Why is there such a huge discrepancy between Intuit Self Employed Quickbooks in terms of quarterly tax calculations and what actual 2023 Tax law is?
I use Intuit Self Employed Quickbooks, had a CPA review my books and there was a >$25,000 discrepancy in what I owed in federal quarterly taxes.
One issue is the software still uses the 2022 100% meal coverage law.
What will Intuit due to reconcile these discrepancies?
Had I not had a CPA review my books I would have had sticker shock in April 2024.
