Cloud accounting software that automates bookkeeping, invoicing, and financial reporting for small and growing businesses.
Keepertax
$199Starting price
0Popularity
About Keepertax
Keepertax Ask an AI Accountant is the perfect free tool to help you stay on top of the ever-changing US tax system. With this AI-based resource, you can ask any questions related to taxes and get an answer that is trained on the latest tax changes for 2023. The AI has analyzed US tax law and all the federal and state tax legislation changes since 2021 to provide you with reliable and up-to-date information. Additionally, a human tax professional reviews every answer to ensure accuracy, and provides users with any relevant comments. With Keepertax Ask an AI Accountant, you can easily stay informed and make sure you are paying the right amount of taxes. Get the answers you need quickly and accurately, and take the hassle out of dealing with the tax system.
Key features
- Get accurate, up-to-date information on US tax law
- Ask questions related to taxes and get an answer
- Receive review and comments from a human tax professional
Use cases
- Individuals seeking guidance on US tax laws and regulations
- Businesses looking for expert advice on tax compliance
- Tax professionals needing reliable information on tax changes
Pros
- Provides AI-generated tax answers fine-tuned on U.S. tax law and updated regularly
- Human tax professionals review and grade AI responses for accuracy
- Covers a wide range of tax scenarios including federal, state, and local laws
- Offers tools like tax calculators and educational resources for tax planning
- Supports diverse user groups such as W-2 employees, freelancers, business owners, and expats
Cons
- Not all questions are graded by human professionals, limiting verification for some responses
- Excludes corporate tax questions and non-English inquiries from official grading
- Accuracy may vary for overly ambiguous or contentious tax topics
- Limited to U.S. individual tax law, excluding broader financial advisory needs
Frequently asked questions about Keepertax
What is Keepertax Ask an AI Accountant?
Keepertax Ask an AI Accountant is a tool that provides AI-generated answers to US tax-related questions, trained on federal and state tax laws, IRS announcements, and recent updates. Each answer is periodically reviewed by human tax professionals to ensure accuracy.
Who should use Keepertax Ask an AI Accountant?
The tool suits W-2 employees, 1099 contractors, self-employed individuals, business owners, parents, students, homeowners, investors, property managers, retirees, and expats navigating US tax questions.
How accurate are the AI-generated tax answers?
The AI has demonstrated 96% accuracy in evaluations, compared to 94% for human tax professionals, based on standardized tests and blind grading by vetted CPAs, EAs, and JDs. Answers are periodically fact-checked by human reviewers.
What types of tax questions can the AI answer?
The AI can address questions related to federal and state tax laws, deductions, tax filing, amendments, planning, and specific scenarios like gig work, investments, or education expenses. It excludes corporate tax and financial advisory inquiries.
How quickly does the tool provide answers?
Answers are generated and displayed within approximately 10 to 40 seconds after submitting a question. The response appears directly below the input window.
How can I access Keepertax Ask an AI Accountant?
Users can create a free Keeper account to ask tax questions. The tool is accessible via the Keepertax website, where users can log in and interact with the AI accountant.
