Practical Steps for CPAs to Start with AI Before Tax Season
If I read one more AI article, I’m going to pull what’s left of my hair out!
If I read one more AI article, I’m going to pull what’s left of my hair out!
Whether we like it or not, there is incredible pressure on businesses to adopt AI. That pressure is only increasing as AI spending is expected to grow by nearly 30% over the next four years.
While Gen Z might have a stigma against them in the workplace and employers are already firing them in droves, business experts are warning companies not to let go of their younger employees just yet.
When it comes to filing tax returns, Artificial Intelligence (AI) has become the go-to cure-all for some taxpayers – and more concerning – some tax advisors as well.
In the past two decades, a multitude of providers have popped up in the R&D Credit space. These “pop-ups” try to cover up shortcuts and inexperience with AI and slick marketing, putting taxpayers at risk and casting shade on the complex incentives industry as a whole.
I am just a practical, old time, semi-retired non-tech savvy CPA who struggles to even use a TV remote control. Don’t waste my time with theory.
In today’s business world, companies are scrambling to harness the potential of Generative AI. But amidst the excitement, many find themselves unsure of how to maximize the impact of this new technology.
Generative AI has been hyped so much over the past two years that observers see an inevitable course correction ahead — one that should prompt CIOs to rethink their gen AI strategies.
As a CEO, I’ve seen so many allegedly “game-changing’” technologies come and go this century – from AR/VR technology, blockchain, 3D printing, the Metaverse, NFTs, Web3, and the list goes on and on.
Recently, major questions have been asked about pop-up shops claiming to do taxes with artificial intelligence (AI). Some are even saying they can perform studies for complex incentives such as the Research and Development (R&D) credit. The Internal Revenue Service (IRS) has this to say flatly…