Roundtable: Practice Excellence and Exchange Roundtables - PEERS

Live virtual idea exchange with guided discussion, breakout groups, and group sharing.

Topic of discussion: Utilization of AI in Your Tax Practice: Tools, Workflows & Security for Small Firms

Tax practices are entering a new era where artificial intelligence can streamline workflows, strengthen security, and reduce the administrative burden that drains time and energy from small firms. This PEERS session explores how AI tools—such as Copilot, Claude, and secure cloud platforms—can support tax practitioners with practical, real‑world applications that improve efficiency without compromising due care, §7219 compliance, or PII protection.

You’ll see how small firms are already using AI to extract data from client documents, draft categorizations, prepare monthly financial summaries, and support CAS advisory conversations. We’ll also examine the security safeguards necessary to adopt AI responsibly, including encrypted storage, MFA, audit trails, and human‑review workflows that keep practitioners firmly in control.

This session is designed for tax professionals who want to modernize their practice, reduce manual workload, and explore secure, realistic ways to incorporate AI into tax preparation, bookkeeping, and client advisory services. Participants will engage in guided discussion, share experiences, and walk away with actionable ideas they can implement immediately.