What's Hot

    Sam Altman ChatGPT AI Predicts Shock XRP Price By End of 2026 | Invesloan.com

    May 18, 2026

    Top 10 small‑cap worth picks: lowest ahead P/Es and robust profitability | Invesloan.com

    May 18, 2026

    KPMG Is Testing a New AI-Powered Tax Simulation Tool | Invesloan.com

    May 18, 2026
    Facebook Twitter Instagram
    Finance Pro
    Facebook Twitter Instagram
    invesloan.cominvesloan.com
    Subscribe for Alerts
    • Home
    • News
    • Politics
    • Money
    • Personal Finance
    • Business
    • Economy
    • Investing
    • Markets
      • Stocks
      • Futures & Commodities
      • Crypto
      • Forex
    • Technology
    invesloan.cominvesloan.com
    Home » KPMG Is Testing a New AI-Powered Tax Simulation Tool | Invesloan.com
    Money

    KPMG Is Testing a New AI-Powered Tax Simulation Tool | Invesloan.com

    May 18, 2026Updated:May 18, 2026
    Share
    Facebook Twitter LinkedIn Pinterest Email

    At KPMG US, workers might no longer need years of hands-on, repetitive work to get good at tax prep.

    The company is testing an AI-powered simulation tool designed to help employees build the skills they once gained through years of pencil pushing.

    The goal is to allow junior staffers, in particular, to learn the ins and outs of tax prep as AI begins to take over tasks, said Brad Brown, the company’s chief digital officer for tax.

    “You’re not going to get as many repetitions of doing that task as you would have in the past,” he said. “So we needed something to fill that void.”

    Before the AI era, Brown said, an early-career tax professional at the company typically spent about four years preparing returns for clients, one after another. The repetition built judgment.

    As staffers gained experience, they could become more like advisors, offering guidance on the interplay between business decisions, regulations, and tax consequences, he said.

    The software tool, called TaxSIM, is designed to help workers develop skills “much more rapidly” through high-volume, high-speed simulation, without having to prepare as many returns from scratch, Brown said.

    The software will be available to the company’s 10,000 tax staffers later in the year.

    KPMG’s approach is an attempt to solve a problem that’s hanging over large swaths of white-collar work: What happens when AI takes over the rote tasks that help people develop their skills?

    The idea behind the AI training is similar to how the game “Gran Turismo” simulates zipping around a Formula 1 course, said Kes Sampanthar, cofounder and CEO of Centaurian AI, which developed the tool with KPMG.

    “It’s like the top athlete who gets better and better if they can get the right feedback,” he said.

    ‘Incredible acceleration’

    Instead of waiting perhaps years to encounter different client situations, tax workers at the Big Four firm will be able to cycle through simulated scenarios. The tool presents different results based on users’ decision-making.

    “That just gives us incredible acceleration to create those skills,” Brown said.

    He said that while some early-career workers are expressing concern about how they’ll build their skills as AI takes on more work, the need to continually learn “cuts across every rung of the ladder.”

    More experienced workers who use the tool can dig into broad concepts, including changing economic conditions, such as how tariffs ripple through organizations and countries, said Sampanthar, who’s also a KPMG alum.

    “These are things you normally don’t get feedback on,” he said.

    Sampanthar said that, for any user, the system is designed to prompt them to work through their own reasoning before turning to AI for help. Some simulations can’t be done with AI alone.

    “Learning happens when things are hard, not when things are easy,” he said.

    Helping junior workers move up

    Brown said he expects the tool to accelerate the development of workers’ analytical skills, helping some employees move up more quickly.

    In some cases, that might entail managing a team of AI agents and less time spent “working these tasks yourself through the midnight hour,” Brown said.

    Ultimately, he said, it’s a reminder that workers who can use AI alongside their judgment and analytic skills will be most successful.

    That doesn’t mean AI simulations will replace every task, Brown said.

    A first-year tax analyst recently told him about wanting to build their first valuation model by hand before learning through simulation.

    The person’s thinking, Brown said, was, “It’s OK to do one or two, but I don’t need to do four years of these to get to that level of skill.”

    Do you have a story to share about your career? Contact this reporter at [email protected].

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Keep Reading

    OpenAI Is Hiring to Manage Backlash Against Stargate Data Centers | Invesloan.com

    Pizza Hut Faces Lawsuit From Franchisee Over AI System | Invesloan.com

    Ukraine Used 3 Types of Local Drones to Pierce Moscow’s Air Defenses | Invesloan.com

    Mike Tyson Shares the Advice That Shaped His Champion Mindset | Invesloan.com

    AI Founder Shares the Advice Jensen Huang Gave Him on a Midnight Call | Invesloan.com

    I Started a Publishing Business Outside My Day Job | Invesloan.com

    They Left America for a Job Abroad, Then Retired Happily in Thailand | Invesloan.com

    Citadel’s Ken Griffin Says AI Is Now ‘Real’ After Years of Skepticism | Invesloan.com

    A Trip to India Changed How I Parent My Toddler | Invesloan.com

    LATEST NEWS

    Sam Altman ChatGPT AI Predicts Shock XRP Price By End of 2026 | Invesloan.com

    May 18, 2026

    Top 10 small‑cap worth picks: lowest ahead P/Es and robust profitability | Invesloan.com

    May 18, 2026

    KPMG Is Testing a New AI-Powered Tax Simulation Tool | Invesloan.com

    May 18, 2026

    Hyperliquid The Only Green Coin: Maxi Doge Follows With Full Leverage Trading | Invesloan.com

    May 18, 2026
    POPULAR

    China’s first passenger jet completes maiden commercial flight

    May 28, 2023

    Numbers taking US accountancy exams drop to lowest level in 17 years

    May 29, 2023

    Toyota chair faces removal vote over governance issues

    May 29, 2023
    Advertisement
    Load WordPress Sites in as fast as 37ms!
    Facebook Twitter Pinterest WhatsApp Instagram
    © 2007-2023 Invesloan.com All Rights Reserved.
    • Privacy
    • Terms
    • Press Release
    • Advertise
    • Contact

    Type above and press Enter to search. Press Esc to cancel.

    invesloan.com
    Manage Cookie Consent
    To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}