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Introduction: TaxGPT is an AI-powered tax assistant built for accountants and tax professionals. It serves as an AI co-pilot designed to increase productivity, providing secure and accurate solutions to streamline tax operations. Key features include AI-driven tax return reviews, client management tools, and integration capabilities for existing workflows, supported by resources like a blog, professional guidance, and an AI-powered answer library.
Monthly Visitors: 131.0K

TaxGPT Product Information

What is TaxGPT?

TaxGPT is an AI-powered tax assistant built for accountants and tax professionals. It serves as an AI co-pilot designed to increase productivity, providing secure and accurate solutions to streamline tax operations. Key features include AI-driven tax return reviews, client management tools, and integration capabilities for existing workflows, supported by resources like a blog, professional guidance, and an AI-powered answer library.

How to use TaxGPT?

To use TaxGPT, sign in and select your persona: Tax professional, Business, or Individual. You will be prompted to answer questions regarding your location, company size (if applicable), and how you discovered the platform. Based on your input, TaxGPT provides options to schedule a Google Meet for a product walkthrough or request a callback. Finally, enter your work email to proceed with your chosen option.

TaxGPT's Core Features

  • AI tax co-pilot for research, writing, and document analysis
  • Agent Andrew: AI-powered audit and review tool
  • Client management tools
  • AI-powered chatbot integration
  • Tax research and memo drafting
  • Document analysis

TaxGPT Use Cases

#1 Conducting tax research on client issues
#2 Uploading documents for summaries and next steps
#3 Analyzing prepared tax documents (1040, 1065, 1120, 1120-S, etc.)
#4 Drafting tax memos
#5 Responding to IRS notices
#6 Managing client communications
#7 Performing tax planning

FAQ from TaxGPT

What is Agent Andrew? +

Agent Andrew is an AI-powered audit and review tool that analyzes prepared tax documents, including forms 1040, 1065, 1120, 1120-S, and others. It produces a comprehensive, downloadable report featuring actionable insights and key findings categorized by three color-coded flags.

What kind of flags does Agent Andrew use? +

Agent Andrew uses red flags to reconcile tax returns against source documents, identifying errors such as transcription mistakes, omissions, misclassifications, and data mismatches. Yellow flags indicate cautionary items requiring review, such as classifications, carryovers, missing information based on prior-year data, bank information verification, and overpayment treatment. Green flags identify potential tax savings, such as overlooked home office deductions, retirement contributions, depreciation elections, and other common strategies.

How does TaxGPT ensure data security? +

TaxGPT protects all data using industry-standard security protocols and trusted platforms like AWS and Azure, prioritizing the protection of sensitive tax information.

TaxGPT Pricing

Free

$0

Free plan available.

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