lang icon En
Nov. 6, 2025, 5:24 a.m.
4537

Thomson Reuters Launches Agentic AI Solutions for Tax, Audit, Legal, and Compliance Professionals

Brief news summary

Thomson Reuters has introduced advanced AI solutions to enhance efficiency and transform workflows in Tax, Audit, Legal, and Compliance sectors. Key innovations include ONESOURCE+, an AI-powered Intelligent Compliance Network that integrates tax, trade, legal, and risk management to reduce risks and promote growth. The Sales and Use Tax AI automates filings, cutting preparation time by up to 60%, while Global Classification AI improves product classification with detailed, audit-ready documentation. The CoCounsel suite offers “Ready to Review” for automating U.S. 1040 tax returns and is developing a Document Analysis tool to support audits with accounting standards. CoCounsel Legal’s beta enables bulk document reviews, customizable workflows via Westlaw and Practical Law, and collaborative legal team planning, accelerating processes without compromising accuracy. By merging advanced AI reasoning with trusted content, these tools deliver significant time savings, greater precision, and reduced risk. Thomson Reuters will showcase these innovations at the SYNERGY 2025 Conference and provide updates on their Innovation Blog.

Thomson Reuters (TSX/Nasdaq: TRI), a global content and technology leader, announced on November 5, 2025, the launch of new agentic AI solutions designed for professionals in Tax, Audit, Legal, and Compliance fields. Central to this expansion is ONESOURCE+, an intelligent compliance network that integrates tax, trade, legal, and risk solutions to enhance efficiency, reduce risk, and stimulate growth. ONESOURCE+ features AI innovations such as Sales and Use Tax AI, which automates filings across thousands of jurisdictions cutting preparation time by 40-60% while minimizing audit risks, and Global Classification AI, which streamlines product classification for global trade with audit-ready documentation and continuously learning algorithms. Building on earlier releases of CoCounsel Legal with Deep Research and CoCounsel Tax, Audit and Accounting, Thomson Reuters has upgraded CoCounsel Tax, Audit and Accounting to include agentic AI capabilities like "Ready to Review, " which automates U. S. 1040 tax return preparation from source documents, significantly reducing manual effort. A forthcoming feature, CoCounsel Document Analysis, will enable auditors to automate complex workflows by extracting data for vouching and testing, and automatically generating cited workpapers, freeing professionals for higher-level tasks. Expanded content including guidance from AICPA, FASB, GASB, IFRS, and sustainability standards is now integrated into a unified AI-driven workflow. In the legal domain, CoCounsel Legal is advancing with three new beta features employing a next-generation agentic AI framework: bulk legal document review capable of processing up to 10, 000 documents for diligence and risk assessment; customizable agentic workflows that independently manage intricate legal processes using Westlaw and Practical Law content; and the ability for lawyers to create, save, share, and refine workflow plans combining Thomson Reuters legal tools with firm-specific knowledge. These capabilities are slated for release to U. S.

users in early 2026. David Wong, Chief Product Officer, emphasizes that Thomson Reuters is uniquely positioned to deliver professional-grade agentic AI by combining advanced reasoning models, extensive domain expertise, trusted content, and familiar professional tools. Across all applications, these AI solutions drive substantial time savings through automation, lower risk via transparent, audit-ready documentation, and improve accuracy by blending AI with authoritative content. They empower professionals to delegate complex, multi-step tasks and concentrate on strategic decision-making. Thomson Reuters will present these innovations to over 5, 000 customers at the SYNERGY 2025 Conference in Orlando from November 5-12. For more information, visit the Thomson Reuters Innovation Blog. About Thomson Reuters: The company provides trusted content and technology supporting legal, tax, accounting, compliance, government, and media professionals worldwide to make informed decisions and promote justice and transparency. Reuters, part of Thomson Reuters, is a leading global news organization. More details are available at tr. com. Contact: Amanda Hossain Senior Director, Product and Technology Communications [email protected] SOURCE Thomson Reuters


Watch video about

Thomson Reuters Launches Agentic AI Solutions for Tax, Audit, Legal, and Compliance Professionals

Try our premium solution and start getting clients — at no cost to you

Content creator image

I'm your Content Creator.
Let’s make a post or video and publish it on any social media — ready?

Language

Hot news

March 26, 2026, 10:26 a.m.

5 Malaysian SEO Challenges (And How AI Solves The…

The Malaysian digital market is rapidly expanding, presenting significant opportunities alongside intense competition.

March 26, 2026, 10:24 a.m.

Nvidia's AI Chipsets: Powering the Next Generatio…

Nvidia has launched an innovative series of AI chipsets aimed at advancing next-generation artificial intelligence applications.

March 26, 2026, 10:15 a.m.

AI Marketing: Opportunities and Challenges

Recent developments in the technology and regulatory arenas reveal the Federal Trade Commission’s (FTC) intensified scrutiny and enforcement against companies making unsubstantiated claims about artificial intelligence (AI) in their marketing.

March 26, 2026, 10:12 a.m.

AI Video Conferencing Tools Enhance Remote Collab…

In today’s increasingly interconnected world, remote collaboration has become essential for businesses operating across diverse regions.

March 26, 2026, 6:21 a.m.

AI Video Summarization Tools Aid in News Consumpt…

In an age where information flows relentlessly and time is scarce, artificial intelligence is enhancing the way we consume news.

March 26, 2026, 6:21 a.m.

Evertune AI: Pioneering Generative Engine Optimiz…

Evertune AI, based in New York, is emerging as a leader in generative engine optimization (GEO), a fast-growing area focused on improving how brands appear and interact within AI-generated content.

March 26, 2026, 6:16 a.m.

Salesforce's Agentforce 360 Platform Influences $…

Salesforce’s Agentforce 360 platform has emerged as a revolutionary tool in sales and customer service, making a significant impact on global business operations.

All news

AI Company

Launch your AI-powered team to automate Marketing, Sales & Growth

AI Company welcome image

and get clients on autopilot — from social media and search engines. No ads needed

Begin getting your first leads today