Introduction to AI in Taxation
State tax agencies are increasingly adopting artificial intelligence. In a recent episode of Tax Notes Talk, Ryan Minnick from the Federation of Tax Administrators discussed this trend. He shared valuable insights from the FTA’s upcoming briefing paper on generative AI. This paper also includes findings from the 2024 tax agency survey.
The integration of AI technology in tax agencies can enhance efficiency and accuracy. By leveraging AI, these agencies can streamline processes and improve decision-making. The FTA’s insights indicate that the future of tax administration may heavily rely on such advancements.
