CCH iKnowConnect

Wolters Kluwer is excited to bring AI-powered features to CCH iKnowConnect—designed to make professional research for tax and legal professionals faster, smarter and more accessible.

• AI-Powered Q&A
• AI Assistant (previously AI Chat Assistant)
• AI-Generated Summaries

Combining cutting-edge generative AI with more than six decades of Wolters Kluwer's deep domain expertise—giving professionals a new edge in accuracy, clarity, and confidence.

With free resources such as ChatGPT and Microsoft Copilot at your fingertips, have you thought about how much that free option could really cost you or your firm? Even low-cost paid AI solutions can come with considerable risks, both financial and reputational. When accuracy matters, trust isn’t optional.

Tax and legal professionals are under strict obligations to maintain their knowledge and skill levels and must provide competent services to their clients. Failure to adhere to these obligations can result in costly appearances before disciplinary tribunals, financial penalties and loss of reputation. A short-term saving in costs may lead to significant and long-term damage to your business.

So concerned is the Australian Tax Office (ATO) about the use of free source AI technology giving inaccurate tax advice that, in two recent statements, it has warned both taxpayers and tax advisers against relying on the answers provided by AI.