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AI agents versus RPA: A guide for accountants

ThomsonReuters

For instance, agentic AI can be used to : Monitor regulatory changes, flag potential compliance issues, and even assist in preparing and filing tax returns. Analyze market trends, financial data, and tax implications to assist professionals in long-term business and tax planning for their clients.

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Correctly File Your Sales Tax Returns in Four Steps

TaxConnex

Consumer’s Use tax is imposed on the storage, use or consumption of a taxable item or service on which no sales or seller’s use tax has been paid. These forms and the corresponding tax you are required to remit are determined and set up by the state based on the company’s initial registration as a taxpayer in that state.

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Your Firm and Your Tools – Top Technology Initiatives

CPA Practice

Automated Data Entry and Expense Management Automation tools like Dext Prepare , Expensify , Zoho Expense , and Hubdoc leverage optical character recognition (OCR) technology to streamline data entry and expense management.

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Checklist for Small Business Startups

SMBAccountant

Budgeting helps with financial planning, expense management, cashflow management, goal setting, and identifying plausible opportunities and associated risks. Establish a system for collecting and remitting sales tax if required. Additionally, they provide accountability to everyone involved.

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How Client Conversations Can Turn Tax Season Into Opportunity Season

CPA Practice

For many accountants, busy season can certainly feel more like “survival season” – last year, nearly 200 million individual and business tax returns were filed , with accountants shouldering a large portion of the work.

Tax 121
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How Client Conversations Can Turn Tax Season Into Opportunity Season

CPA Practice

For many accountants, busy season can certainly feel more like “survival season” – last year, nearly 200 million individual and business tax returns were filed , with accountants shouldering a large portion of the work.

Tax 93
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UK Metro Bank Hit By Messaging Scams

PYMNTS

Separately, in an effort to stymie fraud, corporate expense management solution provider Coupa has updated its platform. In other examples of Gmail-related fraud, bad actors used them to file more than a dozen false tax returns and apply for unemployment benefits, in addition to other scams.