Tax preparation company H&R Block has unveiled a new AI tax filing assistant named “AI Tax Assist.” This AI chatbot is integrated into H&R Block’s paid DIY tax software versions, offering users detailed guidance on tax rules, possible exemptions, and other tax-related queries.
The Verge reports that H&R Block’s AI-powered assistant is designed to help taxpayers by answering their questions about different tax situations, including exemptions and deductions that are specific to various professions, such as gig workers. For instance, an Uber driver can ask, “What can I deduct as business expenses?” and the AI will generate a tailored list of permissible deductions.
AI Tax Assist’s can also direct users to human tax experts for more personalized advice, with future plans to support AI-powered personalized guidance. H&R Block emphasizes the importance of user trust,…
