Episode Player

AI is already changing tax and accounting firms, but not in the simplistic way the headlines suggest.

On one side, the hype machine says AI will replace accountants, eliminate compliance, and automate the profession overnight. On the other side, some professionals are still acting like nothing meaningful is going to change.

The truth is more practical and more important.

AI is beginning to remove real production drag from tax and accounting firms. 

Document review. Client follow-up. Meeting notes. First drafts. Research support. Workflow reminders. Repetitive explanations. Client education. Internal training.

That creates a bigger question for firm owners:

If AI gives your firm 10%, 20%, or even 30% of its time back, what will you do with it?

In this episode of The Growth Minded Accountant, Lee Reams and Rebekah Barton have a more mature conversation about the future of tax and accounting. They cut through the extremes, challenge the idea that every firm must become a fractional CFO practice, and explain why the real opportunity for many firms may be practical advisory, or what we call soft advisory.

Soft advisory is the advice that already lives inside compliance work.

Entity reviews. Tax planning conversations. Student loan planning. Retirement questions. Social Security planning. Bookkeeping issues. Payroll problems. Cash flow concerns. Business transitions. IRS notices. Life events. Client decisions that have financial, tax, or operational consequences.

Many firms are already giving this advice, but they are often doing it inconsistently, reactively, or without billing for the value being delivered.

Lee and Rebekah discuss how AI can help firms surface these opportunities earlier, prepare client conversations faster, and create a better system for delivering advisory value without forcing every accountant into a CFO advisory model.

They also address the biggest strategic issue for firms in the AI era: protecting the moat.

The relationship is still the moat, but only if firms actively use it. If clients only hear from their accountant once a year, that relationship may not be as strong as the firm thinks. AI will make generic compliance work easier to compare, easier to shop, and easier to replace.

The future-ready firm will use AI differently.

It will automate the drag, then reinvest the time into communication, planning, education, client experience, and proactive advice.

The real AI opportunity is not replacing the accountant.

It is helping firms become the advisor clients thought they already had.

Ready to See How Future-Ready Your Firm Is?

The future of accounting is not just about automation.

It is about what your firm does with the capacity automation gives back.

If you want to understand where your firm may be losing time, where advisory opportunities may be hiding, and how your digital presence, client experience, and technology stack compare to where the profession is headed, start with a free Future-Ready Firm Assessment from CountingWorks PRO.

We’ll show you what’s working, what may be holding you back, and what practical steps can help your firm become more proactive, more visible, and more valuable to clients.

Start your free assessment:
https://www.countingworkspro.com/start