6 Reasons AI Won’t Cut Your Tax-Prep Bill — and Could Push It Higher

Here’s a question worth asking before next tax season: If artificial intelligence is now doing most of the grunt work on your return, why isn’t your bill going down?

The work really is getting easier. TurboTax’s maker says its software now automates data entry for about 90% of tax forms and fills in roughly 80% of a simple return before you type a thing.

Less typing. Less time. Less cost for the company doing it.

So your price should be falling too, right?

Don’t count on it. I’ve spent decades watching how this industry operates, and the pattern rarely changes — when technology makes filing cheaper to deliver, the savings don’t reach you. They…

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