Why No One Should Ever File Income Taxes Again. It’s Easy For The Technology – Not So Much For The Tax Preparation Industry. - News Summed Up

Why No One Should Ever File Income Taxes Again. It’s Easy For The Technology – Not So Much For The Tax Preparation Industry.


Filling Up Tax Form and Using Calculator and Laptop gettyMachine learning makes tax filing obsolete. The tax preparation industry has convinced everyone that they better file their taxes perfectly or they will get audited or, worse, receive a smaller refund to which they’re entitled! So we know how to automate much, if not all, of the tax preparation and filing process. The outrage and objections seldom describe the technology that automates the tax preparation and filing processes. Machines Can Do This gettyLobbying is alive and well on behalf of the tax preparation business.


Source: Forbes May 03, 2021 14:03 UTC



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