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Ethical Concerns in Using Tax Planning Software

CTP

And according to the same research firm, the use of AI in the accounting and tax industry will likely grow more than 50 percent by the year 2030. While it is possible to follow a “boilerplate” tax plan, it would be difficult at best to defend your tax positions if and when the IRS audits. 5] Welch v.

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Debt Limit Deal Includes Cut in IRS Funding, Other Measures

CPA Practice

Republicans had balked at a funding boost for the service, claiming, without proof, that middle income Americans could see an uptick in auditing. This executive order quickly faced legal challenges, notably from the right. Supreme Court and conservative justices during oral arguments cast doubt on the legality of Biden’s plan.

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