Tax agencies

H&R Block, one of the world's largest tax service agencies, announced on its official website that it has officially released a generative AI tax assistant - AI Tax Assist. It is reported that this is a ChatGPT-like assistant powered by Microsoft Azure OpenAI. Users can quickly complete complex business processes such as tax returns, tax refunds, and tax management/inquiries through text questions and answers. Its accuracy rate is as high as 100%, because H&R Block uses nearly 70 years of its own data for pre-training and fine-tuning. At present, the product has been officially launched as H&am…