Tax Preparation: The Computer does all the work
This is one of the most dangerous misconceptions relating to Tax Preparation, Individual and Business alike. We’ve come a long way in terms of software and artificial intelligence, but the very best Tax Preparation Software demands a knowledgeable user to meet its performance expectations.
Computers and Software are indispensable tools in the Tax Preparation Arena which compliment, assist, and guide all Tax Preparers, but this technology still falls short of most people’s expectations.
DO NOT ALLOW YOURSELF TO GET COCKY
Mistakes are made every moment of every day because people assume that their Tax Preparation, Payroll, and/or Bookkeeping Software is doing all the work. Worst yet, so many people are currently preparing Tax Forms and Documents with absolutely NO idea (not even a clue) that they are doing something wrong.
BEING KNOWLEDGE IS TWO-FOLD
Also remember when defining a Knowledgeable User for any Software associated with Tax Preparation, there are two areas of expertise for which this User needs to be knowledgeable:
FIRST: They MUST comprehend the Rules and Regulations associated to Tax Preparation.
SECOND: They MUST comprehend HOW to use their Tax Preparation Software.
FAILURE IN EITHER CAN CAUSE COSTLY MISTAKES