Apr 23, 2026 | News

Thomson Reuters, a global content and technology company, has been named the winner of a Bronze Stevie Award in the ‘Best AI-Powered Product or Service’ category in the 24th Annual American Business Awards®.  

The accolade, announced on April 23, 2026, is awarded to Thomson Reuters for CoCounsel Tax & Audit. This purpose-built agentic AI platform is designed for professionals who prioritize accuracy, accountability, and trust.  

Built for fiduciary-grade AI 

Since its launch in March 2025, CoCounsel Tax & Audit has been adopted by firms of all sizes across the United States, with users reporting time savings of 32% per task. The solution draws on Thomson Reuters Checkpoint expert-authored content, as well as primary sources including the IRS, FASB, GASB, AICPA, and IFRS, with every answer cited and defensible.  

Judges praised CoCounsel Tax & Audit for demonstrating “strong innovation in enterprise AI by delivering an agentic AI platform that integrates research, analysis, and workflow automation into a secure, authoritative environment for accounting professionals.” Others highlighted its “strong enterprise credibility and clear positioning in a regulated domain,” and its “intriguing use of AI to complement human work in a notoriously complex field.” 

“CoCounsel Tax & Audit was built to solve real problems for real professionals, and this recognition is a testament to the transformative work our team has done to reimagine what’s possible for tax and accounting professionals,” said Elizabeth Beastrom, President, Tax & Accounting Professionals, Thomson Reuters. “I’m proud of the meaningful, measurable impact we’re delivering for thousands of firms across the country.” 

More than 3,600 nominations from organizations of all sizes and industries were submitted this year for consideration. More than 250 professionals worldwide participating in the judging process to select this year’s Stevie Award winners. 

“Organizations across the United States continue to set a high standard for innovation and performance,” said Maggie Miller, Stevie Awards President. “The breadth and quality of nominations submitted to the 2026 American Business Awards reflect a dynamic and competitive business environment, where organizations are finding new ways to drive growth, deliver value, and make an impact.” 

Recognition beyond the Stevie Award 

The Stevie Award follows recognition from TaxTech 500, which recently highlighted Thomson Reuters as one of the vendors most visibly shaping the agentic AI conversation in the tax industry. The scale of CoCounsel’s adoption and its integration across the broader Thomson Reuters stack are cited as meaningful competitive differentiators in its ‘Agentic AI Tax Race’ series.