Artificial Intelligence Gets a Boost with Tax Reforms

The five new complications humans can’t handle alone.

By Rick Telberg
CPA Trendlines Research

The tax reforms of 2018 may mean a lot more than a radical drop in the corporate tax.

MORE:  Lessons for Accountants from Self-Driving Cars   |   How Artificial Intelligence Will Drive the Next Wave of Merger Mania   |   How Artificial Intelligence Feeds Accounting Marketing  |   Tax Pros Gain Slight Ground in E-Filings   |  Tax Pros Turning in Only 39% of E-Filings  |  Beware the EZ Way Out  |  IRS #FAILs at Online Services Spell Problems for Professionals  |  Can the IRS Improve Its Phone Service?  |  When Clients Face ‘Unreal’ IRS Audits  |  IRS Warns about Private Debt Collectors for Tax Season 2018

GoProCPA.comExclusively for PRO Members. Log in here or upgrade to PRO today

Because the reform reaches so far into and across transnational corporations, the power of artificial intelligence may leverage tax data into a driving force that pervades all aspects of operations—and not just at big companies.

The slashing of the corporate tax rate from 35 percent to 21 percent opens all sorts of options for corporations. Five, to be exact: