Tax, Audit and Accounting has always been a profession built on rigor and responsibility. But the reality of running a modern tax practice is that complexity keeps rising, timelines keep tightening, and client expectations keep evolving. Firms are being asked to do more, faster鈥攚ithout compromising quality.

Why this matters for firms

This recognition is not just about a new solution being introduced鈥攊t’s about what firms are prioritizing right now. Across the industry, leaders are focused on creating repeatable capacity鈥攏ot just surviving busy season, but building workflows that are reliable year-round. That means reducing friction in the return process, improving consistency across teams, and ensuring professionals have the time to apply judgment where it matters most.

That’s the lens I bring to . It’s designed to support the parts of the tax return process that can slow teams down, so professionals can stay focused on the work of humans: review, judgment, accountability, and advising clients with confidence.

Restoring time for professional judgment

There’s a lot of discussion about automation and the future of work. What I see in firms today is more practical: talented professionals spending too much time on repetitive steps, and not enough time on review, coaching, and client conversations.

The opportunity here is to shift time back to the professional鈥攕o firms can:

• Strengthen quality and consistency
• Improve responsiveness to clients
• And make the work more sustainable for teams

Honorable Mention: Ready to Advise

Accounting Today also gave an Honorable Mention to , which is aimed at supporting tax planning and advisory services.

That matters because once firms create more capacity, the next question is how to use it. Many firms are looking to grow advisory in a way that’s scalable and consistent 鈥� grounded in strong workflows and clear client outcomes.

Recognition like this is meaningful for us at 成人VR视频鈥攂ut it’s even more meaningful because it reflects progress our customers can feel. When firms can rely on their technology to create more capacity and consistency in the work, they can serve clients with greater confidence, support their teams through peak demand, and make the practice more sustainable. That’s the kind of win we’re focused on: one that strengthens firms and the professionals who power them.

This post was authored by Elizabeth Beastrom, President of Tax, Audit & Accounting Professionals at 成人VR视频.

Ready to Review听is our new cloud-based, agentic AI tax workflow solution built on听CoCounsel.听For tax year 2025, it听modernizes 1040听tax听return听preparation听and is designed to take on the heavy, repetitive work of gathering client documents and preparing returns鈥攕o tax professionals can focus on what drew many of us to this profession in the first place: problem solving, critical thinking, and delivering great counsel to clients.听

For too long, firms have been stuck in a pattern that everyone recognizes as unsustainable鈥攅ver more complex returns, tighter deadlines, and mounting pressure on teams already stretched thin. Busy season has become synonymous with burnout and staffing strain. AI alone听won鈥檛听fix that, but AI put to work in the right way鈥攖hrough agentic AI that is deeply embedded into tax workflows鈥攃an fundamentally change the equation.听

The goal is not to replace professional judgment, but to clear away the manual, time-consuming tasks that prevent professionals from using that judgment to its fullest. Ready to Review gives firms a single, cloud-based, scalable platform that automates the gather and tax prep stages of the听workflow鈥攈elping firms manage more individual returns with existing staff while听maintaining听quality and control.听

We鈥檙e听already seeing the impact. Indiana-based CLH CPAs & Consultants听participated听in our early adopter program and saw听the potential for听transformative time savings. As Bob Lange, Partner at CLH, told us:听鈥淩educing return preparation time by听approximately an听hour on each simple 1040 is significant in terms of efficiency gains. For firms like ours, these time savings will be a game changer.鈥�听

I鈥檝e听said before that I expect firms will听ultimately pair听each CPA with at least one virtual agent. Ready to Review is a tangible step in that direction. It brings that 1:1 vision closer to reality by embedding Gather and Tax Preparer AI agents directly into the 1040 workflow in a way听that鈥檚听responsible, auditable, and grounded in trusted 成人VR视频 tax content and compliance听expertise.听

As solutions like Ready to Review become part of the day-to-day fabric of tax work,听we鈥檒l听see fewer 80-hour听weeks听and more time spent on the nuanced, client-focused work that truly differentiates firms.听We鈥檒l听make room for new talent who are excited about a career that leans into analysis and advisory rather than pure grind.听听

Ready to Review is now generally available in the United States for 1040 use cases, and its launch marks an important milestone in our broader journey with agentic AI on the听 platform.听It鈥檚听one more way听we鈥檙e听helping firms modernize in a way that is practical, grounded, and built for the realities of tax season.听

This post was authored by听Elizabeth Beastrom,听President of Tax and Accounting Professionals at听成人VR视频.听

We know that AI is a gamechanger. But in the past year, agentic AI has further accelerated听what鈥檚听possible. Agents can handle the routine tasks that used to take听professionals听hours, days or even weeks to complete, freeing time for teams to focus on higher-value work.鈥�鈥�听

At 成人VR视频,听we鈥檙e听investing in this future 鈥� your future. Our focus is on solutions that automate routine tasks, empower teams to focus on strategic advisory, and help firms thrive amid the challenges the industry is facing.鈥�听

At听SYNERGY听2025,听we鈥檙e听proud to unveil our latest AI innovations:鈥�听

Ready to Review is leading the way in transforming tax preparation. This cloud-based, agentic AI workflow streamlines the entire process鈥攁utomating data extraction and verification so professionals can focus on review and advisory, not manual prep. Firms anticipate seeing significant time savings, especially during peak season, with accuracy and quality at the forefront.鈥�听

Audit Intelligence Test听is redefining how audit teams approach听evidence听matching and documentation. By automating the most tedious steps, this AI-powered Excel add-in enables auditors to quickly听validate听transactions and tackle complex scenarios, freeing up valuable hours and strengthening audit trails.鈥�听

CoCounsel听Document Analysis,听audit听and accounting professionals gain a powerful new tool for document review. Integrated with听CoCounsel听Audit, this solution combines agentic AI with a听dynamic, spreadsheet-native grid, making it easier than ever to extract key data, perform substantive testing, and generate workpapers with embedded citations. Early adopters report up to 70% reductions in setup and review time.鈥�听

These innovations听aren鈥檛听just about technology.听They鈥檙e听about enabling professionals to do more with what they have while delivering smarter insights for clients.鈥�鈥�听

At 成人VR视频,听we鈥檙e听committed to helping you lead through change. The next era of tax and accounting is being written today鈥攍et鈥檚听shape it together.鈥�听

Read more about 成人VR视频 Synergy 2025 Tax, Audit and Accounting announcements.

Another takeaway: two-thirds of respondents said their tax departments are reactive or chaotic in their approach to technology. This echoes what we heard from respondents in the 2024 Future of Professionals report about with their firms鈥� sluggish adoption of AI.听

Tax departments鈥� top challenges

In addition to exploring tax teams鈥� technology adoption rates, the report examined the biggest challenges they鈥檙e facing. Respondents ranked hiring and retaining talent as their top concern.听

Not surprisingly, tax professionals ranked compliance issues around three unrelated tax regulations 鈥� Pillar 2, the Global Minimum Tax, and Base Erosion and Profit Shifting (BEPS) 2.0 鈥� as their second, third and fourth greatest challenges.听

Also of note, 51% 鈥� up from 47% last year 鈥� said their internal tax department is under-resourced. This is noteworthy because companies with under-resourced tax teams are more vulnerable to audits and penalties.听听

The report showed that under-resourced departments had an average of $50,000 in penalties versus $20,000 for 鈥渁bout-right resourced鈥� departments. Also, those working in under-resourced departments felt behind their better-resourced peers in minimizing liability as well as avoiding incurring penalties and tax audits.听听

New technologies can make a positive impact听

On a positive note, about 50% expect their departments鈥� tech budget to increase, which may indicate companies鈥� willingness to modernize their tax functions. In addition, the report found that more tax departments within smaller businesses 鈥� those with under $50M in annual revenue 鈥� are spending a larger portion of their budget 鈥� 25% and up 鈥� on technology.听听听

These findings are encouraging because automating work processes can help improve efficiencies, which is a win-win: it helps tax departments address the talent crisis they鈥檙e facing while strengthening productivity. An added bonus is that this automation would enable tax professionals to spend more time on strategic and proactive tasks that could benefit the company. 鈥�听

The report showed that tax professionals, on average, spend 61% of their work time on tactical rather than strategic tasks, such as providing strategic advice or managing projects that add value to the company鈥檚 bottom line. New technologies and AI tools 鈥� such as Checkpoint Edge with CoCounsel, which allows users to conduct faster tax research 鈥� empower tax professionals to spend less time on reactive tasks and dedicate more time to proactive, forward-looking work.听

For more insights on how embracing new technologies enables tax departments to be more valued partners to the business, download the full report.听

This is a guest post from Ray Grove, head of Corporate Tax and Trade, 成人VR视频.听

The latest 成人VR视频-SAP collaboration expands on a series of solutions integrations to help multinationals better manage increasingly complex and evolving tax regulations. Below is an overview of how our integrations are helping multinationals comply and succeed.听

Streamlining ESG reporting compliance鈥�听

Integrating the 成人VR视频 ONESOURCE Statutory Reporting with the SAP Sustainability Control Tower empowers customers to efficiently manage environmental, social and governance (ESG) data by preparing, gathering, and filing ESG data seamlessly within a unified solution.鈥疧ur aim is to enable large businesses operating in, or connected to, the European Union (EU) comply with the new Corporate Sustainability Reporting Directive (CSRD), which is slated to begin in January 2025.听听

The CSRD mandates all businesses within its scope to report on sustainability indicators under the European Sustainability Reporting Standards (ESRS) framework.鈥疶he newest 成人VR视频-SAP integration is a major step forward in simplifying ESG reporting for global organizations and helping businesses achieve their sustainability goals.听

Building on our SAP partnership听听听

Th latest expansion of our partnership with SAP builds on earlier integrations, including leveraging SAP S/4HANA to help customers automate U.S. tax reporting. Integrating ONESOURCE Sales & Use Tax Compliance with SAP Document and Reporting Compliance for SAP S/4HANA helps multinationals automate and more easily file sales and use tax returns in the United States directly from SAP Document and Reporting Compliance 鈥� saving time and minimizing risk.听

That integration came just after鈥痶hree 成人VR视频 ONESOURCE were solutions certified as SAP Endorsed Apps:鈥�鈥痜or SAP S/4HANA and SAP ERP (US/CA),鈥�鈥痜or SAP S/4HANA Cloud, public edition, and鈥�鈥痜or SAP S/4HANA Cloud. These certifications give customers added confidence in having the right software in their tax tech stack to support their enterprises.听

In addition, ONESOURCE Indirect Tax achieved SAP Certification for integration with S/4HANA Cloud, private edition. This helps customers better use ONESOURCE Indirect Tax to perform accurate tax calculations and simplify technical requirements, while staying compliant with evolving tax regulations and reducing the need for custom coding and content.听

Meeting customers where they are听

All of these initiatives have allowed 成人VR视频 to deliver superior tax compliance solutions directly to customers where they are working 鈥� within their Enterprise Resource Planning (ERP) system. Our customers require integrated and compatible products and services within their technology stack, with solutions that work seamlessly across platforms and devices.听听

We鈥檙e committed to fostering an open ecosystem, providing customers with the tools and platforms to connect with their preferred solutions.鈥疷ltimately, this empowers our customers with better management of tax liability and planning and enables them to make real-time tax decisions with increased efficiency.听

It鈥檚 exciting to find new ways to help our customers work smarter, not harder. Our customers rely on us for best practices and industry-leading technology and it鈥檚 rewarding to help their businesses maximize compatibility, flexibility, speed, and global compliance.听听