AI Tax Research
AI agents that research tax code in real time — IRS source citations, client-context memory, and how AI is reshaping the research workflow.
10 articles on this topic.
Charitable Remainder Annuity Trust Listed Transaction: What CPA Firms Must Do Now
The IRS published final regulations on July 9, 2026, officially designating certain charitable remainder annuity trust (CRAT) transactions as listed transactions. CPA firms with high-net-worth clients, nonprofit advisees, or estate planning engagements face immediate disclosure obligations and stiff penalties for non-compliance. Here is the operational breakdown every firm owner needs this week.
IRS Standard Mileage Rate Mid-Year Change: What CPAs Must Do Now
A mid-year IRS standard mileage rate adjustment is rare — and it forces CPAs to apply two separate rates to a single tax year's business miles. This guide walks through the split-year calculation methodology, client communication steps, and how AI-native practice tools can reduce the manual burden across your entire mileage-tracking client base.
Qualified Domestic Trust Regulations Under Section 2056A Revised by IRS
The IRS published final regulations on July 10, 2026, revising the Qualified Domestic Trust rules under Section 2056A to eliminate outdated references and modernize filing procedures. CPA firms with clients who have noncitizen spouses in estate plans need to review open files now. Here is what changed, who it affects, and a short action checklist for this week.
Increase in Threshold for Requiring Information Reporting
On July 2, 2026, the IRS published a hearing notice for proposed regulations (REG-113229-25) that would raise the dollar thresholds triggering 1099 information reporting and backup withholding for trade or business payments. CPA firms serving self-employed clients, S-corps, partnerships, and nonprofits need to understand the operational implications now — before the public comment window closes.
Nonprofit Audit Preparation: How CPAs Streamline Form 990 and Compliance Reviews
Nonprofit audit preparation is one of the most document-intensive engagements a CPA firm handles — combining Form 990 accuracy, Uniform Guidance compliance, and board governance reviews into a single high-stakes workflow. This guide walks through the full nonprofit audit lifecycle and shows how AI-native practice management platforms auto-flag compliance gaps before the auditor even opens the file.
CAF Number for CPAs: What It Is, How to Get One, and Why It Matters
Your CAF number is more than a one-time IRS registration — it is the foundation of every client authorization your firm will ever file. This guide explains what the centralized authorization file number is, how to obtain it through Form 2848 and IRS e-services, and how growing CPA firms use AI-native practice management to track dozens of active POAs at scale without dropping a single IRS notice.
Offer in Compromise: How CPAs Negotiate IRS Debt Settlement for Clients
An Offer in Compromise is one of the most complex — and lucrative — engagements a CPA firm can take on. This guide breaks down the full OIC workflow from reasonable collection potential analysis to IRS correspondence tracking, and shows how AI-native tools eliminate the manual burden at every stage.
Returns Relating to Sales or Exchanges of Certain Partnership Interests: What CPAs Must Do Now
The IRS published final regulations on May 20, 2026 modifying information reporting obligations for sales or exchanges of certain partnership interests — specifically those holding inventory or unrealized receivables. CPA firms with partnership clients need to review engagement scope, update intake workflows, and flag affected returns before the next filing deadline.
Passive Activity Rules: What CPAs Must Know to Protect Client Deductions
IRC Section 469 passive activity rules are among the most commonly misapplied provisions in individual and business tax returns — especially for real estate investors, limited partners, and multi-entity business owners. This guide walks CPAs through the seven material participation tests, real estate professional status requirements, passive loss carryforward mechanics, and the AI-assisted validation workflows that catch costly errors before they reach the IRS.
Agentic AI for Accounting Firms: What It Means When AI Acts, Not Just Assists
Most accounting software automates what you tell it to do. Agentic AI is different — it observes context, makes decisions, and acts without a human triggering each step. This guide explains what agentic AI accounting means in plain CPA language and shows seven real-firm scenarios where autonomous AI agents replace the invisible admin work that consumes your practice.