TaxGPT 1.2.5

TaxGPT has been developed by tax professionals with the goal of enhancing the productivity and profitability of tax and accounting firms. It streamlines complex tasks such as tax research, memo drafting, responses to IRS notices, and client correspondence, aiming to increase efficiency by an estimated tenfold.

The Future of Tax Work – Why Consider TaxGPT?

• Reduces research time by up to 90%
• Provides immediate answers to intricate tax questions
• Facilitates effortless generation of tax memos, correspondence, and client communications
• Maintains high standards of data security through advanced encryption and compliance measures

Key Features:

Comprehensive Tax Research & Documentation

• Offers fast, accurate, and sourced responses tailored for tax professionals, eliminating the need for extensive manual research
• Enables quick analysis of complex scenarios, memo drafting, responses to tax authorities, and client communication with clarity and compliance
• Built on state-of-the-art AI models (GPT-4o, Claude 3.5 Sonnet) supported by relevant tax datasets, providing jurisdiction-specific insights across federal, state, and US territories
• Delivering real-time, authoritative answers backed by current sources
• Generates professional drafts for memos, official correspondence, and client-facing materials
• Supports seamless communication across federal, state, and territorial jurisdictions with up-to-date information
• Reduces hours spent on research and documentation, allowing professionals to focus on strategic advisory services

Document Upload Functionality

• Allows secure uploading of client tax documents directly into profiles for personalized research and analysis
• Facilitates targeted questions related to uploaded files, enabling customized insights and efficient communication with clients
• Supports secure sharing of documents and correspondence, including IRS notices and authority letters
• Assists in performing audit checks and drafting responses within the platform

Data Security and Confidentiality

• Employs industry-leading AES-256 encryption for data at rest and in transit
• Fulfills SOC 2 compliance standards for data management practices
• Utilizes third-party servers compliant with FISMA, DIACAP, and FedRAMP requirements
• Your sensitive information remains confidential; data is never used for AI training purposes

AI Response Accuracy – Hallucination Prevention

• Incorporates proprietary measures to minimize AI hallucinations, ensuring reliability in responses
• Responses are reviewed by experienced tax professionals to verify accuracy before delivery
• The AI is trained on comprehensive tax laws and regulations to deliver the most current information available for sound decision-making