The Modern Tax Planner: Using AI to Model Tax Outcomes on Investment Activity

2 IRS CE/CTEC/NASBA CPE*

This 2-hour Federal Tax Program teaches tax professionals how to use artificial intelligence as a structured research, modeling, and review tool for investment-related tax issues. The Program focuses on capital gains and losses, holding periods, wash sales, basis reporting, tax-loss harvesting, qualified dividends, mutual fund and ETF distributions, digital assets, Net Investment Income Tax, and selected advanced investment transactions.

Participants will explore how AI can assist with organizing client data, identifying missing facts, building calculation frameworks, comparing planning scenarios, and preparing practitioner review checklists. The Program emphasizes practical tax application rather than ethics classification: participants learn how to structure AI prompts, evaluate AI-generated tax models, verify calculations, and identify areas that require professional judgment before using results in a client engagement.

The Program also addresses common AI modeling risks in investment tax practice, including incomplete basis records, broker-reported wash sale limitations, incorrect holding-period assumptions, NIIT threshold errors, digital asset reporting gaps, and unsupported AI conclusions. Participants will leave with a practical workflow for using AI to improve efficiency while maintaining accuracy, documentation, and practitioner control over final tax determinations.

"Our best deal is always to become a monthly subscriber"
https://www.taxpracticepro.com/join-now

*Self-Study recording available for IRS CE Credit only (NO CPE)

NASBA Field of Study: Taxes

IRS Program #: 7Q3WU-T-TBA
CTEC Course #: 6248-CE-TBA