AI in Tax planning and filing returns
Blue J tax an AI tool for tax,research analysis and planning that aids in analysing legislation and litigation to predict Tax outcomes both with speed and accuracy. Professional in more than 250 firms have partnered with Blue J Tax. Deloitte, KPMG and other big firms are in the client list of Blue J Tax.
Artificial intelligence has the potential to streamline tax process, making it more efficient and accurate than ever with AI power tools. Tax professional can expect faster data processing, automate data entry and smart suggestion to maximise the deduction.
Tax professionals need to focus on strategic tax planning and providing valuable insights to clients. This human touch and personalised advice will remain crucial. AI could possibly be a threat so tax professional should be adaptable and willing to embrace the changes to remain competitive in the market.
It is said the future has arrived—It’s just not evenly distributed yet.