IRS to Leverage AI in Investigating Millionaire Tax Evaders

  • The IRS will use AI to find inconsistencies in various tax sectors to detect evasion among wealthy individuals and corporations.
  • Focus is on taxpayers with annual income over $1 million and debt greater than $250,000, along with large corporations.
  • By end of September, IRS will start examining 75 of the largest partnerships in the US as part of this initiative.
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