IRS + AI: Are You Ready?

Are you ready for the new era of tax filing? The video 'IRS + AI: Are You Ready?' dives into the speculation that the IRS is now using AI to flag inconsistencies in tax returns, which could mean a significant uptick in correspondence headed your way.

This isn't just about making things easier for the IRS; it means inconsistencies that might have been overlooked in the past could now be pursued more readily because AI makes it less costly for them. As a taxpayer, especially if you're aiming to be an ethical millionaire, understanding this shift is crucial.

Paul Vázquez from Tax Lab Inc. explains how AI might flag issues, like amended returns, and why context is key when dealing with these automated inquiries. Don't get caught off guard! Having a professional on your side can help ensure your claims are accurate and ethical, covering all your bases, so it's easy to get any AI mis-flags off your back.