Tax firms urged to update security plans for AI threats before season
Verito warns tax professionals to review WISPs (Written Information Security Plans) for AI risks post-Oct. 15 deadline, noting many firms lack AI-specific security measures.
CPAs find R&D tax credit angles in custom AI projects for clients
Most client AI adoption won't qualify for R&D tax credits, but custom AI implementations can unlock credits if documented properly during the year—not after.
Continue reading
Get daily agentic AI accounting news in your inbox
Read original article →Related Articles
General AI Models Fall Short on Sales Tax Compliance Tasks
Opinion piece argues that generic LLMs lack the domain expertise and precision required for accurate sales tax compliance, highlighting a gap between general AI capabilities and specialized account...
Policy Now Embedded in Finance Systems, Not External Rules
Tax, trade, and sanctions policy are increasingly executed within finance systems themselves rather than as external compliance deadlines, reshaping how accountants and CFOs manage regulatory requi...
Sales tax automation faces reality check in private equity deals
CBIZ examines why sales tax automation often underdelivers in PE environments, exposing gaps between vendor promises and real-world compliance complexity.
Accountants grapple with AI-prepared MTD files from clients
Accounting practices face new challenges when clients submit month-to-date filings prepared by AI tools, raising questions about verification, liability, and workflow integration.