Can ChatGPT do my taxes? Chatbots won't replace human expertise any time soon [USA TODAY]
H&R Block, Inc. (HRB)
Last h&r block, inc. earnings: 3/5 04:15 pm
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Source: USA TODAY
One word of advice: Don't. There's a reason we warn kids not to use ChatGPT to write an essay or finish their history homework. And the bot is especially bad at math. Add in the intricate and often ambiguous realm of tax laws that vary by state, and it could be a recipe for disaster - or even worse - an audit. This question of whether it's a good idea to use generative AI for tax help comes at a time when the nation's most popular tax preparation companies, Intuit's TurboTax and H&R Block , launched generative AI “assistants.” So far, reviews of “Intuit Assist,” specifically in Turbo Tax's DIY “Self-Help ” section, and H&R Block's “AI Tax Assist,” which is part of their paid packages, underscore why this sort of AI won't replace human expertise any time soon. Not that they're meant to, Turbo Tax spokeswoman Karen Nolan said on a Zoom call. And it's important taxpayers understand that. How can generative AI help with my taxes? Intuit Director of Design Jim Fell and Nolan w
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News
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- Many Canadians are delaying filing their taxes out of fear of owing money, survey says [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Tax Breaks: New Laws And Budget Proposals—Including One That's Out Of This World [Forbes]Forbes
- The CRA's April 30 tax deadline is just days away — here are some last-minute filing tips [Financial Post (Toronto, Ontario, Canada)]Financial Post
- H&R Block to Release Fiscal 2024 Third Quarter Results on May 9, 2024 [Yahoo! Finance]Yahoo! Finance
HRB
Earnings
- 2/6/24 - Beat
HRB
Sec Filings
- 2/23/24 - Form 144/A
- 2/23/24 - Form 4
- 2/23/24 - Form 144
- HRB's page on the SEC website