Generative AI is Bedside Sailors movie (1976)really good at making sense of confusing information and extracting key details, so tax help is a natural fit.
Well, that's what H&R Block thinks anyway.
According to The Verge, the tax-preparation company announced on Thursday a new tool called AI Tax Assist. The generative AI chatbot will be available with paid editions of H&R Block's DIY tax-filing products to help answer questions about tax forms, deductions, specific tax codes, and more.
While more businesses look to harness generative AI, tax help is a bold new application. However, it's worth noting that language models can hallucinate and produce confident-sounding, yet inaccurate responses. When it comes to tax filing, trust and accuracy is pretty crucial.
An H&R Block spokesperson told Mashable that AI Tax Assist was rigorously tested by technical and human models. Plus, it's overseen by a team monitoring its performance for accuracy and behavior. And finally, it has a built-in feature for users to provide feedback to refine the system. "H&R Block has a 100% accuracy and maximum refund guarantees," said the spokesperson.
AI Tax Assist also does not pull data from the internet, only from the H&R Block dataset, which helps ensure quality control. The language model is built with Microsoft's Azure OpenAI Service and trained on H&R Block's data, which includes its tax research hub The Tax Institute and knowledge from 60,000 tax professionals.
H&R Block has had past controversies about misleading customers into using its services and faced a class action lawsuit about sharing personal financial information with Google. That said, our sibling site PCMag (also owned by Ziff Davis) has given its tax prep software the seal of approval. That being said, know what you're getting into if you use H&R Block and its AI tools.
Unfortunately, the free edition of H&R Block's online tax filing doesn't offer AI Tax Assist. But it comes included with the Deluxe edition, which costs 35 bucks.
Topics Artificial Intelligence Money Tax Season with Mashable
Previous:Tesla used car prices are cratering
Here's why Google Home fails when you ask for the temperature 'inside'Sean Hannity calls Hillary Clinton "President" on Fox NewsThe next generation of iPhones won't have a TrueDepth rear camera, says analystNYC's plan to finally kill the MetroCardShake Shack, Burger King weigh in on Google vs Apple cheeseburger emojiFacebook quarterly earnings were amazing. Zuckerberg isn't cheeringSend your name to Mars in NASA's InSight landerStarbucks ends 'War on Christmas' with new holiday cupThe new Amazon Oasis is big and waterproof, but it doesn't feel like progressInstagram app now has Hebrew, Farsi, Arabic language optionsSean Hannity calls Hillary Clinton "President" on Fox NewsMashReads: 'The Haunting of Hill House' is a mustSnapchat has a hidden Halloween easter eggThe iPhone X camera vs. every iPhone everAmazon's new AR View app lets you virtually demo thousands of productsTesla has bad news if you're waiting for a Model 3'Your power scares me' senator tells Facebook during first hearing on 2016 electionThe fight against alleged secret Facebook eavesdroppingJustin Timberlake and Jessica Biel wear 'Toy Story' Halloween costumesAll eyez on Chance the Rapper's Halloween costume Hackers are having a field day on China’s wild web 'His Dark Materials' author tweets a genuinely useful piece of writing advice Google Hangouts is shutting down for some users in October Why nobody should mourn Microsoft ending support for Windows 10 Mobile Jasmin Paris becomes first woman to win 268 Sony's adorable robot dog Aibo now comes in chocolate Your next iPhone could be made in India 2019 Oscars: Full list of nominations Uber is refunding surge Why the '15 Some Netflix subscribers say they'll leave over new pricing To see into someone's soul, binge on their Twitter likes Kanye West played 'Famous' three times in Taylor Swift's hometown Leslie Jones is very angry about the plan for a new 'Ghostbusters' This birthday cake based on a Pikachu meme is going super viral I'm not ashamed to be ashamed of binging terrible TV shows Extreme weather convinces Americans that climate change is real Facebook to teens: Plz laugh at these old memes Volcanologist wants you to stop making that one 'Star Trek' joke, please Women’s invisible labor leaves them feeling empty, study finds
2.5095s , 10110.546875 kb
Copyright © 2025 Powered by 【Bedside Sailors movie (1976)】,Openness Information Network