The pros and cons of using artificial intelligence for your taxes

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The Street

By TheStreet Guest Contributor By Ted Sarenski, CPA/PFS, AEP Is artificial intelligence ready to take over most of our daily lives because it will be able to think? Maybe in the future, but currently it is only as good as the information it has been fed from history. I started my questioning by asking simply, “Can I file my tax return using ChatGPT?” The reply was, “No, you cannot file your tax return using ChatGPT or any similar AI-based text-based platforms.” It went on to say taxes involve specific legal and financial requirements and must be submitted to the appropriate government authorit…

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