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IRS Hits Pause on Modernization Efforts to Leverage AI Technology

Reuters

The U.S. Internal Revenue Service is reassessing its technology modernization strategy to maximize the potential of artificial intelligence and machine learning. This strategic pause will enable the IRS to explore innovative solutions, enhance taxpayer services, and improve operational efficiency. By embracing AI technology, the agency aims to streamline processes, reduce costs, and provide better support to taxpayers. This move is expected to have a significant impact on the future of tax administration, making it more efficient and effective. With the integration of AI, the IRS can improve its overall performance and provide enhanced services to the public.