Using Machine Learning to Crack the Tax Code
Tax Notes Federal, January 31, 2022, p. 661
8 Pages Posted: 16 Feb 2022
Date Written: February 13, 2022
In this article, we provide general observations about how tax practitioners are beginning to learn how to leverage the insights of machine learning to “crack the tax code.” We also examine how tax practitioners are using machine learning to quantify risks for their clients and ensure that tax advice can properly withstand scrutiny from the IRS and the courts. The goal is to guide tax experts in their tax planning and to help them devise the most effective ways to resolve tax disputes, leveraging new tools and technologies.
Keywords: machine learning, tax planning, tax avoidance, legal prediction
JEL Classification: J00, H2, H00
Suggested Citation: Suggested Citation