Experts warn against using artificial intelligence to prepare your taxes due to privacy and legal risks

Got An IRS Call Threatening Arrest? Americans Must Watch Out For Sophisticated AI Scam On Tax Day

April 15 is a big day for American taxpayers and, as it turns out, for cybercriminals, too. Taking advantage of the last-minute filing anxiety, scammers are using artificial intelligence to launch a new generation of scams, according to cybersecurity experts and federal fraud data. The calls sound professional. The voices carry authority. The threats feel urgent. But the person on the other end of the line may not exist at all. Cybersecurity spe…

The tiny disclosure at the bottom of OpenAI's tax day post is all you need to read

More Americans are turning to ChatGPT for tax help. OpenAI has a disclaimer.Philip Dulian/picture alliance via Getty ImagesOpenAI said there's been a surge in tax-related queries on ChatGPT this tax season.The company also issued a disclaimer about relying too heavily on the chatbot.Americans are increasingly using AI for help with their taxes.OpenAI said more Americans than ever are using ChatGPT to do their taxes — just don't rely too heavily …

COMMENTARY: Don’t let AI do your taxes

The privacy issue that pervades conversations of AI safety may be even more concerning than the math.

Experts warn against using artificial intelligence to prepare your taxes due to privacy and legal risks

With Tax Day approaching on Wednesday, April 15, taxpayers might be tempted to use artificial intelligence to prepare their returns. However, experts warn against relying on AI chatbots due to privacy risks and the potential for fabricated information.Robert Persichitte, an accounting professor at MSU Denver, advises against using the technology for tax preparation just yet."First, these basic chatbots are not giving you privacy," Persichitte sa…

Could artificial intelligence help with your taxes? Experts say you need to be cautious

Whether it’s Grok, ChatGPT, Gemini, Claude, or any other virtual assistant, people are turning to artificial intelligence to help them with a lot of things in their lives. Now, some are mixing AI technology with taxes. “You can use AI for doing your taxes, but we have to be aware that AI makes mistakes,” said artificial intelligence expert Jon Hernandez. That’s the important message AI experts want people to understand. You can use Artificial In…

ABRAMSON: Don’t Let AI Do Your Taxes

Tax Day is April 15, and millions of Americans are looking for ways to make filing less stressful. This year’s temptation is AI. Chatbots promise quick answers, plain-English explanations, and even accounting assistance — though many of them also caution that they’re neither tax accountants nor tax lawyers, and that their recommendations should thus not be taken at face value.  Still, who really pays attention to such warnings? If inexpensive AI…