EY expands AI for tax preparation while acknowledging limitations
Ernst & Young is scaling AI deployment across tax preparation to improve efficiency, but the firm is being transparent about where AI still falls short.
The Wire — Page 3
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AI-driven IRS reshapes tax compliance for small accounting firms
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.
IRS issues preliminary AI guidelines for tax professionals
IRS releases draft guidance requiring tax firms to verify AI outputs and share cost savings with clients, establishing first regulatory framework for AI use in tax practice.
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...
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Tax Reform, AI Agents, and Accounting ROI in Brazil's Evolving Landscape
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...
Brazilian tax reform, AI agents, and scaling accounting firms without overload
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...
Crypto Accounting Firm Uses AI to Extract Blockchain Data Into Workflows
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...
CPA Firms and CFOs Share AI Implementation Strategies in Finance Panel
Panel of accounting and finance leaders discusses practical AI adoption challenges, with a CPA firm leader and manufacturing CFO sharing real-world deployment experiences.
KNAV launches in-house AI platform for audit and tax teams
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.
4 more from CPA Practice Advisor
CCH Axcess Expert AI expands with automated scan and K-1 processing
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 Issues First Guidelines for Tax Pros Using Generative AI
IRS Office of Professional Responsibility released formal guidelines on Wednesday governing how tax professionals must use generative AI in practice, marking first regulatory framework for AI adopt...
Taxfyle launches AI-native tax planning platform for RIAs
Taxfyle debuts Plan, an AI-driven tax strategy platform designed to automate manual tax planning workflows for registered investment advisors, replacing time-intensive manual processes.
AI adoption among tax firms nearly doubles in one year, survey finds
Blue J and CPA.com survey shows tax firms have moved from experimenting with AI to embedding it as core workflow—adoption rate nearly doubled year-over-year.
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.
1 more from Inside Public Accounting Blog
Taxfyle launches AI-native tax planning platform for wealth advisors
Taxfyle rolled out Plan, an AI-powered tax strategy platform for RIAs that integrates planning, reporting, and filing through a network of 7,200+ CPAs and EAs in a single workflow.
IRS issues AI guidelines for tax practitioners after Deloitte mishap
The IRS released new guidelines on responsible AI use in federal tax practice, including warnings about hallucinations and made-up sources—prompted by Deloitte's citation of fake cases.
AI tax filing failures raise liability and accountability questions
As AI agents handle tax filing, unclear liability rules emerge: who bears costs when algorithms make errors—taxpayers, software vendors, or accountants?
IRS advisory committee backs AI adoption with preparer safeguards
IRS advisory committee recommends sustained funding for AI tools while implementing preparer regulation and fraud prevention safeguards in tax administration.