Tax Technology Corner

Overreliance on AI for Tax Advice: A Cautionary Perspective

With the increasing popularity of artificial intelligence (AI), many people use AI tools like ChatGPT for guidance. Some even use it for sensitive smatters, including taxation, without fully understanding the attendant risks related to security, accuracy, and legal protection. Are you using AI as a tax advisor or consultant? If… Read more »

Why Co-Sourcing Tax Technology Is Your Best Bet

In today’s complex regulatory landscape, tax departments are being pushed to do more with less time, fewer resources, and tighter budgets. As businesses scale and globalize, the demands placed on tax teams only intensify. Tax technology can be a critical tool for navigating these challenges, but implementing and managing it… Read more »

Automation in Action: Key Takeaways From the TEI Automation Competition

In February, tax professionals from across the country gathered in Seattle for the TEI Tax Technology Seminar—an event that trained a bold spotlight on automation in tax. Among the most dynamic sessions was the automation competition, where ten participating teams showcased real-world tax automation solutions built on modern platforms. The… Read more »

Zooming In on Tax Provision Software’s Biggest Benefit

It’s no secret that the annual income tax provision is the tax department’s most challenging calculation. It represents every dollar a company spends and earns over a year—and the toll that tax takes on all of it. The endless stream of computations, formulas, balances, spreadsheets, and headaches culminates in the… Read more »

AI in the Tax Department: Getting Tax a Seat at the Table

Artificial intelligence (AI) is reshaping business functions rapidly, yet many tax departments are still playing catch-up. Whereas marketing and sales teams often receive significant attention from organizations—with customer-driven analytics and automation—tax often remains an afterthought in broader AI discussions. It lacks the immediate, high-visibility impact of customer-facing applications, but its… Read more »

The Impact of AI in R&D Tax Credits

For the last several years we’ve heard that artificial intelligence (AI) is here and it’s changing the world. Yet look around—what’s changed? Sure, chatbots galore are ready to answer a question or two without your sitting on hold. And yes, dozens of tweets and LinkedIn posts are clearly penned by… Read more »

Optimizing Tax Through Structured Data Storage and Data Pipelines

In today’s fast-paced digital business environment, tax departments are under increased pressure to deliver accurate, timely, and compliant financial information. The complexity and the ever-evolving nature of tax regulations, coupled with the growing volume of data that organizations generate, present a significant challenge. Tax professionals must not only ensure compliance… Read more »

Optimizing Your Tax and IT Stack
Tax technology road maps should address stakeholder relationships, tax talent, and risk management

Tax leaders, tax technologists, chief financial officers (CFOs), and chief information officers (CIOs) often ask, How should we upgrade our tax technology? Our response may sound surprising, given that our company is in the business of selling tax software services, but here it is: You will always be in a… Read more »

Navigating Tax Risk in the Modern Era: Why Tax Technology Is Essential

In today’s ever-changing tax world, managing the organization’s tax risk is no easy feat. Demands for tax compliance and financial reporting are soaring in complexity, number, and scope. Tax teams face pressure to provide highly granular a as regulatory bodies like the Securities and Exchange Commission and the Internal Revenue… Read more »

Tax’s Role in Tech Transformation

As tax experiences its own transformation with technology, companies are implementing higher-level tech transformations. So where does tax fit into that greater evolution? Tax Executive’s senior editor, Michi Trota, sat down with Daren Campbell, tax technology and transformation leader at EY Americas, to answer that question and gain insights into… Read more »