1
AI Taxes? Brace for Errors and Privacy Nightmares
AI's doing your taxes now? Brace yourself. Turns out, it's not just number-crunching. It's error-prone and might spill your private info.
Are you ready for that kind of chaos?
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GM, !
This is AI Accounting Daily - your professional development disguised as procrastination.
Here's what we got today:
😬 AI's filing taxes now. It's also botching returns and leaking client data.
⚖️ Eightfold just got slapped with a class action. Your AI tools could be next.
🎓 Entry-level jobs are dying. Nobody knows who's gonna make partner in 10 years.
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I stopped being the W-9 police.
Half my job was chasing paper. Emailing vendors. Re-emailing vendors. Calling vendors who ignored my emails. "Hi, just following up on that W-9?"
I sent 47 messages a week asking for the same form. I felt like a collections agent, except the thing I was collecting was free.
That's not finance. That's unpaid admin work with a dress code.
I switched to Tax1099. Now the system sends the W-9 request.
Tracks who responded. Validates the TIN automatically. I stopped chasing. Nobody missed me.
Tax1099 handles the paperwork. I handle the work.
Latest in Accounting AI
2
AI Hiring Tools Under Fire...Who's Next?
Eightfold's AI just got slapped with a class action lawsuit. Job seekers claim they can't review the data AI scrapes about them. Is this the start of a legal avalanche for AI in hiring?
Who's next on the chopping block?
Read full story3
AI Might Kill Entry-Level Jobs...Who's Going to Lead?
AI might be wiping out entry-level jobs. Yep, those positions we all started in. So who's going to train the next generation of leaders? Big execs are losing sleep over this, and they're not sure if the solution is more tech or more humans.
Think your job's safe? Maybe not for long.
Read full storyDaily Poll
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AI Applications
1. ⚡ Browse AI automates web data collection so accounting firms track client updates, competitor pricing, or compliance changes without manual research or spreadsheet maintenance.
2. ⚡ SaneBox filters and prioritizes accountant inboxes automatically so firms stop missing client emails, reclaim hours daily, and maintain faster response times during deadlines.
3. ⚡ MeetGeek records, transcribes, and summarizes meetings, allowing accountants to track client discussions and action items accurately, improving client communication and follow-up efficiency.
4. 🤝 Durable builds or updates your firm’s online presence and client intake system so you capture more advisory leads, reduce setup overhead and expand your pipeline.
5. 📊 Jenesys deploys an AI accounting co-pilot that automates transaction coding and reconciliations so your firm reduces partner review time, mitigates errors and boosts client profitability.
6. 🤝 Distance centralizes client cloud app access and practice management tools to secure firm data, streamline document collection, and eliminate version-control chaos across workflows.
7. 📈 Anaplan uses machine learning to forecast demand, revenue, and expenses so your firm makes more accurate financial plans and supports advisory growth.
Updates in AI
1
OpenAI's AI Agents Dodge Bad Links—Here's How
OpenAI's AI agents are dodging bad links like ninjas. Yep, they’re doing it all by themselves. This could change how we handle AI's internet adventures.
What magic are they using?
Read full story2
Anthropic's Cowork Gets Supercharged with DIY Plugins
Anthropic just threw a curveball—DIY plugins for Cowork. Yep, you can now customize AI tools yourself. Think about the possibilities (or chaos). Ready to roll up your sleeves and dive in?
Read full story3
OpenAI Retires GPT-4o Again. For Real This Time?
OpenAI is playing the retirement game with GPT-4o again. Yep, the same model they keep shelving and then bringing back. But this time, they swear it's for real.
Can we actually believe them?
Read full storyToday's Spotlight
Our Curated Collection of AI-powered Tools
Prompt of the Day
Draft Pricing Models and Service Tiers
**Role:**
You are a professional in an accounting firm creating resources, checklists, or scripts to streamline internal operations or client communication.
**Action:**
Write or generate a resource related to **Draft Pricing Models and Service Tiers** using clear, professional, and concise formatting.
**Context:**
- Audience: small accounting firm teams or clients
- Goal: improve consistency, clarity, and professionalism
- Tone: confident, professional, and approachable
- Style: markdown format with bullet points, numbered lists, and headings
- Output Length: 200–400 words