indicators only.

A displayed “opportunity,” “potential savings,” “unused contribution room,” or “tax optimizer” result does not mean that you qualify for the deduction, contribution, election, exclusion, credit, or tax benefit.

Eligibility may depend on many facts not captured by the calculator, including income limits, employer plan participation, employer plan rules, filing status, age, health coverage, disqualifying coverage, earned income, spouse coverage, business structure, payroll requirements, state law, and other rules.

Before making any contribution, election, deduction claim, entity change, or planning decision, consult a qualified tax professional.

8. IRA, 401(k), HSA, and FSA Disclaimer

Any information related to IRA, 401(k), HSA, FSA, dependent care FSA, retirement contributions, or employee benefit accounts is for general educational purposes only.

TaxSaveIQ does not determine:

• whether you are eligible to contribute;
• whether a contribution is deductible;
• whether your employer plan permits the contribution;
• whether your health plan qualifies for HSA purposes;
• whether you have disqualifying coverage;
• whether you are subject to income phaseouts;
• whether you have excess contributions;
• whether penalties or excise taxes apply;
• whether contribution limits differ due to age, employer plan design, family status, or other rules;

You should confirm all contribution decisions with your employer, plan administrator, benefits provider, tax professional, or financial advisor.

9. Business, S-Corp, and Self-Employment Disclaimer

Any business-related planning, S-Corp analysis, self-employment tax estimate, QBI estimate, entity comparison, payroll discussion, reasonable compensation estimate, or business deduction estimate is for educational purposes only.

TaxSaveIQ does not determine whether:

• you should form an LLC, corporation, S-Corp, partnership, or other entity;
• you should make an S-Corp election;
• your compensation is reasonable;
• your business deductions are ordinary, necessary, properly documented, or allowable;
• your business has nexus, state filing obligations, payroll obligations, sales tax obligations, or local compliance obligations;
• any election, form, filing, or tax position is suitable for you;

Business tax planning can involve federal, state, local, payroll, legal, accounting, and operational consequences. Consult qualified professionals before acting.

10. State and Local Tax Disclaimer

State and local tax calculations, if provided, are simplified estimates.

TaxSaveIQ may not account for all state or local rules, including:

• residency;
• part-year residency;
• nonresident income sourcing;
• reciprocity agreements;
• local income taxes;
• city taxes;
• county taxes;
• credits for taxes paid to other states;
• state-specific deductions;
• state-specific exemptions;
• state-specific retirement treatment;
• state-specific capital gains rules;
• state-specific business taxes;
• state-specific phaseouts or credits;

State and local tax rules vary significantly and may change. Verify all state and local tax matters with a qualified professional.

11. No Guarantee of Tax Savings

TaxSaveIQ does not guarantee:

• tax savings;
• refund amounts;
• lower tax liability;
• audit protection;
• penalty avoidance;
• IRS acceptance;
• state acceptance;
• legal compliance;
• financial outcome;
• investment outcome;
• retirement outcome;
• business outcome;
• accuracy of calculations;
• suitability of any strategy;

Any displayed potential savings are estimates only and may not be available to you.

12. No Audit Protection or Representation

TaxSaveIQ does not provide audit defense, audit protection, IRS representation, state tax representation, notice response, penalty abatement, appeals representation, collection representation, or legal defense.

If you receive an IRS notice, state notice, audit letter, collection notice, penalty notice, or other government communication, consult a qualified tax professional or attorney promptly.

13. No Investment, Financial, or Retirement Advice

TaxSaveIQ may reference retirement accounts, investment income, capital gains, dividends, savings, or tax-efficient planning concepts.

Such references are for educational tax-estimation purposes only and are not investment, financial, retirement, wealth management, securities, insurance, or fiduciary advice.

We do not recommend buying, selling, holding, or avoiding any investment, security, insurance product, retirement product, or financial strategy.

14. AI-Assisted Features Disclaimer

TaxSaveIQ may include or later add AI-assisted explanations, summaries, educational prompts, or planning insights.

AI-assisted content may be incomplete, inaccurate, outdated, or misleading. It may misunderstand your inputs or omit relevant facts.

AI-assisted content should not be treated as professional advice, tax advice, legal advice, accounting advice, financial advice, or investment advice.

Always verify AI-assisted outputs with a qualified professional before relying on them.

15. Reports, Downloads, and CPA Summaries

Any report, downloadable summary, CPA export, tax planning summary, scenario comparison, or saved dashboard output is for educational review only.

Such materials are not tax returns, tax workpapers, formal tax opinions, legal memoranda, financial plans, accounting records, or professional advice.

A CPA export or professional summary is intended only to help organize information for discussion with your own professional advisor.

16. Saved Scenarios and Account Data

If you create an account and save scenarios, TaxSaveIQ may store the information you choose to enter, including calculator inputs, estimated results, scenario names, tax years, filing status, state selections, and related planning data.

You should not enter sensitive personal information unless necessary for your own use of the calculator.

TaxSaveIQ is not intended to store complete tax returns, Social Security numbers, bank account numbers, driver’s license numbers, government identification numbers, or other highly sensitive personal information.

Saved scenarios are for convenience and educational tracking only.

17. Data Security Limitation

We use reasonable technical and organizational measures for the website and database services we use. However, no website, database, transmission, hosting provider, authentication system, or internet-based service can be guaranteed to be completely secure.

You use TaxSaveIQ at your own risk.

18. Third-Party Services

TaxSaveIQ may use third-party services for hosting, authentication, database storage, analytics, payments, email, AI tools, or other functionality.

These third-party services may have their own terms, policies, data practices, security practices, and limitations.

We are not responsible for third-party service outages, errors, data practices, pricing, changes, or failures.

19. External Links

TaxSaveIQ may include links to third-party websites, government websites, articles, tools, services, or resources.

External links are provided for convenience only.

We do not control and are not responsible for the accuracy, legality, security, availability, or content of third-party websites.

20. Tax Law Changes

Tax laws, IRS guidance, state laws, contribution limits, tax brackets, deductions, credits, regulations, forms, and interpretations may change.

TaxSaveIQ may not update immediately when laws or guidance change.

You should verify current law and applicable rules before relying on any estimate or planning concept.

21. No Professional Reliance

You agree not to rely solely on TaxSaveIQ or any output from TaxSaveIQ when making decisions involving taxes, law, accounting, investing, business formation, retirement contributions, payroll, employee benefits, or financial planning.

You should obtain advice from qualified professionals who can evaluate your complete facts and circumstances.

22. Limitation of Liability

To the maximum extent permitted by law, Wealth Building Academy LLC, TaxSaveIQ, its owners, members, managers, employees, contractors, affiliates, agents, service providers, successors, and assigns shall not be liable for any direct, indirect, incidental, consequential, special, exemplary, punitive, or other damages arising out of or related to:

• use of the website;
• inability to use the website;
• calculator errors;
• inaccurate estimates;
• missing information;
• tax law changes;
• user input errors;
• reliance on website content;
• saved scenario errors;
• data loss;
• security incidents;
• third-party service failures;
• AI-assisted content;
• reports or downloads;
• tax, legal, financial, investment, business, payroll, or retirement decisions made by users;

This limitation applies even if we have been advised of the possibility of such damages.

23. No Warranty

TaxSaveIQ is provided on an “as is” and “as available” basis.

We make no warranties or representations of any kind, express or implied, including but not limited to warranties of accuracy, completeness, reliability, availability, merchantability, fitness for a particular purpose, non-infringement, or suitability for any tax, legal, financial, accounting, investment, business, payroll, retirement, or compliance purpose.

24. User Responsibility and Indemnification

You are responsible for your use of TaxSaveIQ and for any decisions made based on information obtained from the website.

You agree to indemnify and hold harmless Wealth Building Academy LLC, TaxSaveIQ, its owners, members, managers, employees, contractors, affiliates, agents, service providers, successors, and assigns from any claims, liabilities, damages, losses, costs, or expenses arising from your use of the website, your violation of these terms or disclaimers, your reliance on calculator outputs, or your decisions based on the website.

25. Illinois Company Notice

TaxSaveIQ is operated by Wealth Building Academy LLC, an Illinois limited liability company.

Nothing on this website should be interpreted as waiving any legal rights, protections, defenses, or limitations available to Wealth Building Academy LLC or its members, managers, owners, employees, contractors, affiliates, or agents under applicable law.

26. Forward-Looking Features

Some features displayed, described, or referenced on TaxSaveIQ may be planned, experimental, beta, or under development.

Features such as AI explanations, downloadable reports, advanced tax optimization, saved dashboards, subscription plans, payment processing, additional calculators, and professional exports may change, be delayed, be limited, or never be released.

We reserve the right to modify, suspend, remove, or discontinue any feature at any time.

27. Contact

For questions about this disclaimer, contact:

28. Acceptance of Disclaimer

By using TaxSaveIQ, you acknowledge that you have read, understood, and agreed to this disclaimer.

If you do not agree, do not use the website.