
Sign up to save your podcasts
Or


Two accounting firms on the same street. One used specialized AI (like TaxFlow AI) to review 10,000 transactions in minutes, increasing revenue by 300%. The other used generic ChatGPT and hallucinated a fake tax credit that doesn't exist. They filed hundreds of returns claiming a "$2,500 Remote Work Energy Independence Subsidy" that the IRS has not recognized. The result? Class-action lawsuits from their own clients and the potential loss of their professional license. Learn the "Domain Specificity Rule" to know when AI is safe and when it's a landmine.
YOU'LL LEARN:
EPISODE RESOURCES:
#TaxStrategy #Accounting #AIRisks #Compliance #ProfessionalServices #AlKushner #WednesdayWinsAndWarnings
By Al KushnerTwo accounting firms on the same street. One used specialized AI (like TaxFlow AI) to review 10,000 transactions in minutes, increasing revenue by 300%. The other used generic ChatGPT and hallucinated a fake tax credit that doesn't exist. They filed hundreds of returns claiming a "$2,500 Remote Work Energy Independence Subsidy" that the IRS has not recognized. The result? Class-action lawsuits from their own clients and the potential loss of their professional license. Learn the "Domain Specificity Rule" to know when AI is safe and when it's a landmine.
YOU'LL LEARN:
EPISODE RESOURCES:
#TaxStrategy #Accounting #AIRisks #Compliance #ProfessionalServices #AlKushner #WednesdayWinsAndWarnings