Empowering IRS with AI: Building a Smarter Future for Tax Compliance.
Leveraging cutting-edge AI models presents a promising avenue for the IRS to enhance its capabilities in identifying taxpayers at risk of non-compliance, thereby narrowing the tax gap. While it is acknowledged that AI alone cannot completely resolve the challenges surrounding the tax gap, it stands as a powerful tool alongside other strategies. Examining current applications of AI within the IRS, three key areas emerge where AI demonstrates potential to be of significant assistance. By utilizing AI in these areas, the IRS can arm itself with the necessary technology to bolster its efforts in addressing tax non-compliance proactively.
