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AI in action: How to create a seamless end-to-end experience for your tax and accounting firm

ThomsonReuters

Jump to The power of AI in tax preparation How AI contributes to long-term sustainability in accounting Getting started with AI Are you ready to get AI in action for your tax and accounting firm? Are you ready to get AI in action for your tax and accounting firm?

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How to efficiently file individual income tax returns: A workflow guide for accounting firms

ThomsonReuters

Filing individual income tax returns can be a complex process, but with the right workflow, professional tax preparers and accounting firms can streamline the experience for both clients and staff. Harnessing technology for individual income tax return filing can transform the efficiency of accounting firms.

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Leveraging new IRS digital asset reporting regulations: Opportunities for personalized advisory services

ThomsonReuters

For example, advising a client on how to strategically sell a tokenized asset to minimize taxes could save them thousands, cementing your firms value beyond tax preparation. Consider offering tailored services for reconciling transaction histories, calculating adjusted bases, and preparing Form 1099-DA filings.

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Reflecting on tax season: How to make changes for next year

ThomsonReuters

With these capabilities, your firm can move from reactive tax compliance to proactive tax planning ensuring you remain ahead of the curve and ready to advise clients on the latest developments. Manual data entry and disjointed systems create bottlenecks that can slow down tax preparation and increase the risk of errors.

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How do you audit crypto? It starts with understanding how to report on it.  

ThomsonReuters

Up-to-the-minute reporting promotes client engagement with tax planning and advisory services around their crypto assets. Reporting can be easily imported into your tax preparation software. Transaction matching. Exclusive integration. Want to learn more about the new IRS digital asset reporting requirements?

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Are you ready for the future of tax preparation?

ThomsonReuters

Jump to The challenge of tax preparation A better way: The future of tax preparation Why UltraTax CS is the smart choice for tax preparation software Are you ready to learn more? A better way: The future of tax preparation The future of tax preparation is being reshaped by advances in technology.