Artificial intelligence offers new opportunities to improve efficiency, but it also raises important questions about the use and protection of taxpayer information. Can client data be entered into an AI tool? What constitutes a disclosure or use of tax return information under §7216? When is taxpayer consent required? How should firms evaluate AI vendors before incorporating their tools into daily workflows?
This session examines the application of §7216 and related regulations in an AI-assisted tax practice. Through practical scenarios and discussion, participants will explore how taxpayer privacy rules apply to AI technologies, identify potential compliance risks and review best practices for protecting taxpayer information while responsibly integrating AI into their firms.
Objectives
Upon completion of this session, you will be able to:
Identify the requirements of §7216 and related regulations governing the use and disclosure of taxpayer information in an AI-assisted environment
Distinguish between permissible and impermissible uses of taxpayer information when utilizing AI tools and third-party technologies
Recognize best practices for safeguarding taxpayer information and evaluating AI solutions for compliance with taxpayer privacy requirements
