In another sign that your taxes are better left for CPAs than software, the United States Tax Court ruled that TurboTax is not liable for costly errors its program allowed on a California insurance consultant’s tax returns. The case is a reminder that tax software is far from perfect and only as good as the person putting the information into it. Although software errors fall on the taxpayer, accountants are trained to provide accountability and fight back when the IRS questions your return.
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