The Journal of Accountancy reports on professional issues connected with using tax software by CPAs.  The summary is as follows:

Software is an essential tool for driving efficiencies and profitability in a CPA firm tax practice. Practitioners select software based on various factors, including price, ease of use, scalability to practice size, technology features, and technical support (see “2014 Tax Software Survey,” page 26). Software users also should be aware of maintenance requirements and risks of use. This column addresses a CPA’s professional liability exposures as well as ethical and legal obligations related to the use of tax software.

Read the article at Tax software: Ethical, legal, and professional liability risks.

Posted by Lewis J. Saret, Co-General Editor, Wealth Strategies Journal.