Summary
Orders the Comptroller General to study and report to Congress on how artificial intelligence could help the IRS catch people who cheat on their taxes.
What problem does this solve?
The government loses money because some people cheat on their taxes, and it can be hard to find them. This bill orders a study to see if new computer technology, called AI, can make it easier for the IRS to find this tax cheating.
Who does this affect?
- Internal Revenue Service (IRS)
- Comptroller General
- Taxpayers
What does this bill do?
Reference
Text:
Section:
Sec. 2
Header:
Report on potential for use of artificial intelligence to detect tax fraud
Requires a report on AI and tax fraud
Directs the Comptroller General to create a report for Congress about how artificial intelligence could be used by the IRS to find tax fraud.
What is the real world impact?
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Improves tax collection efficiency
Aims to find better ways for the IRS to collect taxes that are owed, potentially bringing in more money for the government without raising tax rates.
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Raises privacy and fairness concerns
Using AI to look at tax returns could raise questions about how people's private financial information is used. Some might worry the AI could make mistakes or unfairly target certain groups of people.
When does this start?
A report must be sent to Congress within 180 days after this bill becomes law.
Reference
Text:
Section:
Sec. 2
Header:
Report on potential for use of artificial intelligence to detect tax fraud
Deadline for AI tax fraud report
The Comptroller General must submit the report on using AI to detect tax fraud no later than 180 days after the bill is signed into law.