Karbon Unveils AI Tax Workflows & Practice Intelligence Vision
Karbon, a global leader in accounting practice management software, has unveiled a series of groundbreaking updates designed to redefine modern accounting operations. Announced during Karbon Next, a global customer event, the updates include end-to-end tax workflow automation and the company’s long-term strategy for AI-driven firm orchestration, dubbed Practice Intelligence.
With the accounting industry grappling with a shrinking workforce, accelerating M&A, and rising modernization demands, Karbon’s innovations come at a critical time.
1. Karbon’s New Tax Workflow Automation: Redefining the Tax Season
What It Solves
- Traditional tax workflows are fragmented, labor-intensive, and chaotic.
- Extension management, return reviews, and client coordination are inefficient.
Key New Features
- Integrated Client Organizers
- Partnership with StanfordTax enables streamlined client intake and embedded workpaper management.
- Progress Reports
- Real-time visibility across the tax lifecycle for partners, teams, and clients.
- FIFO Workflow Queues
- Organize tasks by First-In-First-Out logic to prioritize the most urgent client work.
- Automated Extension Management
- Track and manage extensions within Karbon to avoid missed deadlines.
- Tax Tech Stack Integrations
- Seamlessly integrate with Intuit ProConnect, TaxPlan IQ, TallyFor, and TaxNow for a unified digital tax ecosystem.
“We’re solving the chaos of tax season by offering intelligent, scalable workflows,” said Sara Goepel, Chief Product Officer at Karbon.
2. Practice Intelligence: Karbon’s Bold Vision for AI-Driven Firm Strategy
What Is Practice Intelligence?
Karbon’s new concept of Practice Intelligence extends beyond practice management. It is a vision for an AI-powered platform that:
- Orchestrates firm-wide operations
- Connects data, people, and processes
- Predicts the next best actions using AI and automation
Why It Matters Now
- Nearly 75% of AICPA members are nearing retirement
- Firms are under pressure to scale operations without scaling headcount
- Automation is no longer optional—it’s critical
CEO Mary Delaney on Practice Intelligence
“Firms deserve more than a digital filing cabinet—they need a smart, connected command center for their entire business.”
3. Platform Roadmap: Future AI Features Previewed at Karbon Next
Coming Soon for All Karbon Users
- Agentic AI Workflow Execution
- AI agents embedded in task lists to execute actions, fetch data, and update statuses automatically.
- AI-Based Pricing Recommendations
- Intelligent pricing suggestions for proposals based on past firm data and engagement success.
- Enhanced Collaboration Tools
- Shared inbox triage delegation
- Meeting transcripts auto-summarized with AI
- Advanced Workflow Integrations
- Activities in third-party apps will trigger work updates in Karbon, eliminating the need to switch tools or update statuses manually.
4. Strategic Vision: Building a Modern Accounting Infrastructure
Karbon’s updates represent a shift from operational tools to a strategic firm-wide platform that:
- Adapts to a complex workforce and evolving client expectations
- Bridges human talent with machine efficiency
- Reinforces its long-term position as the leading software partner for advisory, tax, and compliance firms
“We’re not just giving firms tools—we’re building their future infrastructure,” said Goepel.
Karbon’s latest release underscores its commitment to helping accounting firms thrive in a time of unprecedented change. By embedding automation, AI, and strategic intelligence directly into daily workflows, Karbon isn’t just streamlining tax season—it’s elevating the entire profession.
Whether it’s through intelligent tax queues, embedded client intake, or predictive AI agents, Karbon is leading the charge toward smarter, faster, and more scalable accounting operations.
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