Drake Software launches AI document extraction tool for tax prep
Drake SmartExtract automates data extraction from tax documents in Drake Tax Online, reducing manual entry for tax professionals via AI.
Drake SmartExtract automates data extraction from tax documents in Drake Tax Online, reducing manual entry for tax professionals via AI.
Practice management platform Firm360 unveiled AutoPrep, an AI-powered tax preparation automation tool built on Juno technology, targeting CPA firms seeking workflow efficiency.
Canopy releases comprehensive tax automation suite emphasizing firm control, with all AI outputs fully editable before client delivery.
Virginia Society of CPAs teams with Blue J to provide members access to AI tools for tax, compliance, advisory, and training workflows.
KNAV, a top 300 accounting firm, debuts KNAV Tara, an AI platform built for assurance, tax, and advisory work—signaling mid-market firms' push to develop proprietary AI tools.
Tax administrators at 2026 SEATA conference reveal AI and advanced analytics are reshaping state tax enforcement, enabling more sophisticated risk identification and audit targeting across the Sout...
Tax practitioners increasingly view AI as a workplace asset boosting efficiency rather than a threat to employment, with demand for accountants and auditors remaining strong.
Ernst & Young is scaling AI deployment across tax preparation to improve efficiency, but the firm is being transparent about where AI still falls short.
IRS modernization with AI automation is changing how tax returns are reviewed and compliance managed, prompting small accounting firms to adapt their practices and client service models.
TaxCalcBench, a new open-source evaluation framework, measures whether AI agents can accurately complete tax filing tasks—addressing a critical gap in benchmarking AI for accounting workflows.
Tax professionals' AI adoption for research jumped to 60% weekly use in 2026, but the trend has a dark side: employees are using AI to fabricate expense receipts, a phenomenon called 'revenge spend...
Roberto Dias Duarte demonstrates how AI agents can automate Brazilian accounting tasks (SPED, nota fiscal, livro caixa) while keeping humans in command—not the reverse—showing real examples of code...
Brazilian accounting firm leaders discuss how AI agents and LLMs can help tax professionals navigate the upcoming tax reform without getting overwhelmed, emphasizing the importance of agentic AI ov...
Live discussion on how Brazilian accounting firms can leverage AI agents to handle complexity from upcoming tax reform while maintaining ROI and avoiding common pitfalls of misapplied large languag...
Spanish-language webinar demonstrates creating Excel macros for simplified accounting ledgers (SUNAT format) using free versions of Claude and Gemini AI, comparing capabilities and practical implem...
Hash Basis accountant McKenzie Thod shares how AI tools automate blockchain data extraction for crypto tax and reconciliation, eliminating the manual Excel workflows that previously dominated the p...
TaxStatus's Planning Observations capability automatically identifies tax advisory opportunities and advice gaps from client records, helping CPAs spot planning recommendations faster.
Wolters Kluwer's CCH Axcess Expert AI adds automated document scanning and K-1 form processing, delivering 30–70% efficiency gains in tax workflows for CPA firms.
IRS guidance clarifies that AI-using tax practitioners must verify outputs and maintain Circular 230 standards on diligence, competence, and confidentiality amid hallucination and data privacy risks.
Byron, a San Francisco tax platform, publicly launched with AI agents automating business tax workflows for CPAs and raised $6.5M seed led by Square Peg to address accounting staffing shortages.