IRS plan to use AI may affect wealthy taxpayers. Here’s how

Jeffrey Coolidge | Photodisc | Getty ImagesThe IRS is launching plans with boosted technology and artificial intelligence to collect unpaid taxes from higher earners, partnerships and large corporations — which could transform tax compliance or spark challenges for the agency, experts say. After past criticisms of low audit rates among...

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3 in 10 adults would use AI for financial advice, CNBC survey finds

Most Americans have never used ChatGPT. The majority aren't interested in using generative artificial intelligence tools specifically for financial advice, either, according to a new CNBC Your Money Survey — at least not yet.Slightly more than one-third of U.S. adults — 37% — are interested in using AI tools...

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CertifID, which develops products to prevent wire fraud, raises $20M

CertifID, a startup developing fraud prevention tech for the real estate market, today announced that it raised $20 million in a funding round led by Arthur Ventures at “over double” its previous valuation. CertifID primarily develops products to fight wire fraud. The startup’s co-founder, Thomas Cronkright, launched the company in...

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