AI AND TAX

AI CHANGES THE LOOK AND FEEL OF IRS AUDITS

ALGORITHMS ANALYZE INDUSTRY NORMS, THIRD-PARTY DATA, AND LIFESTYLE INDICATORS.

AUTOMATED TARGETING – ALGORITHMIC FLAGS ARE AUTOMATIC FOR AREAS LIKE HIGH-WEALTH FILERS, PARTNERSHIPS, AND SPECIFIC ASSET CLASSES (E.G., CRYPTO).

 

HOW TO ASSIST WITH AN IRS BUSINESS AUDIT:

AUDIT THE DATA FIRST.

RETAIN CONTROL OVER STRATEGY AND SUBMISSIONS.