![]() ![]() While preparing your tax return using Turbo Tax software, you don’t require having in-depth knowledge about tax preparation. ![]() The various pros and cons of using TurboTax tax preparation software rather than hiring a CPA are listed below: Pros This software is used for filing both federal and state income tax returns. It has various versions like TurboTax Deluxe and TurboTax Premier. Since its inception, this software has become extremely popular. ![]() ![]() TurboTax is tax preparation software created by Chipsoft in the 1980s in San Diego, USA. In the US, CPAs licensed in one state cannot practice in another state. In some of the nations like the US, you have to pass certain examinations and attain a license from the government to work as a CPA. In the English-speaking nations, certified public accountant is the title given to qualified accountants. Generally, people use the services of CPA’s for preparing their tax returns. ![]()
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