Just like AI will kill all the software developers...
Obviously AI will change the legal industry. But a lawyer will still have an advantage because they know what questions to ask and can provide the AI with the relevant context.
Recently I asked Claude if I should convert my LLC to an S Corp for tax savings, and it sang the praises of how much I’d save if I did this.
When asked my accoutant, he pointed out that since I live in NYC, the S corp would be taxed in such a way that would completely wipe out the tax advantage I’d get elsewhere, and I’d likely end up paying more if I did this.
mikeocool|2 months ago
Recently I asked Claude if I should convert my LLC to an S Corp for tax savings, and it sang the praises of how much I’d save if I did this.
When asked my accoutant, he pointed out that since I live in NYC, the S corp would be taxed in such a way that would completely wipe out the tax advantage I’d get elsewhere, and I’d likely end up paying more if I did this.
antinomicus|2 months ago