AI Can Now Handle Your Taxes: Is It the Right Choice for You?

Key Takeaways AI tax preparation tends to work best if your return is low to moderate complexity and your records are clean. Today's AI tools still fall short when your taxes involve complex business ownership, multi-state filings, foreign income and other situations that may require judgement calls. There are also important privacy and data security issues to consider when using AI tools for tax filing preparation. Not long ago, doing your taxes with artificial intelligence meant chatting with a ...