The IRS Wants Smarter Audits. Palantir Could Help Decide Who Gets Flagged
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The IRS Wants Smarter Audits. Palantir Could Help Decide Who Gets Flagged
"The IRS stated that its fragmented landscape can lead to undesirable outcomes including duplication of effort and cost, poor understanding of gaps in coverage, and suboptimal case selection."
"The custom tool, dubbed the 'Selection and Analytic Platform' or SNAP, is designed to help the IRS streamline how it identifies potential fraud cases."
"Palantir has been awarded more than $200 million in contracts and obligated payments with the IRS, indicating a deepening relationship between the two entities."
The IRS contracted Palantir for $1.8 million to enhance a tool for identifying high-value audit cases and unpaid taxes. The IRS previously used over 100 systems and 700 methods, which became inefficient. The new tool, called SNAP, aims to streamline fraud identification. Currently in a pilot program, SNAP is part of a broader relationship, with Palantir receiving over $200 million in contracts from the IRS since 2014. The integration of SNAP with existing IRS systems remains unclear.
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