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4 things tax and audit professionals to know about agentic AI

ThomsonReuters

Streamlined compliance: AI agents could monitor regulatory changes, flag potential compliance issues, and even assist in preparing and filing tax returns. Strategic planning: AI agents could analyze market trends, financial data, and tax implications to assist in long-term business and tax planning.

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4 things tax and audit professionals need to know about agentic AI

ThomsonReuters

Streamlined compliance: AI agents could monitor regulatory changes, flag potential compliance issues, and even assist in preparing and filing tax returns. Strategic planning: AI agents could analyze market trends, financial data, and tax implications to assist in long-term business and tax planning.

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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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How agentic AI is redefining the tax and accounting profession

ThomsonReuters

For years, automation has eliminated the need for tax professionals to spend their days steeped in manual data entry, searching for blank fields or numbers that dont add up. With agentic AI, accountants can automate complex pieces of the tax return process.

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5 time management tips for accountants and CPAs

ThomsonReuters

Examples include filing urgent tax returns or addressing critical financial discrepancies. For instance, if you are working on a tax return for a client with a complex financial situation, build in extra time for thorough review and to allow for any unforeseen issues.

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Whitepaper: Elevate Your Firm’s Pricing Strategy. Are You Leaving Money on the Table?

CPA Practice

This white paper provides actionable steps and real-world examples to help you implement new strategies and grow your firm. Discover how to transition to a more profitable, value-based pricing model that increases revenue and client satisfaction.

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AI agents versus RPA: A guide for accountants

ThomsonReuters

How to embrace the future of technology in tax and accounting White paper AI and taxation: What professionals need to know Read white paper Defining agentic AI and RPA As the profession sifts through the impacts and potential applications of traditional AI and generative AI , a new iteration has appeared on the radar — agentic AI.