Agentic AI Set to Transform Tax Tools, Professional Workflows by 2026, Report Finds

Agentic AI Set to Transform Tax Tools, Professional Workflows by 2026, Report Finds
—————————————–
Advancements in artificial intelligence are rapidly reshaping tax and accounting tools, with “agentic AI” expected to play a central role in professional workflows by 2026, according to analysis from Thomson Reuters.

The report highlights a shift from traditional generative AI, which produces content, to agentic AI systems capable of independently executing complex, multi-step tasks such as document analysis, compliance checks, and workflow automation.

While adoption remains in early stages—only about 15% of organizations currently use agentic AI—more than half are actively exploring or planning its implementation, signaling rapid growth ahead.

The study notes that AI is already becoming embedded in tax and legal work, with nearly half of organizations using generative AI tools and many professionals relying on them weekly for research, drafting, and data analysis.

Agentic AI is expected to significantly increase efficiency and reduce manual coordination, allowing professionals to focus on higher-value tasks such as advisory services and risk assessment. However, experts caution that widespread adoption will require restructuring workflows and redefining business models, as well as addressing challenges related to oversight, accountability, and return on investment.

Despite optimism about AI’s potential, the report highlights ongoing uncertainty, noting that only a small share of organizations currently measure the business impact of AI tools, reflecting a gap between technological adoption and clear performance outcomes.