> Financial advisors and tax accountants

Financial advisors giving generic advice, sure. Tax accountants though? I'd be careful. I know the mistakes that llms make when complexity gets involved (especially tax codes and laws) and frankly I don't know enough about them to be able to verify whether what I'm getting out of it makes sense. I could probably verify it with enough research but then I just could so it myself anyway. Or I just pay an accountant a smallish fee and let them handle it.

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mikeocool 3 hours ago | parent [-]

Yeah, Claude told me what a great idea converting my LLC to an S Corp would be and how much I would save in taxes. When I asked my accountant about he told me it would actually cost me more, because of NYC taxes S Corps.

I didn’t tell Claude I lived NYC, because it didn’t occur to me that it was relevant. I find tax stuff is full stuff like this (often more subtle than where you live).

	▲	eks391 29 minutes ago \| parent \| next [-]
		This is exactly what I found when I was trying to get advice for some business decisions. My friends with businesses all live in different states/jurisdictions, and the biggest takeaway has been that any tax-affecting advice is useless unless it is tailored all the way down to your city.
	▲	foxtrot8672 2 hours ago \| parent \| prev [-]
		[flagged]