Taxly.ai

Taxly.ai is an AI-powered tax assistant designed to streamline the tax filing and preparation process in Australia. By eliminating the need for cumbersome paperwork, this tool automates tax deductions and filing, ensuring a more efficient experience. Tailored specifically for self-employed individuals, Taxly.ai allows users to connect their bank account information, enabling the AI to accurately identify eligible deductions. With its comprehensive automation capabilities, Taxly.ai facilitates every step of the tax process, all while providing personalized recommendations to maximize tax savings.

Taxly.ai - Hassle-Free Tax Filing and Professional Tax Preparation

Taxly.ai revolutionizes the tax filing process for freelancers, self-employed individuals, and sole traders in Australia by providing a comprehensive suite of features designed to simplify and maximize tax savings.

Core Features

• Automated Tax Deductions and Filing
  Effortlessly manage tax deductions with an automated system that handles filings on your behalf.

• Maximization of Deductions
  Ensure maximum savings with a focus on identifying and utilizing all eligible deductions.

• Secure and User-Friendly Interface
  Experience a safe and intuitive platform designed for ease of use, making tax management straightforward.

• Expert CPA Support and Guidance
  Access professional support from Certified Public Accountants (CPAs) for expert advice and assistance whenever needed.

• Personalized AI-Based Recommendations
  Benefit from tailored suggestions powered by AI, focused on optimizing tax savings based on individual circumstances.

• Integration with Accounting Software
  Seamlessly connect Taxly.ai with various accounting tools to maintain efficient financial oversight.

Features for Freelancers and Self-Employed Individuals

• AI Automated Tax Assistance
  Utilize AI capabilities that diligently scan for every possible deduction, enhancing efficiency by up to 98%.

• 24/7 Expert CPA Support
  Connect with knowledgeable CPA professionals around the clock for clarity on expense types and deduction categories.

• API Integrations
  Effortlessly integrate with any accounting software to streamline financial management and reporting.

• Intuitive User Interface
  Benefit from a fast, reliable, and user-friendly tax app tailored for self-employed individuals in Australia.

• View Your Tax Activity
  Monitor and manage your Australian income taxes with ease using the comprehensive tax management dashboard.

• Tax Records in One Place
  Consolidate all transaction records in a single location for seamless management and accessibility.

Taxly.ai stands out as an essential tool for those navigating the complexities of tax filing, ensuring a stress-free and efficient experience.

Frequently Asked Questions (FAQ) about Taxly.ai

What is Taxly.ai?

Taxly.ai is an advanced AI-powered tax application designed for individuals, freelancers, and self-employed professionals. It streamlines tax filing processes with automated estimations powered by artificial intelligence.

How to use Taxly.ai for hassle-free tax filing and professional tax preparation?

To utilize Taxly.ai, sign up using a Google or Apple account, or create an account with an email address. Verify the account through two-factor authentication for enhanced security. Enable reminders for tax deductions and input information regarding work status and expenses. Connect bank statements to automatically import transactions. Taxly.ai will analyze the statements, display individual expenses for tax deductions, and assist in accurately filing Australian tax returns.

Can I track multiple income sources with Taxly.ai?

Yes, Taxly.ai allows users to track multiple income streams and side gigs, making it an ideal choice for freelancers and gig workers.

Is my financial data safe on Taxly.ai?

Yes, Taxly.ai prioritizes data security through robust encryption and stringent privacy measures to protect user information.

Does Taxly.ai offer real-time expense tracking?

Yes, Taxly.ai provides real-time expense tracking along with automatic categorization to ensure accurate deductions in compliance with ATO tax guidelines.

What deductions does Taxly.ai identify for freelancers?

Taxly.ai employs artificial intelligence to scan and detect eligible deductions such as business expenses, home office costs, and travel expenses specifically for freelancers.

How does Taxly.ai help with quarterly taxes?

Taxly.ai features an advanced AI quarterly tax calculator that estimates quarterly tax payments, ensuring timely submissions and avoiding penalties.