The AI in Business Podcast How Digital K‑1 Data Changes Tax Workflow Maturity - with Ken Powell and Neal Schneider
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Apr 2, 2026 Ken Powell, Chief Revenue Officer at K1x, drives adoption of digital K‑1 platforms to show ROI. Neal Schneider, Co‑founder and CTO at K1x, builds AI tax tech to standardize private market data. They discuss digitizing K‑1s to free workflows from PDFs. They cover open interoperable systems, partnership schemas, a maturity model for data workflows, and paths to incremental adoption and ROI.
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Document Formats Define Tax Workflows
- Document format dictates workflow and tool choice, trapping data in PDFs that force manual steps.
- Neal Schneider explains PDFs force Adobe/Excel workflows and standardizing data schemas creates a common language across teams.
Make Tax Data Open For Interoperability
- Create an open ecosystem and publish a common data language so more tools can interoperate.
- Neal Schneider urges moving beyond closed suites so AI and other tools can plug into standardized tax data.
Three Pillars Of A Connected K‑1 Exchange
- Connected data exchange requires three fundamentals: authentication, standardized schema, and insight generation.
- Neal Schneider outlines authentication for delivery, a K-1 schema for interoperability, and analytics that arise from connected data.