Taxly

What is Taxly.AI?

Taxly.AI is an AI-powered tax application designed to streamline the tax filing process for individuals, freelancers, and self-employed professionals in Australia. It automates tax estimations and ensures efficient tax filing with real-time expense tracking and deduction identification.

Key Features and Benefits
  • Automated Tax Calculations: AI algorithms scan transaction data to find eligible deductions and calculate taxes efficiently.
  • Real-Time Expense Tracking: Provides automatic categorization of expenses, ensuring accurate deductions.
  • CPA Support: Offers access to certified CPA experts for personalized tax advice and compliance assistance.
  • Multi-Income Stream Support: Ideal for users with multiple sources of income, including side gigs and freelance work.
  • Secure Data Handling: Ensures robust encryption and strict privacy measures to protect user data.
Pros & Cons

Pros:

  • Simplifies the tax filing process with automated features.
  • Helps maximize tax deductions with AI-powered analysis.
  • Provides expert human support when needed.

Cons:

  • Currently tailored to the Australian tax system, which may limit its use to Australia only.
  • Relies on user input for transaction data, which requires accurate record-keeping.
Who is Using Taxly.AI?

Taxly.AI is tailored for freelancers, self-employed individuals, and sole traders in Australia who require efficient tax management solutions to handle multiple streams of income and complex tax scenarios.

How Much Does Taxly.AI Cost?
Plan Name Free Premium Business
Price $0 $25/mo $50/mo
Features Basic tax calculations and deduction tips Advanced tax saving strategies and CPA support Comprehensive tax management for multiple income streams and full CPA support
Summary

Taxly.AI offers a practical solution for automating and simplifying tax filing, particularly for freelancers and self-employed individuals in Australia. With features like real-time expense tracking and AI-enhanced deduction scanning, it helps users stay compliant while maximizing their tax savings. The added benefit of expert CPA support ensures that users can get personalized advice and resolve complex tax issues effectively.

Taxly AI powered tax assistant for self-employed
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