The IRS has just put out a major statement to the entire country warning Americans that

moving forward.

The agency will now be using AI to crack down on tax-related enforcement, meaning that

as fun as it was to pay taxes and then have some federal bureaucrat decide whether

you need to be audited or not, while moving forward, it'll actually be decided by an

AI machine, sort of like a tax GPT.

Specifically, the commissioner of the IRS, Mr. Danny Wurfel, he said this as a part of

a statement released just last Friday.

Quote, there is a sea change taking place at the IRS in every aspect of our operations.

The changes will be driven with the help of improved technology, as well as artificial

intelligence that will help IRS compliance teams better detect tax cheating, identify

emerging compliance threats and improve case selection tools to avoid burdening tax

pairs with needless no-change audits.

With that out of the way, this shift towards AI-based tax compliance.

It comes as a direct result of the so-called inflation reduction act that was signed

into law by Joe Biden last August.

In that particular law, it was around $80 billion that was earmarked to expand the IRS's

budget over the next 10 years.

Now after the debt ceiling negotiations earlier this year between Joe Biden and Kevin McCarthy,

that $80 billion was paired down to $60 billion.

Essentially, Congress was able to effectively claw back $10 billion per year for the year

of 2024 and 2025.

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