The tax return has always been a bit of a ritual. Gather documents, plug numbers into software, chase down missing details, review, fix, repeat. It’s not glamorous, but it’s predictable. You know who’s doing the work and where things can...
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Subscribe25 MAR 2026 / TECHNOLOGY
Tax technology company TaxGPT has released an autonomous "Tax Prep Agent," a system that autonomously prepares individual tax returns by reading documents, logging the details into tax software, performing diagnostics, and preparing the entire tax return. The system promises up to a 90% reduction in tax preparation time, freeing up accountancy firms to focus on high-value advisory work, but also raises questions about the reliability of the process and responsibilities held by the CPA when automation is involved.
The tax return has always been a bit of a ritual. Gather documents, plug numbers into software, chase down missing details, review, fix, repeat. It’s not glamorous, but it’s predictable. You know who’s doing the work and where things can...
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