Why firms are choosing CoCounsel as their AI tax assistant

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From managing regulatory change to keeping up with client demands, today’s tax and accounting professionals often find themselves buried under an avalanche of repetitive busy work. While routine tasks like data entry and document review are essential, they also eat up precious hours and can lead to burnout, leaving little time for what really matters: delivering strategic, high-impact guidance to clients. 

The good news? An AI assistant has emerged as a game-changer for accounting firms, offering relief from time-consuming, repetitive tasks and unlocking the door to more profitable and engaging client advisory services. Let’s take a look at how CoCounsel Tax is changing how firms move beyond compliance and toward a future built on insight, strategy, and true client impact. 

The problem: Tax professionals buried in busy work 

Whether it’s drafting technical memos, reviewing and organizing client files, formatting engagement letters, or compiling documentation to support filings, there is no doubt the essential responsibilities of the tax professional are repetitive and labor-intensive. Even the most seasoned accountants often find themselves buried in administrative work that offers little opportunity for high-level analysis or strategic planning. 

When tax professionals spend the majority of their time on mundane work, it limits the capacity to apply expertise in more meaningful ways—like advising clients, interpreting new legislation, or developing tax strategies. Over time, this imbalance can cause burnout, job dissatisfaction, and high turnover rates, especially during peak tax season. 

Not only does busy work hamper firm growth and profitability, but it also devalues the expertise that tax professionals have worked so hard to achieve. Without reimagining how routine work is managed with AI, firms risk leaving valuable advisory work on the table while falling behind in both employee engagement and client satisfaction. 

The solution: Agentic AI handles routine tasks 

Designed as an agentic AI assistant built specifically for tax and accounting workflows, CoCounsel Tax automates complex tasks, accelerates document analysis, and standardizes processes so you can engage in the more strategic and rewarding aspects of your work. 

Instead of manually researching tax issues and formatting memos from scratch, your team can prompt CoCounsel Tax to analyze the facts, apply relevant guidance, and generate a plain-language memo — complete with citations from trusted sources like the Internal Revenue Code, Checkpoint, and your firm’s internal documents. 

“Before CoCounsel, we were manually comparing residency and filing codes across 36 states. Each jurisdiction used to take us half a week to fully review—now it takes under an hour.” 
— Rich Marlatt, Chief Information Officer at Bliss 1041 

When reviewing client files, CoCounsel Tax identifies key information, flags inconsistencies or missing data, and organizes content for easy collaboration. 

Beyond automation, CoCounsel Tax delivers: 

• Trustworthy answers with clear explanations and citations from authoritative sources 
• Unified knowledge access by connecting internal policies, client files, and regulatory guidance in one searchable workspace 
• Improved client collaboration through smart summaries and intuitive document uploads—even for tech-resistant clients 
• High performance infrastructure designed for speed, reliability, and deadline-driven workflows 
• Cloud-native, secure platform that supports remote teams with ease 
• Scalability across roles, helping partners, managers, and associates work more efficiently and strategically

“CoCounsel was a lifesaver for us this year. We brought on more business than expected—and the only way we kept up was with CoCounsel. It took the most time-consuming part of our work—researching state requirements—and turned it into something we could trust and reuse.”
—Rich Marlatt, Chief Information Officer at Bliss 1041

With CoCounsel Tax, firms can streamline operations, reduce risk, and reclaim time for the work that truly drives value. 

The transformation: Tax professionals elevated to strategic advisors 

Strategic tax work involves proactively identifying risks and opportunities, aligning tax planning with long-term financial goals, and ensuring clients are well-prepared for regulatory changes. While AI excels at processing information, surfacing relevant guidance, and producing standardized outputs, it’s the judgment, nuance, and personal connection that tax professionals bring to the table that truly drives value. 

With more bandwidth to think critically and creatively, CoCounsel Tax helps professionals to focus on high-impact activities — like interpreting new legislation, developing custom tax strategies, and advising clients on complex financial decisions. 

“Analyzing a trust document used to take 3–4 hours, including memo writing. With CoCounsel Workspace, it now takes 10 or 15 minutes.” 
— Partner at a large firm 

But the transformation doesn’t stop at advisory. 

CoCounsel Tax redefines day-to-day operations across the firm by streamlining workflows, reducing manual re-entry and formatting, and minimizing the need to toggle between systems. Its reusable templates and explainable answers help junior staff ramp up quickly, reducing burnout and improving retention. 

Standardized outputs with embedded citations enhance accuracy and consistency, while its secure, cloud-native design supports hybrid teams with intuitive, remote access. Scalable across roles, CoCounsel Tax changes how partners, managers, and associates alike are able to work more efficiently and strategically. 

Enhanced collaboration and client engagement 

Strong collaboration is essential to delivering excellent tax service, but many firms face roadblocks when working with tech-resistant clients or managing information scattered across multiple formats and platforms. CoCounsel Tax helps bridge that gap by simplifying how professionals access and review client documents. 

With intuitive features like document uploads, smart summaries, and automated file analysis, tax professionals can efficiently extract relevant details without digging through disorganized records. This results in smoother communication with clients, faster turnaround times, and a more streamlined, transparent experience that builds trust and improves project management from start to finish. 

Centralized and trustworthy knowledge 

In a field as complex and ever-changing as tax, centralized access to accurate, up-to-date knowledge is critical. CoCounsel Tax integrates trusted sources such as Checkpoint, the Internal Revenue Code, firm templates, and historical workpapers to deliver answers that are not only fast but also grounded in verified guidance. 

“CoCounsel has ranked at the top for the firm. It’s designed for accountants—it speaks our language and offers the credibility that general-purpose AI tools lack.” 
— Individual Partner at a large firm 

This consolidation of reliable information significantly reduces the risk of errors, enhances the quality of tax deliverables, and empowers professionals to make well-informed decisions with confidence. 

By eliminating the guesswork and ensuring consistency across work products, CoCounsel Tax helps firms maintain the high standards their clients expect while navigating an increasingly intricate tax landscape. 

Are you ready to harness the power of an agentic AI tax assistant? 

By spending more time collaborating with clients, explaining the “why” behind tax strategies, and tailoring solutions to fit each unique situation, CoCounsel Tax enables accounting firms like yours to engage in the more strategic and rewarding aspects of the tax and accounting profession—ultimately enhancing both client service and firm growth. 

If you’re ready to transform your tax practice with an industry-specific AI tax assistant,and reclaim your strategic role, reach out for a demo of CoCounsel Tax today. 

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