The intersection of Artificial Intelligence and Tax Law has become a focal point for discussion and exploration. At the upcoming event, Taxation of Financial Instruments Conference, Sideman & Bancroft tax attorney, Travis Thompson, will be lending his expertise to the dialogue.
The conference, presented by the Foundation for Accounting Education, an affiliate of The New York State Society of CPAs (NYSSCPA) , will delve into the latest developments surrounding Artificial Intelligence and its impact on taxes. Attendees will gain insights into crucial topics such as contesting IRS penalties, wash sales, 475 MTM election, taxation in inbound debt instruments, and more with a particular focus on federal, international, state, and local taxes.
Thompson will be a featured speaker on the panel that addresses a pressing question: Will Artificial Intelligence Take Over Tax Practice? Scheduled for 1:15 PM, this session is set to unravel the power of generative AI technology and its potential impact on the world of taxes.
Thompson’s panel will navigate through the nuances of generative AI technology, exploring its potential impact on the realm of taxes. Delving into the ethical considerations of its use in tax practice, the session will also address concerns surrounding AI’s potential to reshape the landscape for tax practitioners. From its use in tax administration to the evolving role of tax professionals, the discussion promises to be enlightening and thought-provoking.
This conference is a must-attend for tax professionals and attorneys practicing in international, investment tax, research, and IRS controversy. With topics ranging from blockchain property to stock and debt instruments, and discussions on partnership IRS audits and contesting IRS penalties, it offers a rich learning experience for those looking to stay ahead in the ever-changing tax landscape.
The conference will take place on January 9th, 2024 from 8:00 AM to 5:00 PM at The Conference Center (UJA Federation of NY) 130 E 59th Street New York, NY 10022.
For more information and to register for the conference, visit this link,