AI agents handle MTD compliance for inaugural filing deadline
Accounting firms deploy AI agents to automate Making Tax Digital filing tasks ahead of first regulatory deadline, reducing manual workload.
HMRC bans agents from submitting MTD quarterly updates
UK tax authority HMRC prohibits tax agents from submitting Making Tax Digital quarterly filings on behalf of clients, affecting accounting firms' MTD workflows.
Continue reading
Get daily agentic AI accounting news in your inbox
Read original article →Related Articles
IRS Circular 230 AI Guidance: Due Diligence and Competence Rules Unchanged
IRS Office of Professional Responsibility issues June 2026 guidance clarifying that Circular 230 duties (due diligence, competence, confidentiality) apply identically to AI-assisted tax work, requi...
IRS guidance clarifies AI use in tax prep but stops short of disclosure mandate
IRS's first formal AI guidance (June 2026) doesn't require tax preparers to disclose AI use to clients, but AICPA recommends signed disclosures citing IRC Section 7216 consent rules.
Federal Rulings Define AI Use Limits for Tax Professionals
Two new federal court decisions clarify attorney-client privilege and work product protections when tax professionals and CPAs use AI tools in client work.
AI and real-time tax networks reshape finance compliance from periodic to con...
Sovos examines how regulated real-time tax networks and governed AI are transforming compliance from after-the-fact obligations into continuous, built-in processes for CFOs.