Jump to content
ATX Community

Leaderboard

Popular Content

Showing content with the highest reputation on 05/09/2023 in all areas

  1. From an article: "Researchers say the artificial intelligence chatbot has trouble understanding math and makes up facts to cover up its mistakes." Hmmm......
    6 points
  2. Just using common sense, a term like "joint and several responsibility" comes to mind. Separate letters also make it easier for the collector to claim both parties knew (less chance of successfully claiming innocence). IOW, follow the money, the collector wants to preserve best chance of getting paid, and is not sure who has the deepest pockets.
    5 points
  3. Here is one theory that shows up in an online search: "The IRS sends letters to both to make sure both spouses know about the liability because, on a joint return, each of you is liable for the full amount. If they only send a letter to one spouse, it's possible that spouse would not pay the tax and would also not tell the other spouse about owing the money."
    5 points
  4. It would make a good politician.
    5 points
  5. Gives new meaning to the phrase 'new math' !!!
    5 points
  6. "ChatGPT, the AI chatbot that's taken the world by storm, has already conquered numerous tests–the Wharton MBA exam, the Bar exam, and several AP exams among others. But the talking bot met its match when Accounting Today ran it through the CPA exam as an experiment: ChatGPT failed utterly in all four sections. — The experiment took place at the Arizent office in New York City's financial district on April 13 in collaboration with Surgent CPA Review. We used two laptops, each running a separate ChatGPT 3.5 Pro account (metering on free accounts, or on GPT 4, would have made the experiment impractical). One laptop ran the BEC and FAR section. The other ran the REG and AUD section. When all test sections were completed, its scores were: REG: 39%; AUD: 46%; FAR: 35% BEC: 48% The results indicate ChatGPT did not pass any part of the CPA exam." I wonder how ChatGPT would do on the EA Exam?
    4 points
  7. There's a reason they call it "artificial" intelligence.
    3 points
  8. Hey, once you figure out how to fake "ethics" you've got it made! Which always makes me chuckle at the hours-of-ethics cpe requirements. Either you're (trying your best to be) honest and moral, or you're lying about being honest and moral.
    1 point
  9. I had a Pennsylvania MFJ couple receive letters separately, showing the amounts "each of them owed". Our letter to the IRS rectified the matter and there ultimately was no penalty but did find it strange they received two letters instead of one.
    1 point
  10. I bet you it will pass on the second try as many of you did.... maybe 3rd or 4th.
    1 point
  11. I worked for a regional firm as auditor for a couple of years after college. (After interviewing at Pricewaterhouse, where I felt completely overwhelmed with their better than you attitude.) We had a fairly large company that we audited. They had a parent company with 4 subsidiaries. I learned how money was laundered, how profit sharing was manipulated, and how this company's employees could steal money on the lo from the company and customers, as long as it was "immaterial." My job was just to produce paper with checkmarks that indicated everything was good - or any impairment was immaterial. Their fav word.
    1 point
  12. Thank You Catherine!
    1 point
  13. I need to get the band back together.
    1 point
  14. Thank you. I finally got to someone in ATX sales and they are supposedly giving me a proposal to take me to a higher platform just so I can get my 10-15 Virginia S-Corps and LLCs done. One of their highter platforms would have a license fee plus a pay per return. I'd keep ATX but use the higher platform just for the PTET returns. Seems horrible to shake loyal ATX customers down.
    0 points
×
×
  • Create New...