IRS advisory committee recommends sustained funding for AI tools while implementing preparer regulation and fraud prevention safeguards in tax administration.
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Electronic Tax Administration Advisory Committee recommends predictable multiyear IRS funding, expanded AI use with safeguards, and tax code simplification to ease practitioner and taxpayer burden.
Tax professionals leverage AI to boost efficiency, but a smaller, more automated IRS requires firms to implement stronger due diligence policies to avoid compliance risks.
UK tax authority HMRC will use AI from a British tech company to identify fraud and errors in tax returns, signaling regulatory adoption of AI for compliance and revenue protection.
UK's HMRC tax authority rolls out AI copilot to nearly 28,000 employees, signaling major automation shift in tax administration and potential implications for taxpayer interactions.
ArXiv paper argues enterprise AI agents in regulated domains (tax, underwriting, claims) require stateless design for auditability and compliance, challenging a decade of stateful memory research.