Made By
ZeroTaxReleased On
2023-10-24
ZeroTax is an AI-powered tax preparation and filing solution that streamlines the process for individuals and small businesses. The platform automates tax return preparation, offers personalized planning, and provides real-time audit risk assessments to ensure accuracy and compliance.
Key features:
- Automated Tax Preparation: Uses AI to automatically prepare tax returns, ensuring accuracy and minimizing errors.
- Real-time Audit Risk Assessment: Provides real-time audit risk assessments to help users identify potential issues before filing.
- Personalized Tax Planning: Offers personalized tax planning recommendations based on users' specific financial situations.
- Multi-State Filing: Supports multi-state filing for users with income from multiple states.
- Cryptocurrency Support: Allows users to report cryptocurrency transactions, ensuring compliance with tax laws.
- Financial Institution Integration: Integrates with various financial institutions, enabling seamless import of financial data.
- Mobile App: Offers a mobile app for on-the-go access to tax preparation and filing services.
- Customer Support: Provides dedicated customer support to assist users with questions or issues.
How it works:
1. Users create an account and provide necessary financial information.
2. ZeroTax integrates with financial institutions to import relevant data.
3. The platform's AI engine prepares the tax return, ensuring accuracy and minimizing errors.
4. Users review and edit their tax return as needed.
5. ZeroTax files the tax return electronically with the IRS.
Integrations:
- Financial institutions such as banks and investment platforms
- Cryptocurrency exchanges
Use of AI:
ZeroTax employs AI to automate tax preparation, provide personalized tax planning recommendations, and assess audit risks in real-time. The AI analyzes complex financial data to generate accurate tax returns and offer tailored advice.
AI foundation model:
The platform utilizes a proprietary generative AI model built on top of a large language model (LLM) to power its automated tax preparation and planning features.
Target users:
- Individuals seeking efficient tax preparation solutions
- Small businesses looking for accurate tax filing services
How to access:
ZeroTax is available as both a web application and a mobile app, allowing users to access the platform from their preferred devices.
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