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Why not use a tax preparation computer program instead of a tax professional?

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Why not use a tax preparation computer program instead of a tax professional?

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A tax preparation program will allow you to enter your data, carry your entries to the proper forms, correctly total your entries, and compute your tax liability based upon the information you’ve entered. The results are solely dependent upon the information entered. A tax preparation program does not determine what should be entered. A TAX PREPARATION PROGRAM WILL NOT ADVISE YOU: when to amend a prior year return to take advantage of a tax law change concerning the proper withholding and payment of estimated taxes to avoid penalties whether contributions to a 401k, 403b, Keogh, SEP, or IRA should be made whether a rollover to a Roth IRA should be made whether a business automobile should be purchased or leased whether the mileage allowance can or should be used how to properly determine the basis of your real estate how to deduct expenses of a beach property to maximize your deduction under the passive loss rules how to properly determine the basis of your mutual fund using the “avera

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