Travis Thompson moderates ABA panel, “The IRS’s Modern Use of Artificial Intelligence and Big Data in Tax Enforcement”November 2018
This webinar will discuss the fundamentals of the IRS’s big data analytics program and what tax practitioners should be aware of when they represent clients in the future.
As federal enforcement agencies are increasingly asked to do more with less, the US government has implemented advanced technology applications to enforce financial crimes which have increased in sophistication. In 2011, the IRS started a new program to materially improve compliance results for the most pressing strategic issues facing the IRS using data. Utilizing new tools, data, and analytical methodologies while leveraging a “test and learn” approach to accelerate innovation while minimizing risk, the program achieved significant results in the areas of refund fraud, tax gap reduction, and core compliance examination activities. Similarly, the IRS’ Criminal Investigation organization has begun a new initiative that uses data to identify cases representing the highest non-compliance cases. This panel will discuss the fundamentals of the IRS’s big data analytics program and what tax practitioners should be aware of when they represent clients in the future.
- Travis Thompson, Sideman & Bancroft, LLP, San Francisco, CA (Moderator)
- Todd Egass, CI Director of Technology, Operations & Investigative Services, Internal Revenue Service, Washington, DC
- Carina Federico, Crowell Moring, Washington, DC
- Michelle Schwerin, Capes Sokol, St. Louis, MO