AI is Not Very Good at Tax: Accounting Students’ Validation of AI and the Internal Revenue Code
Presented by Landi Morris, Department of Economics, Finance, and Accounting
Students are required to engage with AI throughout the semester to develop an understanding of its capabilities and limitations. They are asked to prompt AI to prepare a tax memorandum related to tax law introduced in the One Big Beautiful Bill Act. Students then validate AI’s work using independent tax research software. Over the course of the semester, students report an increased use of AI and improved understanding of its application and limitations.
