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Can Thomson Reuters’ Agentic AI Save 240 Hours on 1040s?
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Subscribe17 JUL 2025 / TECHNOLOGY
Thomson Reuters has launched two AI-powered tools, Ready to Advise and Ready to Review, designed to streamline tax preparation and boost advisory services, potentially saving tax professionals up to 240 hours annually by automating routine tasks. This comes after Thomson Reuters' significant AI investments, including the acquisition of agentic AI firm Materia, and underscores an industry-wide trend toward adopting AI solutions in accounting practices, aiming to increase efficiency and free up human resources for strategic tasks.
Tired of slogging through 1040s every spring? The standard individual income tax return form, Form 1040, is one of the most time-consuming yet routine tasks for tax professionals, especially during Tax season. Thomson Reuters is turning that pain point in...
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