Question: xplain how a computer can assist a tax practitioner in tax planning activities and making complex tax calculations. Question content area bottom Part 1 Performing
xplain how a computer can assist a tax practitioner in tax planning activities and making complex tax calculations.
Question content area bottom
Part
Performing tax planning for clients involves the evaluation of
alternative courses
one course
simple courses
of action. This evaluation process can be very
quick
simple
timeconsuming
because of the tax calculations necessary to arrive at an optimal solution. The computer has become an essential tool in this process because
it can eliminate errors in estimated values.
it has no upfront costs.
many clients prefer the computer due to its reliable calculations.
of the speed and accuracy in which the tax calculations can be made.
Tax planning and complex tax calculations, as well as research are
increasingly performed, or at least assisted
not likely to be performed
by artifical intelligenceAI
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