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New Bill Would Slap Labels on AI

Sunday, December 7, 2025

AI Accounting Daily
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Welcome back to AI Accounting Daily.
Congress wants simple labels on AI tools for small firms, and vendors feel nervous. We look at how that label could flip your next software review. Excel still holds the finance crown while shiny AI tools circle the throne. And clients now test your advice against chatbots, yet hate their cold plans.

Latest in Accounting AI

1

Congress Pushes AI Labels For Small Firms

Lawmakers want AI models to carry simple labels. The READ AI bill tells NIST to craft documentation that explains training data and model design. For firms buying AI for audit or client portals, that label could simplify vendor review.
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2

Excel Defies AI Tools And Still Runs Finance

Excel still anchors Microsoft’s multitrillion-dollar business, even as newer AI platforms grab headlines. Bloomberg shows how the grid, formulas, and add-ins keep firms locked in for modeling. Even Microsoft’s own Copilot tends to wrap around existing Excel files, not replace them.
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3

GenAI Money Advice Ignores Client Needs

Clients already sanity-check human advisors against ChatGPT and Gemini on budgeting, investing, and tax questions. Intuit Credit Karma reports 66% of GenAI users seek money tips, including 82% of younger adults. That puts accountants in a new role, translating cold outputs into plans clients can stomach.
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AI Applications

1. 📋 Tax 1099 automates 1099 filings and e-signatures so accounting firms reduce compliance risk, eliminate manual errors, and free capacity for high-value advisory services.

2. ⚡ Notis automates meeting notes and task summaries so accounting firms capture key client discussions, reduce follow-up time, and keep engagement records accurate across the team.

3. 🤝 CloudTalk manages call‑centre and client phone workflows so your firm centralises communications, reduces missed calls and delivers responsive client service across borders.

4. 🤝 Karbon uses AI to summarize email threads, draft replies and create client‑work summaries so your firm streamlines communication, reduces admin pain, and focuses on advisory.

5. 🤝 Predis.ai automates your client-review and referral-campaign content so your firm builds a predictable pipeline, gets more leads and reduces reliance on referrals.

6. ✨ Logome.ai generates modern, professional logos instantly so accountants launch consistent brand visuals for proposals, portals, and presentations without design costs.

Updates in AI

1

Anthropic Philosopher Shares Steps For Better Prompts

Anthropic's philosopher says prompts should read like work instructions, not riddles. Amanda Askell works on Anthropic's technical team. She finds chatbots improve when you spell out role, goal, and audience. As firms test AI on tax prep and reporting, prompt craft now rivals model choice.
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2

Senate Bill Targets Hard Data On AI Jobs

Senators from both parties want real data on how AI is reshaping jobs. The AI Workforce PREPARE Act would create a research hub and nationwide AI workforce impact studies. Findings will shape training dollars and signal which finance and accounting roles face the sharpest shifts.
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3

ChatGPT Loses Ground As Gemini Climbs

ChatGPT is still the default chatbot, but its lead is slipping. The Washington Post tracks slowing app growth as Google Gemini gains share. For finance and audit leaders, low switching costs turn AI vendor risk into a constant negotiation.
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Prompt Ideas

Write Scripts for Tax-Saving Strategy Calls

**Role:** You are a **tax advisor** who runs strategy calls to identify and explain tax-saving opportunities for clients. **Action:** Write a **script** for a **tax-saving strategy call** with **[INSERT CLIENT TYPE]** covering **[INSERT TAX STRATEGY AREA]**. **Context:** - Audience: clients or prospects exploring advanced tax strategies - Goal: guide the conversation, uncover opportunities, and position your firm as a trusted expert - Tone: consultative, confident, and educational - Style: conversational script with short dialogue and open-ended questions - Variables: - **Client Type:** [S-Corp Owner / Real Estate Investor / Freelancer] - **Tax Strategy Area:** [Deductions / Entity Setup / Retirement Contributions] - **Call Length:** [30–45 minutes] - Structure: 1. Opening and rapport-building 2. Discovery questions 3. Key tax-saving strategies explained 4. Estimated impact or benefit 5. Close with next steps or proposal - Output Length: **300–500 words**

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