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Should you rely on AI to do your taxes? Experts warn of risks.

CBS Newsยท3 days ago

A significant portion of Americans (25%) are using AI chatbots for tax preparation despite expert warnings about the tools providing outdated or inaccurate tax guidance. This represents a concrete example of AI misinformation causing potential real-world financial harm to users who trust AI systems for complex, high-stakes tasks they're not equipped to handle reliably.

tax preparationmisinformationfinancial harmAI reliabilityconsumer risk

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