It’s the beginning of February, which means that tax season has begun. Mixed between the mess of W-2 forms and receipts are overwhelmed tax preparation professionals working towards the yearly April deadline while navigating through a complicated tax code.
Whether you’re a first-time filer or have numerous done it many times before, missing a few key lines can result in an uncomfortable audit. To see how IBM could help a tax preparer innovate, Big Blue and longtime tax corporation H&R Block teamed up to feed Watson 74,000 pages of tax code.
Check out the video, which aired this last Sunday during the big game:
With machine learning, artificial intelligence, natural language processing, and image recognition capabilities, this field is sure to see some welcome disruption – and hopefully a higher tax refund to boot.
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