Artificial intelligence automates and streamlines individual steps in tax filing and seamlessly integrates with existing financial management systems. This cohesive integration creates a dashboard where all financial data converge and provides a holistic view of the taxpayers’ economic health.
Personalised deductions and credits
Going beyond basic automation, artificial intelligence personalises the tax preparation purpose. For example, it might identify travel-related expenses that qualify for tax deductions. This tailored advice maximises returns and increases savings.
Tax liability estimations
AI provides taxpayers with real-time estimates. This is particularly helpful in modifying strategies based on projected incomes throughout the year.
