Research credits
The current state of the research tax credit.
AI aids accountants
KPMG's Global Tax Technology Leader Brad Brown discusses the firm's use of leveraging IBM Watson to provide companies with a fast and efficient way of identifying potential R&D expenses that may qualify for federal tax credits.
Video transcript
VO: AI is aiding accountants. An army of KPMG tax professionals has trained IBM’s Watson to help clients identify R&D expenses that qualify for federal tax credits.
Brad Brown soundbite: Leveraging Watson is letting us find the most comprehensive documentation to support the tax credit.
VO: And engineers at client companies are spending less time talking about tax credits and more time working on R&D.
Brad Brown soundbite: It’s really disrupting ourselves. We can do it faster and better by augmenting the tax professional, not replacing the professional.
Created in partnership with Bloomberg Media Group.
