Reliance on Tax Software Does Not Let Taxpayer Off the Hook
A taxpayer cannot blame tax preparation software for inaccuracies that lead to penalties. A recent Tax Court case provides a cautionary tale for taxpayers who rely on do-it-yourself tax preparation software to prepare their tax returns. Craig Smalley provides some insight into this.
To read the full article in The Tax Adviser, click: Reliance on Tax Software Does Not Let Taxpayer Off the Hook.