2026 State of Tax Professionals Report

The 2026 State of Tax Professionals Report presents findings from a survey conducted by the Thomson Reuters Institute, which gathered insights from tax, audit, and accounting professionals worldwide. The report outlines the current challenges and strategic priorities for firms entering 2026, highlighting the increasing demand for efficiency and the integration of technology, particularly artificial intelligence (AI). A significant 57% of respondents identified AI as their top investment priority, reflecting a growing trend towards automation and enhanced technological capabilities. The report details the optimism among firms regarding revenue growth, with 65% expecting increases in the coming year. However, it also addresses ongoing issues such as talent acquisition and retention, which many professionals view as critical challenges. The findings emphasize the need for firms to adapt their service offerings and pricing models to meet client demands for advisory services, as well as the importance of modernizing workflows to remain competitive in a rapidly evolving landscape.