Will AI Replace Tax Practitioners?

Abstract

In the era of artificial intelligence (AI), the question arises: will AI sideline tax practitioners? This essay explores the intersection of AI and tax professionals, examining the potential impact on their roles. While AI can streamline core tasks, tax practitioners offer unique value in negotiation, empathy, ethics, and complex reasoning. However, reliance on AI raises concerns about bias, privacy, and tax planning integrity. We describe a future where tax practitioners use AI to enhance their services, surpassing those who resist it. We explore how AI may reshape the tax profession, emphasizing human-machine collaboration that elevates standards of professional practice.

Keywords: tax practice, legal singularity, tax, AI, artificial intelligence

JEL Classification: H0