{"id":56372,"date":"2024-10-21T08:00:00","date_gmt":"2024-10-21T13:00:00","guid":{"rendered":"https:\/\/taxprocenter.proconnect.intuit.com\/?p=56372"},"modified":"2024-11-15T08:07:36","modified_gmt":"2024-11-15T14:07:36","slug":"ai-in-tax-and-accounting","status":"publish","type":"post","link":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/ai-in-tax-and-accounting\/","title":{"rendered":"AI in tax and accounting"},"content":{"rendered":"\n<p>You\u2019d be hard pressed these days to find anyone who hasn\u2019t heard of artificial intelligence (AI). Tax and accounting firms are no exception. But just because firms have heard about AI doesn\u2019t mean they\u2019ve implemented it.<\/p>\n\n\n\n<p>Why the hesitation? There are several reasons: lack of understanding, fear of being replaced, concerns over data security \u2026 the list goes on. While those reasons are justified\u2014and we\u2019ll cover why you don\u2019t really <em>need<\/em> to worry about them\u2014there may be something that firms aren\u2019t considering: the staffing shortage in the tax and accounting profession.<\/p>\n\n\n\n<p>Between <a href=\"https:\/\/www.journalofaccountancy.com\/news\/2023\/oct\/pool-of-accounting-graduates-shrinks-aicpa-report-finds.html\" target=\"_blank\">fewer accounting graduates and those sitting for the CPA exam<\/a>, AI can help fill the void. How? By improving efficiency, automating repetitive tasks, delivering <em>more<\/em> value to clients, and helping firms scale\u2014without the need for additional staff <em>or<\/em> replacing your current team. It\u2019s all about augmenting their capabilities.<\/p>\n\n\n\n<p>So let\u2019s talk about AI in tax and accounting: what it actually does, how it works, and how you can intentionally approach its implementation within your firm.<\/p>\n\n\n\n<p class=\"has-x-large-font-size\"><strong>What AI can do in your firm<\/strong><\/p>\n\n\n\n<p>When it comes to tax and accounting software, AI\u2019s biggest selling point is that it works behind the scenes to help streamline your firm\u2019s operations. This allows you to focus on more strategic, high-value work &#8230; <a href=\"https:\/\/taxprocenter.proconnect.intuit.com\/advisory-services\/decoding-the-difference-tax-planning-vs-advisory\/\">advisory services<\/a>, anyone? Here are several key functions that AI can perform in your firm:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Automated collection and organization.<\/strong> AI can automatically extract data from various sources, including financial statements, receipts, and tax documents. The data is then organized into the appropriate places for review, minimizing manual input and reducing the chance of human error.<\/li>\n\n\n\n<li><strong>Document request lists.<\/strong> One of the most time-consuming tasks is gathering the necessary documents from clients. AI streamlines this process by creating intelligent document request lists based on predefined rules and previous engagements. This ensures the right documents are requested at the right time without the burden of manual tracking.<\/li>\n\n\n\n<li><strong>E-signatures.<\/strong> Have documents that require client approval or signatures? AI\u2019s got you covered here, too. Once a document is ready, AI can automatically send it to the client for an <a href=\"https:\/\/accountants.intuit.com\/esignature\/\">e-signature<\/a>, track its status, notify you and your client when the signature is completed, and seamlessly identify and sort it with no further manual intervention.<\/li>\n\n\n\n<li><strong>Client questionnaires.<\/strong> Gathering information from clients can be a lengthy process, but AI simplifies this by generating smart client questionnaires that are dynamically customized based on a client\u2019s previous responses or the nature of the engagement. This helps reduce unnecessary follow-up questions and ensures you get the right information upfront.&nbsp;&nbsp;<\/li>\n\n\n\n<li><strong>Notifications and reminders.<\/strong> Missing a deadline is a worst-case scenario for firms. AI helps you stay on top of deadlines\u2014think tax filing dates, quarterly reports, compliance submissions\u2014by sending automated reminders to ensure nothing slips through the cracks.<\/li>\n<\/ul>\n\n\n\n<p>AI doesn\u2019t just automate tasks\u2014it transforms the way you work. AI helps manage workflows, giving you more time to focus on what matters: providing insightful, high-level advisory services to your clients.<\/p>\n\n\n\n<p><strong>Related:<\/strong> <a href=\"https:\/\/safesend.com\/about\/news\/transforming-tax-accounting-safesend-gather-ai\/?utm_campaign=intuit-guest-blog-ai-sp-ss-q3-24&amp;utm_medium=blog&amp;utm_source=intuit&amp;utm_content=null&amp;utm_term=null\" target=\"_blank\">How AI Is Revolutionizing the Tax and Accounting Profession<\/a><\/p>\n\n\n\n<p class=\"has-x-large-font-size\"><strong>How AI actually works<\/strong><\/p>\n\n\n\n<p>Now that we know what AI can do in your firm, let\u2019s explore how it works within accounting software. At its core, AI is driven by a combination of technologies, such as <a href=\"https:\/\/www.ibm.com\/topics\/machine-learning\" target=\"_blank\">machine learning<\/a> and <a href=\"https:\/\/www.ibm.com\/topics\/natural-language-processing\" target=\"_blank\">natural language processing<\/a>. These technologies enable AI to perform tasks that typically require human intelligence, but they can complete these tasks with great speed, efficiency, and accuracy.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Machine learning (ML)<\/strong> involves teaching a computer to learn from vast amounts of data, and make decisions or predictions based on patterns it detects. In the tax and accounting space, ML algorithms analyze historical financial data, transactions, and, sometimes, client interactions to detect patterns and make recommendations. It can also detect anomalies in financial transactions, catching potential errors, misclassifications, or even fraudulent activities.<\/li>\n\n\n\n<li><strong>Natural language processing (NLP)<\/strong> enables machines to understand and process human language. For firms, this means it comprehends text from unstructured documents such as emails or contracts. NLP also allows AI to automatically recognize the type of document. Examples include tax returns, receipts, and reports. Then, NLP organizes these appropriately in the system.<\/li>\n<\/ul>\n\n\n\n<p>In many cases, AI technology operates via <a href=\"https:\/\/aws.amazon.com\/what-is\/large-language-model\/\" target=\"_blank\">large language models (LLMs)<\/a>, advanced models trained on massive datasets. These models allow accounting software to perform sophisticated tasks, such as classifying information or predicting outcomes with minimal supervision.&nbsp;<\/p>\n\n\n\n<p class=\"has-x-large-font-size\"><strong>Practical use case: A tax accountant\u2019s day with AI<\/strong><\/p>\n\n\n\n<p>Let\u2019s check out a typical day in the life of a tax accountant leveraging AI in their accounting tech stack.<\/p>\n\n\n\n<p class=\"has-large-font-size\"><strong>Morning: Document collection and organization<\/strong><\/p>\n\n\n\n<p>It\u2019s the start of the day; instead of spending the morning chasing down financial statements, tax forms, or other critical documents, AI has already done the heavy lifting. It automatically sent document request lists tailored to each client\u2019s needs, and clients have already begun to respond and upload their documents.<\/p>\n\n\n\n<p>As that happens, AI analyzes and sorts them in real time, flagging missing items or inconsistencies. You can see all the documents that have been collected and ready for review in a centralized dashboard. No more manually tracking and sorting through folders.<\/p>\n\n\n\n<p class=\"has-large-font-size\"><strong>Mid-morning: tax preparation<\/strong><\/p>\n\n\n\n<p>Imagine it\u2019s busy season and time to work on tax returns. Because of AI\u2019s data extraction and organizational capabilities, all the relevant information\u2014receipts, W-2s, 1099s, and other tax-related documents\u2014has been compiled and sorted.<\/p>\n\n\n\n<p>AI identifies potential tax deductions or credits, and flags areas of further concern; for example, when income reported is significantly higher or lower than the previous year. This allows you to focus on the issues before filing, and ensures all required forms and schedules are attached and correctly filled out, reducing the likelihood of errors, delays, or penalties.<\/p>\n\n\n\n<p class=\"has-large-font-size\"><strong>After lunch: automated client communication and eSignatures<\/strong><\/p>\n\n\n\n<p>When it\u2019s time to file a client\u2019s tax return, AI sends out requests for e-signatures, tracks the status of each request, sends reminders to clients who haven\u2019t signed yet, and keeps you updated\u2014all with zero manual follow-up required. All the back-and-forth with the client is eliminated, while you get to focus on more meaningful client interactions instead of administrative work.<\/p>\n\n\n\n<p class=\"has-large-font-size\"><strong>Mid-afternoon: notifications and workflow management<\/strong><\/p>\n\n\n\n<p>AI doesn\u2019t take a break. It\u2019s working in the background, sending automated reminders and notifications about upcoming deadlines, missing documents, and tasks that need your attention. Have taxes due next week for a client? AI\u2019s already on it. The client\u2019s income data has been analyzed and their tax liability projection is ready. All you have to do is review it and send it for client approval.<\/p>\n\n\n\n<p>While this happens, AI monitors your ongoing tasks and projects using intelligent workflows to ensure everything runs smoothly. If a client submits a new document, it gets sorted and organized automatically, and you get an alert. You no longer have to manually track engagements, which helps you reduce time-consuming tasks and stay on top of your work.<\/p>\n\n\n\n<p class=\"has-x-large-font-size\"><strong>AI\u2019s real-world benefits for you and your firm<\/strong><\/p>\n\n\n\n<p>If you haven\u2019t seen the value of AI in tax and accounting quite yet, let\u2019s talk about three pain points:&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>It reduces manual work.<\/strong> AI is a rockstar. It automates repetitive tasks such as data entry, document collection, and deadline tracking. This frees up your time to focus on higher-value work, such as advising clients or analyzing financial trends.<\/li>\n\n\n\n<li><strong>It mitigates staffing challenges.<\/strong> The shortage of qualified accountants is felt everywhere, and many firms struggle to meet growing client demands. AI helps bridge the gap by taking over routine tasks, allowing you to serve <em>more<\/em> clients with fewer resources.<\/li>\n\n\n\n<li><strong>It enhances client collaboration. <\/strong>With AI, the traditional back-and-forth required to get the documents you need is a thing of the past. AI-driven workflows improve communication and collaboration, getting you the documents and signatures you need without manual intervention.<\/li>\n<\/ol>\n\n\n\n<p class=\"has-x-large-font-size\"><strong>How AI should be approached<\/strong><\/p>\n\n\n\n<p>Implementing AI in your practice may seem overwhelming, but it doesn\u2019t have to be. The key is to approach it one process at a time. Here\u2019s how.&nbsp;&nbsp;<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Start small.<\/strong> The first key to approaching AI is to focus on one area at a time. Identify a single area where AI can provide immediate benefits. Maybe it\u2019s document collection or e-signatures. Choose one solution and test it out. Once you feel comfortable with the current solution, add another. By focusing on incremental adoption, AI becomes a natural part of your workflow\u2014instead of a disruption.<\/li>\n\n\n\n<li><strong>Create a learning culture.<\/strong> When you approach AI in your firm, you\u2019ll need a shift in mindset from your entire team. AI can seem intimidating at first, so offer training programs or workshops that teach your staff how to use AI tools effectively. And allow for a collaborative environment where employees can openly share insights and ask questions. The more comfortable and knowledgeable they are, the more likely they\u2019ll be open to using AI.<\/li>\n\n\n\n<li><strong>Focus on pain points.<\/strong> While using the same AI as everyone around you may seem like the best thing to do, <em>their<\/em> pain points may not match <em>your<\/em> pain points. Take the time to assess what challenges your firm faces, such as repetitive tasks (data entry and document management), deadlines, or client communications. Choose a tool\u2014remember, just one at first\u2014that directly addresses the issue.<\/li>\n<\/ol>\n\n\n\n<p>Don\u2019t be afraid to ask for help when you need it. Start slow, monitor the results of each implementation, and gradually expand AI usage as you and your staff become more comfortable with the technology.&nbsp;<\/p>\n\n\n\n<p class=\"has-x-large-font-size\"><strong>Unlock the benefits of AI at your firm<\/strong><\/p>\n\n\n\n<p>AI isn\u2019t going anywhere. It\u2019s not going to replace you or your job. Think of AI as the secret weapon you have in your back pocket that automates time-consuming and repetitive tasks, giving you the time back in your day to focus on what truly matters: building deeper client relationships.<\/p>\n\n\n\n<p>Remember, the real benefit of AI in tax and accounting is that it doesn\u2019t take away the human element\u2014it enhances it.<\/p>\n\n\n\n<p><strong>Editor\u2019s note<\/strong>: SafeSend One\u2122, the end-to-end solution for tax and accounting firms, is available now and <a href=\"https:\/\/accountants.intuit.com\/tax-accounting-workflow-software\/safesend\/\">integrates with Intuit\u00ae Lacerte\u00ae Tax<\/a>. SafeSend One, which includes Next Gen Gather AI, automates the entire tax process, from gathering to delivery, offering firms an all-in-one solution to provide an unrivaled client experience. <a href=\"https:\/\/info.safesend.com\/next-gen-gather-ai-vendor-led?utm_campaign=intuit-guest-blog-ai-demo-sp-ss-q3-24&amp;utm_medium=blog&amp;utm_source=intuit&amp;utm_content=null&amp;utm_term=null\" target=\"_blank\">Click here to schedule your demo<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Even though we have barely scratched the surface of what AI can do for tax accountants, there are already proven cases in which AI saved time and improved productivity. Find out more in this imaginative article from SafeSend&#8217;s Andrew Hatfield.<\/p>\n","protected":false},"author":144649133,"featured_media":56382,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rkv_browse_by_id":0,"rkv_cta_id":0,"rkv_optimize_for_pagespeed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"useModifiedDate":false,"customPublishDate":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[116807],"tags":[646041932,582953262],"intuit_collection":[],"intuit_series":[],"coauthors":[646041936],"class_list":["post-56372","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-practice-management","tag-safesend","tag-sophisticated-technology"],"header_image":"","yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AI in tax and accounting - Tax Pro Center | Intuit<\/title>\n<meta name=\"description\" content=\"We have barely scratched the surface of what AI can do for tax accountants; find out more in this article from SafeSend&#039;s Andrew Hatfield.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/accountants.intuit.com\/taxprocenter\/about\/news\/ai-in-tax-and-accounting\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AI in tax and accounting - Tax Pro Center | Intuit\" \/>\n<meta property=\"og:description\" content=\"We have barely scratched the surface of what AI can do for tax accountants; find out more in this article from SafeSend&#039;s Andrew Hatfield.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/\" \/>\n<meta property=\"og:site_name\" content=\"Tax Pro Center | Intuit\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/IntuitAccountants\" \/>\n<meta property=\"article:published_time\" content=\"2024-10-21T13:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-15T14:07:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/10\/AI-in-tax-and-accounting-copy.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"600\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Andrew Hatfield\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@IntuitAccts\" \/>\n<meta name=\"twitter:site\" content=\"@IntuitAccts\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Andrew Hatfield\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"8 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/practice-management\\\/ai-in-tax-and-accounting\\\/\"},\"author\":{\"name\":\"Andrew Hatfield\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/person\\\/1ecce0bd435b6470550430903dd68f3d\"},\"headline\":\"AI in tax and accounting\",\"datePublished\":\"2024-10-21T13:00:00+00:00\",\"dateModified\":\"2024-11-15T14:07:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/practice-management\\\/ai-in-tax-and-accounting\\\/\"},\"wordCount\":1747,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/AI-in-tax-and-accounting-copy.jpg\",\"keywords\":[\"SafeSend\",\"sophisticated technology\"],\"articleSection\":[\"Practice Management\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/practice-management\\\/ai-in-tax-and-accounting\\\/\",\"url\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/\",\"name\":\"AI in tax and accounting - Tax Pro Center | Intuit\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/AI-in-tax-and-accounting-copy.jpg\",\"datePublished\":\"2024-10-21T13:00:00+00:00\",\"dateModified\":\"2024-11-15T14:07:36+00:00\",\"description\":\"We have barely scratched the surface of what AI can do for tax accountants; find out more in this article from SafeSend's Andrew Hatfield.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#primaryimage\",\"url\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/AI-in-tax-and-accounting-copy.jpg\",\"contentUrl\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/wp-content\\\/uploads\\\/2024\\\/10\\\/AI-in-tax-and-accounting-copy.jpg\",\"width\":1440,\"height\":600,\"caption\":\"AI in tax and accounting\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/safesend.com\\\/about\\\/news\\\/ai-in-tax-and-accounting\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"AI in tax and accounting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#website\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\",\"name\":\"Tax Pro Center | Intuit\",\"description\":\"Tax Pro Center\",\"publisher\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#organization\",\"name\":\"Tax Pro Center | Intuit\",\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Tax_Pro_Center_Logo_Final_large.webp\",\"contentUrl\":\"https:\\\/\\\/taxprocenter.proconnect.intuit.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Tax_Pro_Center_Logo_Final_large.webp\",\"width\":872,\"height\":160,\"caption\":\"Tax Pro Center | Intuit\"},\"image\":{\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/IntuitAccountants\",\"https:\\\/\\\/x.com\\\/IntuitAccts\",\"https:\\\/\\\/www.instagram.com\\\/intuitaccountants\\\/?hl=en\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/intuit-accountants\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/#\\\/schema\\\/person\\\/1ecce0bd435b6470550430903dd68f3d\",\"name\":\"Andrew Hatfield\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6cd5f2a7d46095a306efe3edf02ea288c00aae6676ccaee2fe5d153df8a5f8c3?s=96&d=identicon&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6cd5f2a7d46095a306efe3edf02ea288c00aae6676ccaee2fe5d153df8a5f8c3?s=96&d=identicon&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/6cd5f2a7d46095a306efe3edf02ea288c00aae6676ccaee2fe5d153df8a5f8c3?s=96&d=identicon&r=g\",\"caption\":\"Andrew Hatfield\"},\"description\":\"Andrew Hatfield is co-founder and chief growth officer at SafeSend, where he leads revenue growth, strategic partnerships, and long-term priorities and agenda. He is a recognized industry speaker and thought leader, as well as an enthusiast for emerging technologies that impact tax and accounting firms. Andrew lends his automation technology expertise and deep domain knowledge of the profession to help create innovative software solutions\u2014each providing exponential efficiency gains for tax and accounting professionals.\",\"sameAs\":[\"https:\\\/\\\/safesend.com\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/in\\\/andrew971\\\/\"],\"url\":\"https:\\\/\\\/accountants.intuit.com\\\/taxprocenter\\\/author\\\/andrewhatfieldtax\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"AI in tax and accounting - Tax Pro Center | Intuit","description":"We have barely scratched the surface of what AI can do for tax accountants; find out more in this article from SafeSend's Andrew Hatfield.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/accountants.intuit.com\/taxprocenter\/about\/news\/ai-in-tax-and-accounting\/","og_locale":"en_US","og_type":"article","og_title":"AI in tax and accounting - Tax Pro Center | Intuit","og_description":"We have barely scratched the surface of what AI can do for tax accountants; find out more in this article from SafeSend's Andrew Hatfield.","og_url":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/","og_site_name":"Tax Pro Center | Intuit","article_publisher":"https:\/\/www.facebook.com\/IntuitAccountants","article_published_time":"2024-10-21T13:00:00+00:00","article_modified_time":"2024-11-15T14:07:36+00:00","og_image":[{"width":1440,"height":600,"url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/10\/AI-in-tax-and-accounting-copy.jpg","type":"image\/jpeg"}],"author":"Andrew Hatfield","twitter_card":"summary_large_image","twitter_creator":"@IntuitAccts","twitter_site":"@IntuitAccts","twitter_misc":{"Written by":"Andrew Hatfield","Est. reading time":"8 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#article","isPartOf":{"@id":"https:\/\/taxprocenter.proconnect.intuit.com\/practice-management\/ai-in-tax-and-accounting\/"},"author":{"name":"Andrew Hatfield","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/person\/1ecce0bd435b6470550430903dd68f3d"},"headline":"AI in tax and accounting","datePublished":"2024-10-21T13:00:00+00:00","dateModified":"2024-11-15T14:07:36+00:00","mainEntityOfPage":{"@id":"https:\/\/taxprocenter.proconnect.intuit.com\/practice-management\/ai-in-tax-and-accounting\/"},"wordCount":1747,"commentCount":0,"publisher":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization"},"image":{"@id":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#primaryimage"},"thumbnailUrl":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/10\/AI-in-tax-and-accounting-copy.jpg","keywords":["SafeSend","sophisticated technology"],"articleSection":["Practice Management"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/taxprocenter.proconnect.intuit.com\/practice-management\/ai-in-tax-and-accounting\/","url":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/","name":"AI in tax and accounting - Tax Pro Center | Intuit","isPartOf":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#website"},"primaryImageOfPage":{"@id":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#primaryimage"},"image":{"@id":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#primaryimage"},"thumbnailUrl":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/10\/AI-in-tax-and-accounting-copy.jpg","datePublished":"2024-10-21T13:00:00+00:00","dateModified":"2024-11-15T14:07:36+00:00","description":"We have barely scratched the surface of what AI can do for tax accountants; find out more in this article from SafeSend's Andrew Hatfield.","breadcrumb":{"@id":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#primaryimage","url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/10\/AI-in-tax-and-accounting-copy.jpg","contentUrl":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/10\/AI-in-tax-and-accounting-copy.jpg","width":1440,"height":600,"caption":"AI in tax and accounting"},{"@type":"BreadcrumbList","@id":"https:\/\/safesend.com\/about\/news\/ai-in-tax-and-accounting\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/taxprocenter.proconnect.intuit.com\/"},{"@type":"ListItem","position":2,"name":"AI in tax and accounting"}]},{"@type":"WebSite","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#website","url":"https:\/\/accountants.intuit.com\/taxprocenter\/","name":"Tax Pro Center | Intuit","description":"Tax Pro Center","publisher":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/accountants.intuit.com\/taxprocenter\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#organization","name":"Tax Pro Center | Intuit","url":"https:\/\/accountants.intuit.com\/taxprocenter\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/logo\/image\/","url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2022\/10\/Tax_Pro_Center_Logo_Final_large.webp","contentUrl":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2022\/10\/Tax_Pro_Center_Logo_Final_large.webp","width":872,"height":160,"caption":"Tax Pro Center | Intuit"},"image":{"@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/IntuitAccountants","https:\/\/x.com\/IntuitAccts","https:\/\/www.instagram.com\/intuitaccountants\/?hl=en","https:\/\/www.linkedin.com\/company\/intuit-accountants\/"]},{"@type":"Person","@id":"https:\/\/accountants.intuit.com\/taxprocenter\/#\/schema\/person\/1ecce0bd435b6470550430903dd68f3d","name":"Andrew Hatfield","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/6cd5f2a7d46095a306efe3edf02ea288c00aae6676ccaee2fe5d153df8a5f8c3?s=96&d=identicon&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6cd5f2a7d46095a306efe3edf02ea288c00aae6676ccaee2fe5d153df8a5f8c3?s=96&d=identicon&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6cd5f2a7d46095a306efe3edf02ea288c00aae6676ccaee2fe5d153df8a5f8c3?s=96&d=identicon&r=g","caption":"Andrew Hatfield"},"description":"Andrew Hatfield is co-founder and chief growth officer at SafeSend, where he leads revenue growth, strategic partnerships, and long-term priorities and agenda. He is a recognized industry speaker and thought leader, as well as an enthusiast for emerging technologies that impact tax and accounting firms. Andrew lends his automation technology expertise and deep domain knowledge of the profession to help create innovative software solutions\u2014each providing exponential efficiency gains for tax and accounting professionals.","sameAs":["https:\/\/safesend.com\/","https:\/\/www.linkedin.com\/in\/andrew971\/"],"url":"https:\/\/accountants.intuit.com\/taxprocenter\/author\/andrewhatfieldtax\/"}]}},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/10\/AI-in-tax-and-accounting-copy.jpg","jetpack_shortlink":"https:\/\/wp.me\/pazjGh-eFe","jetpack-related-posts":[{"id":52944,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/workflow-tools\/predictions-for-tax-automations-in-2024\/","url_meta":{"origin":56372,"position":0},"title":"7 predictions for tax automations in 2024","author":"Andrew Hatfield","date":"April 22, 2024","format":false,"excerpt":"2024 will see firms and vendors looking for ways to leverage AI, particularly in the tax document gathering process. Find out more in this article by Andrew Hatfield.","rel":"","context":"In &quot;Practice Management&quot;","block_context":{"text":"Practice Management","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/practice-management\/"},"img":{"alt_text":"7 predictions for tax automations in 2024","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/04\/7-predictions-for-tax-automations-in-2024-copy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/04\/7-predictions-for-tax-automations-in-2024-copy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/04\/7-predictions-for-tax-automations-in-2024-copy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2024\/04\/7-predictions-for-tax-automations-in-2024-copy.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":59159,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/hot-topics-in-tax-and-accounting-for-2025\/","url_meta":{"origin":56372,"position":1},"title":"Hot topics in tax and accounting for 2025","author":"Ben Curtis, CPA","date":"February 26, 2025","format":false,"excerpt":"What's on tap for firms in 2025? Find out in this thought leadership article from Ben Curtis.","rel":"","context":"In &quot;Practice Management&quot;","block_context":{"text":"Practice Management","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/practice-management\/"},"img":{"alt_text":"Transform your tax firm: 3 big mind shifts","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/12\/Transform-your-tax-firm-3-big-mind-shifts-copy.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/12\/Transform-your-tax-firm-3-big-mind-shifts-copy.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/12\/Transform-your-tax-firm-3-big-mind-shifts-copy.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/12\/Transform-your-tax-firm-3-big-mind-shifts-copy.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":10984,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/why-millennials-hold-the-key-to-your-tax-and-accounting-firms-success\/","url_meta":{"origin":56372,"position":2},"title":"Why Millennials Hold the Key to Your Tax and Accounting Firm&#8217;s Success","author":"Tara Stratton","date":"November 11, 2017","format":false,"excerpt":"You need younger staff to help you adapt \u2014 or your tax and accounting firm may become irrelevant.","rel":"","context":"In &quot;Practice Management&quot;","block_context":{"text":"Practice Management","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/practice-management\/"},"img":{"alt_text":"millennials in a tax and accounting firm","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2017\/11\/millennials-e1535552180648.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":65107,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/how-to-implement-ai-in-you-tax-practice\/","url_meta":{"origin":56372,"position":3},"title":"How to implement AI in your tax practice","author":"Scott Cytron","date":"September 8, 2025","format":false,"excerpt":"It's time to put AI into action. In this downloadable white paper, begin using AI in your practice right away, from taking meeting notes to compiling tax research. Don't miss it!","rel":"","context":"In &quot;Practice Management&quot;","block_context":{"text":"Practice Management","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/practice-management\/"},"img":{"alt_text":"How to implement AI in your tax practice","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/09\/How-to-implement-AI-in-your-tax-practice.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/09\/How-to-implement-AI-in-your-tax-practice.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/09\/How-to-implement-AI-in-your-tax-practice.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/09\/How-to-implement-AI-in-your-tax-practice.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":31128,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/advisory-services\/3-creative-ways-to-get-your-first-advisory-client\/","url_meta":{"origin":56372,"position":4},"title":"3 creative ways to get your first advisory client","author":"Scott Cytron","date":"October 16, 2023","format":false,"excerpt":"You know you should offer advisory services, but how do you get your first client? Leap the obstacles with advice from Terrell A. Turner, CPA.","rel":"","context":"In &quot;Advisory Services&quot;","block_context":{"text":"Advisory Services","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/advisory-services\/"},"img":{"alt_text":"3 creative ways to get your first advisory client","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/10\/3-creative-ways-to-get-your-first-advisory-client.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/10\/3-creative-ways-to-get-your-first-advisory-client.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/10\/3-creative-ways-to-get-your-first-advisory-client.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2023\/10\/3-creative-ways-to-get-your-first-advisory-client.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":70829,"url":"https:\/\/accountants.intuit.com\/taxprocenter\/practice-management\/the-remote-advantage-scaling-smarter\/","url_meta":{"origin":56372,"position":5},"title":"The remote advantage: Scaling smarter","author":"Scott Cytron","date":"December 22, 2025","format":false,"excerpt":"Work smarter, not harder ... get some fresh perspectives on how three tax pros get their jobs done anywhere, anytime, thanks to working remotely.","rel":"","context":"In &quot;Practice Management&quot;","block_context":{"text":"Practice Management","link":"https:\/\/accountants.intuit.com\/taxprocenter\/category\/practice-management\/"},"img":{"alt_text":"Working Remotely","src":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-12-at-10.36.12-AM.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-12-at-10.36.12-AM.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-12-at-10.36.12-AM.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/taxprocenter.proconnect.intuit.com\/wp-content\/uploads\/2025\/12\/Screenshot-2025-12-12-at-10.36.12-AM.png?resize=700%2C400&ssl=1 2x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/56372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/users\/144649133"}],"replies":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/comments?post=56372"}],"version-history":[{"count":11,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/56372\/revisions"}],"predecessor-version":[{"id":57115,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/posts\/56372\/revisions\/57115"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/media\/56382"}],"wp:attachment":[{"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/media?parent=56372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/categories?post=56372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/tags?post=56372"},{"taxonomy":"intuit_collection","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/intuit_collection?post=56372"},{"taxonomy":"intuit_series","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/intuit_series?post=56372"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/accountants.intuit.com\/taxprocenter\/wp-json\/wp\/v2\/coauthors?post=56372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}