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Thomson Reuters Adds Generative AI to SurePrep

CPA Practice

New features and enhancements in SurePrep TaxCaddy, Cloud Audit Suite, and ONESOURCE support the automation of tax workflows, driving efficiency and saving time for professionals in firms and corporate tax departments. This will not only save auditors time, but it will elevate confidence in results, and reduce risk for firms.”

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Upcoming Tax Issues Facing Dealerships That Need To Be Addressed Now

Withum

The House Ways and Means Committee has introduced a year-end tax bill that would preserve 100% bonus depreciation until the end of 2025. The Qualified Business Income (“QBI”) Deduction Sunsets The QBI is a 20% “off the top” deduction on the income of qualifying businesses and lowers the effective tax rate on this income.

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6 Trends That Are Shaping the Future of Tax and Accounting

Accounting Insight

These trends will lead to an increased interest among tax and accounting firms to outsource tax preparation services to free up staff time to focus on higher-value work. And governments around the world – 136, to date – have also already agreed to adopt the 15% minimum corporate tax.

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