Deduction
Deduction pairs AI tax guidance with CPA review to handle complex US tax filings securely and accurately.
About Deduction
Deduction combines an AI tax assistant called Taylor with licensed CPA oversight to deliver trustworthy tax preparation. Taylor understands US tax law and answers questions in plain English, runs hypothetical scenarios to explore tax implications, and organizes your documents into IRS-ready forms. This hybrid workflow removes guesswork by having real CPAs review and sign off on every return before filing, giving you confidence that your taxes are accurate.
The platform excels at managing complicated tax situations that standard consumer tools struggle with. Whether you're dealing with RSUs, ISOs, NSOs, cryptocurrency trades, rental properties, K-1 partnerships, or multi-state filing requirements, Deduction's AI learns your specific circumstances and provides tailored guidance. The secure document Vault uses bank-grade encryption to store sensitive tax records, and you can selectively share documents or forward them by email for easy organization.
Deduction stands behind its work with a 100% accuracy guarantee. If a mistake caused by the platform results in IRS interest or penalties, the company covers those costs under its terms. This commitment reflects confidence in both the AI's analysis and the CPA review process, making it a viable option for individuals and self-employed professionals with non-standard tax profiles.
Features
- Taylor, CPAI tax assistant: An AI agent trained on U.S. tax law that answers tax questions in plain English, runs “what if” scenarios, and prepares returns for CPA review.
- Hybrid AI plus CPA workflow: Taylor, CPAI organizes documents, analyzes your situation, and produces IRS ready forms, which are then checked and signed off by licensed CPAs before filing.
- Complex tax scenario support: Designed for RSUs, ISOs, NSOs, crypto trades, rental properties, K 1s, and multi state filing that often break standard consumer tax tools.
- Secure document Vault: A personal Vault stores tax documents with bank grade, IRS recommended encryption, with selective document fetching plus simple uploads and email forwarding.
- 100% accuracy guarantee: If a mistake caused by Deduction results in interest or penalties, the firm covers those costs, subject to its terms.
Pros
Cons
Deduction Pricing Plans
Free usage
Free
