Taxly.ai

Taxly.ai

Taxly.AI is an AI-driven tax assistant that simplifies tax filing and management for individuals and small businesses in Australia.

About Taxly.ai

Taxly.AI is an AI-powered platform designed to streamline tax filing and financial management in Australia. It helps individuals, small business owners, and accountants optimize deductions, automate tax submissions, and stay organized with their finances. Features include automatic tax calculation, personalized savings tips, expense tracking, and seamless integration with accounting systems.

How to Use

Create an account using Google, Apple, or email, verify your email address, connect your bank accounts through Basiq, input details about your work and expenses, and let Taxly.AI analyze your data to identify deductions and prepare your tax return.

Features

Customized recommendations to maximize tax savings
Expense tracking and detailed management
Analysis of ATO tax return data
Automated tax submission process
Seamless integration with accounting software
AI-driven identification of tax deductions

Use Cases

Managing finances for small businesses
Filing individual tax returns efficiently
Supporting accountants with streamlined workflows

Best For

Small business ownersCertified Public Accountants (CPAs)Individual taxpayersFreelancersSelf-employed professionals

Pros

Enhances tax deduction maximization
Reduces time spent on tax tasks
Provides tailored financial insights
Access to expert CPA support
Secure, intuitive user interface
Simplifies the tax filing process

Cons

Dependent on Basiq for bank statement access
Mobile app development is ongoing
May require time to learn for new users

Frequently Asked Questions

Find answers to common questions about Taxly.ai

What is Taxly.AI and how does it work?
Taxly.AI automates tax filing and deduction calculations, making the process faster and more accurate for users.
How can small businesses benefit from Taxly.AI?
It saves time, helps maximize deductions, and ensures compliance with Australian tax laws.
In what ways does AI enhance Taxly.AI's features?
AI provides personalized saving recommendations, analyzes bank data, and identifies potential deductions automatically.
Is Taxly.AI secure for handling sensitive financial data?
Yes, it employs two-factor authentication and integrates securely with Basiq for bank statement access.
Can freelancers and self-employed individuals use Taxly.AI?
Absolutely, it is designed to assist freelancers and self-employed professionals with their tax management.