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.

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Firm360 launches AI-powered tax prep automation with Juno

Practice management platform Firm360 unveiled AutoPrep, an AI-powered tax preparation automation tool built on Juno technology, targeting CPA firms seeking workflow efficiency.

State tax agencies deploy AI to modernize audit selection and compliance

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 pros embrace AI as productivity tool, not job killer

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.

2 more from Accounting Today

Open-source benchmark tests AI's ability to file taxes

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.

AI-Generated Receipt Fraud Surges as Tax Pros Embrace AI Research Tools

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...

Brazilian accounting firm automates SPED, invoices, and cashbooks with AI agents

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...

4 more from YouTube: AI Accounting

TaxStatus launches auto-analysis tool to spot tax planning gaps

TaxStatus's Planning Observations capability automatically identifies tax advisory opportunities and advice gaps from client records, helping CPAs spot planning recommendations faster.

1 more from CPA Practice Advisor

IRS warns tax practitioners on AI risks, Circular 230 duties

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 launches AI agents to automate tax prep for CPA firms

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.

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