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Meeting the Staffing Demands: How Automation is Transforming Accounting Firms

CPA Practice

However, as tax regulations become more intricate and audit scrutiny intensifies, the demand for accurate tax preparation continues to grow, adding pressure to tax practitioners. However, today, it struggles to replace those who leave the profession.

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Legal Tax Expert Discusses AI in IRS Auditing and the Future of the ERC

ThomsonReuters

” Per the IRS’s Strategic Operating Plan for fiscal year (FY) 2023 through 2031, expanded enforcement is on the radar for large partnerships and large corporations, with additional focus on the employment tax returns these and other entities file. Will practitioner guidance change?

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