TASKS AI CAN TAKE OVER
- ◆Standard W-2 returns
- ◆Automated deduction identification
- ◆Prior year comparison
- ◆Form population and filing
- ◆Basic schedule preparation
TASKS THAT PROTECT THIS ROLE
- ◆Complex multi-state tax planning
- ◆Business entity restructuring advice
- ◆Audit defense and representation
- ◆Estate and trust tax strategy
- ◆Real-time client advisory for life events
RESEARCH INSIGHT
Software like TurboTax, combined with LLMs, now handles 62% of tax preparation tasks automatically. The profession is consolidating toward complex advisory work.
BLS EMPLOYMENT OUTLOOK
Employment declining -5% as consumer tax software matures and absorbs simple returns.
DISPLACEMENT EVIDENCE
H&R Block reports 40% of consumer clients now file independently using AI-assisted tools. Remaining preparer work skews toward SMB and high-net-worth clients.