In this episode of the Know Your Numbers REI podcast, host Chris McCormack delves into the controversial marketing techniques used by TurboTax. He shares insights on how these strategies impact customers and the financial world. Chris highlights the limitations of relying solely on tax software, such as TurboTax, which may guarantee an accurate tax return but overlooks proactive tax planning.
He emphasizes that TurboTax's guarantee of accuracy does not necessarily ensure that all deductions, credits, and tax-saving opportunities are maximized. Taxpayers using TurboTax may unknowingly miss out on potential savings due to errors or oversights in their tax returns.
Tune in to learn more about this topic and gain confidence in your financial decisions as a real estate investor. If you enjoy the episode, don't forget to leave a five-star rating and review. Visit betterbooksaccounting.co for more information or join our Facebook page for free guidance and interaction.
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The Know Your Numbers REI podcast is for general information purposes only and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. Information on the podcast may not constitute the most up-to-date legal or other information. No reader, user, or listener of this podcast should act or refrain from acting on the basis of information on this podcast without first seeking legal and tax advice from counsel in the relevant jurisdiction. Only your individual attorney and tax advisor can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this podcast or any of the links or resources contained or mentioned within the podcast show and show notes do not create a relationship between the reader, user, or listener and podcast hosts, contributors, or guests.
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