#USA #New York #CPA.com #Blue J #Tax Research

CPA.com Partners with Blue J for Advanced Tax Research

In a significant move for the tax profession, CPA.com has officially announced its strategic partnership with Blue J, heralding a new era in tax research. By leveraging Blue J's innovative generative AI technology, the partnership aims to streamline research processes, enhance efficiency, and deliver invaluable insights for tax practitioners of all sizes across the United States.

The realm of tax research has never been more challenging. Tax professionals now routinely grapple with intricate regulations, the need for accuracy, and time-intensive processes. Recognizing this need, Blue J has developed a next-generation solution built for tax experts. It uses an extensive library of U.S. tax content and advanced machine learning models to provide firm practitioners with instant access to reliable tax answers, enabling them to produce high-quality communications for their clients quickly.

According to Benjamin Alarie, CEO of Blue J, this partnership marks a pivotal shift towards simplifying tax law for practitioners. He noted, “By combining our AI-driven solution with CPA.com's expertise, we are making accurate, efficient tax research more accessible than ever before.” This sentiment reflects the growing urgency among firms to harness technology in securing a competitive edge in the industry.

Erik Asgeirsson, president and CEO of CPA.com, echoes this sentiment, highlighting that generative AI possesses unparalleled potential to boost productivity and augment client service. He emphasizes how this technology is still in its infancy, with accounting professionals focusing on exploring viable applications while building trust in new solutions. By utilizing Blue J's robust tax research capabilities for compliance purposes, tax practitioners can free up much-needed time, ultimately allowing them to enhance their advisory roles and cultivate new growth opportunities.

The uptake of Blue J's capabilities has been commendable. Reports indicate that over 1,000 firms have already integrated this tool to bolster their tax research efforts. Usage statistics reflect an increasing trend, with Blue J addressing more than 100,000 research queries within a mere thirty-day frame by November 2024.

Michael Radtke, a partner at Chortek, a Wisconsin-based firm, expressed satisfaction with the transition from conventional research tools to Blue J. He remarked that adopting this solution has resulted in a more enriching experience for clients, particularly highlighting how essential it is for firms to stay attuned to technological advancements to improve client services.

In a similar vein, Leslie Hatridge, the sole owner of Hatridge Tax Accounting in Colorado, emphasized the high value she derived from adopting Blue J. For her, the tool acts like a supportive team, significantly reducing the time spent on research while enhancing the quality of output. “Research takes a lot of time, and I’m meticulous about accuracy; Blue J has filled that gap,