Per the IRS Education Provider Standards this course must be COMPLETED by 12/31/2026 to receive credits. NOTE: Go to My Professional Profile in your CCH CPELink account settings to ensure your name, and PTIN number; matches your PTIN card
ChatGPT has passed the Bar Exam and aced graduate-level tests at the best business school in the U.S. How can it help you? And what shortcomings do you need to know about.
Publication Date: June 2023
Topics Covered
- Using ChatGPT to enhance your tax practice.
- Client memos
- Planning ideas
- Platform hopping
- Add-on software
- Compensating for ChatGPT's shortcomings.
- Overconfidence
- Mistaken information and citations
Learning Objectives
- Recognize how to perform effective tax research in ChatGPT
- Recognize how to "platform hop" to increase research confidence
- Recognize how ChatGPT can take complicated documents and explain them in plain language
- Identify one tax research problem specific to tax treatises
- Identify roughly what percent of the time some experts estimate that ChatGPT makes stuff up
- Identify the method that can be used to overcome ChatGPT's data limitation
Level
Basic
Instructional Method
Self-Study
NASBA Field of Study
Taxes (1 hour)
Program Prerequisites
None
Advance Preparation
None
Instructor
Greg White
Greg White, CPA, taught for 14 years as an adjunct professor for Golden Gate University. He’s admitted to practice before the United States Tax Court. He is a founder and shareholder, in WGN PS in Seattle, WA. He has been named a Top 50 IRS Representation Practitioner in the U.S. by CPA Magazine and has taught for a number of professional organizations. Greg enjoys the technical side of tax, but also likes to have fun in class.