About Deduction
Deduction is an AI-powered tax assistant designed to simplify tax filing and financial planning by combining artificial intelligence with licensed CPA support. It works like a personal tax advisor that can answer questions, find deductions, and prepare tax returns in plain English. The main purpose is to make tax preparation faster, easier, and more accurate while still ensuring professional human review.
Feature Highlights
AI tax assistant (CPAI) that answers tax questions in simple language
Automatic deduction discovery and tax optimization suggestions
Year-round tax planning support, not just seasonal filing
Document handling through a secure digital vault
Human CPA review for accuracy before final tax submission
Supports complex tax situations like crypto, stock options, and rentals
State and federal tax filing coverage across all 50 states
Use Cases
Preparing and filing personal or business tax returns
Finding eligible deductions to reduce tax liability
Managing taxes for freelancers, side hustles, and self-employed users
Handling crypto, investment, and stock-related tax reporting
Getting quick answers to tax-related questions without waiting for a CPA
Planning taxes throughout the year instead of only during tax season
Helping startup founders manage early-stage financial compliance
Assisting financial advisors in reviewing client tax scenarios
Supporting tax education and learning for students or beginners