ChatGPT for taxes? OpenAI and H&R Block have a plan for tax pros [CNBC]
H&R Block, Inc. (HRB)
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Source: CNBC
The service will help H&R Block reps stay up to date on tax code changes and more quickly help with unique and complicated scenarios. OpenAI said the project began “several months ago,” before President Trump's proposed changes to the tax code. An H&R Block tax preparation office is seen on Flatbush Avenue in the Prospect Heights neighborhood of Brooklyn in New York City on Feb. 6, 2024. As Americans race to meet Tuesday's deadline for filing their tax returns, OpenAI and are letting tax professionals know that, by next year, their jobs may be a little easier. The companies said on Tuesday that they're working together to develop a new generative artificial intelligence tool tool that they hope will be finished in time for the 2026 tax season. The goal is to help H&R Block's tax pros stay up to date on tax code changes and to more quickly answer “the most gnarly questions that walk through the door,” said Andy Phillips, vice president of The Tax Institute at H&R Block, the
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