
Bloomberg Tax AI brings generative AI capabilities to one of the most established research tools in the industry. It allows practitioners to ask natural-language questions, summarize complex guidance, and surface relevant rulings faster. Firms that rely on Bloomberg for research can use its AI assistant to save time on analysis while maintaining authoritative accuracy and citations.
Tax professionals express mixed feelings about Bloomberg Tax. Many appreciate its extensive resources and powerful data aggregation tools, with some considering it superior to competitors. However, concerns about high subscription costs, ranging from $1,500 to $30,000, are prevalent, particularly for small business practitioners. Additionally, some users find it lacking in state tax research compared to other platforms. Overall, while it has valuable features, pricing and specific functionali...
Below is an excerpt from the the amazing article on Bloomberg today pointing to the issues with the Accounting profession today. ​ # The Accountant Shortage Threatens Capitalism's Future [https://www.bloomberg.com/opinion/articles/2022-11-01/the-accountant-shortage-threatens-capitalism-s-future](https://www.bloomberg.com/opinion/articles/2022-11-01/the-accountant-shortage-threatens-capitalism-s-future) ​ "Capitalism can’t function without a healthy system of accounting
View on Reddit →I started a trial and it has a ton of info, more than I'll ever need, but there are also some powerful tools that aggregate data. The coronavirus has brought to light how many different resources I currently use to look up or validate information. Does anyone else find Bloomberg Tax useful on a day to day basis? Any idea how much it costs?
View on Reddit →What websites do you use to get your tax news? Are subscriptions to Bloomberg Tax or Taxnotes overkill for the small business practitioner? Bloomberg Tax cheapest subscription is \~$1,500 however they go up to $30k (from what the rep told me) Taxnotes cheapest is tax practice expert at $500 however their tax notes today is $2,500 CCH AnswerConnect is another however I couldn't find pricing Has anyone personally used these tax subscriptions? Can you search tax materials like CCH Intel
View on Reddit →AMA with Bloomberg Tax contributor Tax Girl on r/iAmA about taxes and tax season!
View on Reddit →Bloomberg Tax is my favorite tax research platform, the portfolios are great and it has so many added resources from checklists to email and election statement templates. My firm just switched back to checkpoint and I miss Bloomberg every day.
View on Reddit →https://news.bloombergtax.com/daily-tax-report/irs-to-reduce-staff-by-50-at-return-processing-centers-amid-virus >The IRS is taking several new steps to address employees’ concerns about the coronavirus outbreak, including eliminating in-person visits at taxpayer assistance centers and slashing staffing numbers at return processing centers in half, according to an internal email obtained by Bloomberg Tax... >This includes ending walk-in and in-person appointments with taxpayers at the IR
View on Reddit →My last firm subscribed to CCH Intelliconnect which was my favorite resource for state tax research & especially creating smart charts. I think it is now called CCH Cheetah. My current firm subscribes to Bloomberg Tax which is inferior IMO for state research. I'm considering enrolling in a cheap online college course just to gain access to CCH via the library's subscription. Has anyone tried this strategy & can you suggest where to enroll. TYIA!
View on Reddit →The V-bucks saga for the statement 1 question took a turn yesterday when the Chief Counsel refused to say you didn't have to say "yes" to the question if you had game based currency, but still the old website was misleading--and then it was clear he figured he had said too much. Well, the IRS released a statement today, reported by Bloomberg Tax reporter who first noticed the website revision. I believe the agency hopes this the last word. Here is the link to the Twitter post where she put t
View on Reddit →Are there any recommendations on where to publish articles? I am a senior accounting student and want to write some accounting-related articles to practice my writing skills and also maybe find a community where people have same interests in discussing accounting/tax related topics. The articles are not so deep as I don't have so many experience and are based on researching professional resources. Hope to find platforms such as Bloomberg Tax Insight but definitely not that professional. Best to
View on Reddit →AMA with Bloomberg Tax contributor Tax Girl on r/iAmA about taxes and tax season!
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