If the IRS doesn’t issue comprehensive federal guidance on artificial intelligence use in tax preparation, a patchwork of conflicting state rules will undermine business compliance and CPA professionalism.
Accounting software companies are promoting AI-powered tools to taxpayers while sidestepping responsibility for errors and passing liability to clients. Last month, I sent a letter to Treasury Secretary and IRS Acting Commissioner Scott Bessent calli… [5311 chars]
Source: Bloomberg Tax News | Published: 2026-03-17T08:30:12Z
Credit: Bloomberg Tax News
