Senate Majority Leader Chuck Schumer hopes to kickstart federal AI legislation with a major DC conclave that prioritized the industry’s Goliaths
The IRS is launching plans with boosted technology and artificial intelligence to collect unpaid taxes from higher earners, partnerships and large corporations, which could transform tax compliance or spark challenges for the agency, experts say.
The Internal Revenue Service plans to leverage artificial intelligence to identify patterns of noncompliance in large partnerships, while also ramping up its examinations of high-income taxpayers and big corporations.
Artificial intelligence at the IRS isn’t new, but the recent infusion of funding from the Democrats’ tax-and-climate law gives the agency more fuel to address compliance gaps.
On today’s episode of Innovation Tech Talks, Managing Editor Corey Noles chats with Dr. Robert Ambrose. He is the chairman of robotics & artificial intelligence for Alliant Group and the former chief of software, robotics & Simulation at NASA’s Johnson Space Center in Houston.