Dext AI Assist shows real-world automation gains for UK accounting firms
Dext AI Assist delivers practical use cases for UK accounting practices, automating routine tasks in tax and compliance workflows with real-world implementation examples.
Latest — Page 2
2 more from AccountingWeb
Using AI in R&D tax relief claims raises compliance questions
AccountingWeb explores best practices for incorporating AI tools into R&D tax relief claim preparation, balancing automation efficiency with regulatory accuracy requirements.
Why probabilistic AI fails for VAT compliance
Accounting software relying on probabilistic AI models risks VAT return errors; deterministic approaches needed for tax accuracy.
HMRC deploys AI copilot to 28,000 staff, reshaping UK tax compliance
UK's HMRC tax authority rolls out AI copilot to nearly 28,000 employees, signaling major automation shift in tax administration and potential implications for taxpayer interactions.
Perplexity launches AI agent to draft US tax returns, catches solicitor's error
Perplexity's new Computer for Taxes agent reviews financial documents and automatically fills out official IRS forms for US federal income tax returns, now live for Pro subscribers ($17/month).
Intuit's QuickBooks MCP Server Lets AI Access Accounting Data Directly
Intuit released a Model Context Protocol server for QuickBooks, enabling AI tools to connect directly to accounting data—a shift tax preparers and firms need to understand for compliance and security.
Intuit integrates TurboTax, QuickBooks into Claude AI
Intuit's tax, accounting, and finance tools (TurboTax, QuickBooks, Credit Karma) are now accessible via Claude, enabling users to leverage AI for accounting tasks directly within Anthropic's LLM in...
Stateless Memory Architecture Emerges as Key for Regulated Enterprise AI Agents
ArXiv paper argues enterprise AI agents in regulated domains (tax, underwriting, claims) require stateless design for auditability and compliance, challenging a decade of stateful memory research.
AI Impact in Tax and Audit Goes Beyond Adoption Metrics
CPA Practice Advisor argues the real story of AI in tax and audit isn't how widely it's adopted, but how it's fundamentally changing the work CPAs do and the profession's future.
4 more from CPA Practice Advisor
K1x Raises $175M for AI-Native Private Markets Tax Platform
K1x secures $175M growth funding led by Sumeru Equity to expand its AI-powered platform for private markets tax data, addressing a core accounting/tax workflow.
Juno raises $12M to automate 90% of tax prep busy work
Tax automation startup Juno lands $12M seed round with AI platform that handles repetitive data entry while preserving human review for liability-critical decisions.
Illinois CPA Society and Miles Masterclass Partner on AI Readiness
Illinois CPA Society teams with Miles Masterclass to launch applied AI curriculum covering audit, tax, advisory, and FP&A workflows for accounting professionals.
Vertex Adds AI-Powered Capabilities for Enterprise Compliance
Vertex integrates AI capabilities to help tax, finance, and IT teams accelerate compliance while maintaining accuracy and audit readiness.
AI helps startups navigate 5 sales tax compliance risks
Zeni blog post connects AI agents to sales tax risk mitigation for scaling startups, but lacks specifics on which risks or how AI actually prevents them.
1 more from Zeni Blog
AI agents help automated accounting detect hidden sales tax risks
Zeni explores how AI agents can identify and mitigate sales tax compliance gaps in automated accounting workflows that traditional software stacks miss.
FreeAgent rolls out MTD automation tools for UK tax practices
FreeAgent releases new features to automate quarterly Income Tax compliance under UK's Making Tax Digital mandate, targeting reduction of manual client-by-client processes.
1 more from FreeAgent Blog
FreeAgent rolls out MTD automation for UK tax practices
FreeAgent launches updates to automate Making Tax Digital (MTD) compliance for UK income tax, enabling practices to scale client management with reduced manual processing.
AI-powered tax fraud rings escalate beyond refund theft this season
IRS fraud rings are leveraging AI to supercharge tax scams beyond traditional refund theft, signaling a new threat level for tax professionals and compliance systems.
Perplexity Eyes Tax Prep While IRS Tests Palantir for Audit Selection
AI startup Perplexity moves into tax preparation and bookkeeping as IRS pilots Palantir to algorithmically select audit targets, raising questions about AI adoption ROI in accounting firms.
Open-source 1040 tax software built entirely by AI agents
Developer creates functional 1040 tax filing software using AI agents, demonstrating practical automation of complex tax logic and suggesting potential for open-source tooling in tax compliance.