TaxScout.ai Inc., an innovator in tax practice automation, today announced its official acceptance as an Authorized IRS e-file Provider. This milestone advances the company’s plans to integrate its AI ...
The Internal Revenue Service Office of Professional Responsibility has issued new guidance on the use of artificial intelligence in federal tax practice. The guidance, OPR Alert 2026-19, is directed ...
The IRS in June released its first AI-related guidance for tax professionals, but it did not directly address whether clients should be notified if AI is preparing their tax returns. Section 7216 of ...
Whenever CPA tax practitioners gather, their shop talk usually at some point turns to the relative merits and faults of their tax return preparation software. Those loyal to the same product year ...
New guidance from the Office of Professional Responsibility warns that AI may make tax work faster, but Circular 230 still requires competence, due diligence, and human review. ByKelly Phillips Erb, ...
In this episode, Erik Asgeirsson of CPA.com looks back and looks ahead — to the next weeks and months and also to the future of AI in the accounting profession. Asgeirsson explains how AI’s ...
The IRS Office of Professional Responsibility released an alert on Wednesday containing guidelines tax professionals should follow when using generative artificial intelligence in practice. The IRS ...
It is reasonable to wonder why firms do not simply hire more accountants. At a time when anxiety about AI-driven job displacement is widespread, an industry with persistent open positions might seem ...