A judge has ruled that Intuit Inc., the maker of the popular TurboTax tax filing software, “engaged in deceptive advertising in violation of Section 5 of the FTC Act” and deceived consumers when it ran ads for “free” tax products and services for which many consumers were ineligible.
SmartWiz has used artificial intelligence (AI) and modern integrations to create the first-ever all-in-one tax software for tax professionals serving underserved communities.
Technologists Randy Johnston and Brian Tankersley, CPA, discuss the pros and cons, as well as the technologies and liabilities, of outsourcing tax and accounting tasking.
The system uses thousands of machine learning models trained with millions of tax returns, AI algorithms, and generative AI technology.