Artificial Intelligence Adopted by IRS to Identify Tax Violations Among Wealthy

  • AI tools will change how the IRS issues audits, prioritizing wealthy taxpayers possibly involved in tax evasion.
  • Wealthy individuals, hedge funds, real estate investment partnerships, and law firms suspected of skirting tax rules will be targeted; about 1,600 taxpayers owe hundreds of millions in unpaid taxes.
  • Nearly 90,000 additional staff were hired by the IRS last month to improve taxpayer services and facilitate the AI program.
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