In this video, Ralph addresses a common question about whether it's better to use tax software to save money. He shares a story of a client who missed out on over $3400 in refunds by using tax software, highlighting the limitations of software in identifying potential deductions. Ralph emphasizes the benefits of consulting a tax professional, such as personalized advice on deductions for side businesses, home offices, and more. He also assures viewers of support during IRS audits. For more tax tips, visit ASKRALPH.COM and don't forget to like and share for daily updates.
00:00 Introduction: Common Tax Question
00:06 A Client's Tax Software Story
00:19 The Limitations of Tax Software
00:35 The Value of Professional Tax Advice
00:45 Conclusion and Call to Action
