Create unique tax with ChatGPT

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Create unique and engaging tax with ChatGPT, a pre-trained language model by OpenAI for generating high-quality and accurate content.

6 Advanced ChatGPT Prompts: Filing tax returns

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7 Strategic ChatGPT Prompts: Manage tax filings

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6 Advanced ChatGPT Prompts: Preparing tax documents

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6 Innovative ChatGPT Prompts: Develop shipping and tax rules

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7 Proven ChatGPT Prompts: Tax planning advice

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How Does Transfer Pricing Impact a Company's Financial Statements and Tax Liability?

How does transfer pricing impact a company's financial statements and tax liability?

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How to Manage Finances for a Small Business

Provide a guide on managing finances for a small business, including budgeting, cash flow management, and tax considerations.

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Create a List of Five Chat GPT Tax Preparation-Related Features

Create a list of five Chat GPT tax preparation-related features.

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Understanding the Purpose of a Tax Return and the Difference Between Tax Returns and Internal Financial Statements

What is the purpose of a tax return and how does it differ from financial statements prepared for internal use?

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Methods of Depreciation and Impact on Financial Statements

Can you describe the different methods of depreciation and their impact on financial statements?

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What is “prompt engineering”?

A “prompt” is the input that guides a generative AI model to generate useful outputs. Generative AI tools like ChatGPT, GPT, DALL·E 2, Stable Diffusion, Midjourney, etc. all require prompting as their input.

In a natural language processing (NLP) context, “prompt engineering” is the process of discovering inputs that yield desirable or useful results. As is the story with any processes, better inputs yield better outputs; or commonly said another way “garbage in, garbage out.”

![Source: https://www.youtube.com/watch?v=1NQWJjgi-_k

Designing effective and efficient prompts will increase the likelihood of receiving a response that is both favorable and contextual. With a good prompt, you can spend less time editing content and more time generating it.

Going from beginner → advanced prompt engineer

As companies like PromptBase arise around the idea that the prompt is the “secret sauce” to using generative AI, prompt engineering could easily become the “career of the future.” But, any generative AI user can become an “advanced” prompt engineer. Here’s how

Spend time with the tools

The more time you spend asking ChatGPT questions and receiving responses, the better your idea will be of various prompting approaches and their individual strengths and weaknesses
Use Open AI’s GPT playground to perform interactive trial and error with variations in your prompt, model, temperature and top_p values (uniqueness of answer, i.e. creativity), and more available within the UI itself.

Become a prompt researcher instead of engineer

If you’re already a subject matter expert in something, consider figuring out how to apply your personal skills to generating the best prompts in your field
For example, if you’re an expert in SEO, what questions do you ask yourself when creating SEO strategies? How can you translate this knowledge into better prompts to generate the same level of output with AI?

Become a prompt researcher instead of engineer

The term prompt engineer glosses over the idea that prompt formulation takes hypothesizing, research, result measurement, and repetition. Instead, approach prompting like a research project.
Try as many different variations and formulations of your prompt as possible. One problem can have hundreds of solutions and one solution can have hundreds of approaches. The same can be said of prompting.