Deduction

Deduction is a modern tax firm that combines artificial intelligence with human expertise to simplify tax preparation and filing. The core of the service is Taylor CPAI, an AI tax assistant that handles organization, analysis, and communication. Users can interact through natural conversation via email, chat, or phone, eliminating the need for complex forms and questionnaires. The AI helps with everything from answering tax questions to providing proactive planning advice on retirement contributions, startup equity, and other financial matters.

What sets Deduction apart is the combination of AI efficiency with licensed CPA oversight. While Taylor CPAI handles the day-to-day interactions and preliminary work, every tax return is reviewed and filed by human CPAs who remain involved throughout the process. The service includes a secure document vault with enterprise-grade encryption where users can upload tax documents, and the AI can proactively retrieve certain financial records. The firm offers a guarantee that covers interest and penalties in the rare case of errors made on their part.

Deduction works best for individuals and small business owners who want professional tax help without the traditional delays and high costs of accounting firms. The service is particularly valuable for people with complex tax situations who need ongoing advice throughout the year, not just during tax season. New clients pay $499 for unlimited year-round CPA-reviewed advice and annual filing, while existing clients continue at their previous rate.