By now, you probably have heard of or encountered some form of artificial intelligence (“AI”), which appears to be rapidly expanding globally. AI’s application in tax preparation also seems to be growing. With growth, comes growing pains and learning curves; even though using AI to analyze vast volumes of tax data has advantages in terms of reducing human error, recognizing patterns, and increasing efficiency. The intriguing aspect of the learning curve, as it relates to tax preparation, is that AI most depends on access to data pools which present security challenges and additional levels of complexity. Additionally, research shows […]