The IRS Says It's Using AI to Bust Zillionaire Tax Cheats

Tax Code Thought AI was only being used to eliminate the jobs of the working class? Sounds like maybe it’s going to be used against the wealthy for a change. In a Monday press release, the Internal Revenue Service (IRS) announced that as part of a renewed effort to ensure fairness and crack down on lawbreakers, it’ll start using “cutting-edge machine learning technology” to stop the US’ wealthiest individuals and corporations from cheating on their taxes. According to the IRS, it’ll use AI to find inconsistencies across a number of tax sectors —  including “partnership tax, general income tax and accounting, and international tax” — in what it says is a “taxpayer segment that historically has been subject to limited examination coverage.” The AI integration is part of an effort to “ensure the IRS holds our wealthiest filers accountable to pay the full amount of what they owe,” IRS Commissioner Danny Werfel said in the release. The IRS is “deploying new resources towards cutting-edge technology,” he added, “to improve our visibility on where the wealthy shield their income and focus staff attention on the areas of greatest abuse.” Form Bodies Lest you’re worried about the tech being aimed at the poors, the release says the “groundbreaking collaboration among experts in data science and tax enforcement” will focus primarily on taxpayers with an annual income of over $1 million and more than $250,000 in tax debt, in addition to large corporate bodies. And according to the IRS, the crackdown is already…The IRS Says It's Using AI to Bust Zillionaire Tax Cheats

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