FlyFin

AI-powered tax service for self-employed, maximizing deductions with CPA expertise.

by Flyfin Tax · Tax Compliance

Executive Summary

FlyFin AI is an innovative tax solution designed for self-employed individuals, freelancers, independent contractors, and small business owners. It leverages artificial intelligence to automate the tedious process of identifying and tracking tax deductions. By connecting to over 2,000 financial institutions, FlyFin's AI engine automatically scans transactions to pinpoint eligible business expenses, ensuring users maximize their tax write-offs. Beyond automated deduction detection, FlyFin provides access to a team of expert CPAs. These tax professionals review the AI-identified deductions, offer personalized tax advice, and assist with the final filing of self-employment taxes, including forms like Schedule C. This hybrid approach combines the efficiency of AI with the accuracy and assurance of human expertise, simplifying tax compliance and reducing tax liabilities for its users. FlyFin aims to make tax filing effortless, offering a comprehensive service that covers everything from expense tracking throughout the year to preparing and filing federal and state tax returns. It also caters to specific business structures like LLCs, providing tailored support to ensure all relevant deductions are claimed and compliance requirements are met. FlyFin also offers solutions for CPAs and firms to automate tax filing processes for their clients.

Use Cases

  • Automated deduction tracking for freelancers and self-employed individuals.
  • Filing self-employment taxes with expert CPA support.
  • Maximizing tax write-offs for business expenses and home office deductions.
  • Ensuring tax compliance for LLCs and small business owners.
  • Automating tax filing processes for CPAs and tax firms.

Features

Visibility

  • Deduction Tracking Dashboard: View and manage all identified deductions and income in one place.

Intelligence

  • AI Deduction Detection: Automatically scans transactions from linked financial accounts to identify eligible tax write-offs.
  • CPA Review & Consultation: Access to expert CPAs for review of deductions and personalized tax filing advice.

Support

  • Expert CPA Support: Direct access to CPAs for personalized tax advice and filing assistance.

Technical Specifications

Deployment
SaaS
API Available
No

AI/ML Stack

  • A.I. deduction detection

Pricing

Model
Subscription
Starting Price
See app for pricing
Target Customer
SMB,Freelancers,Self-Employed,Independent Contractors,LLCs,CPAs & Firms
Contract Type
Annual (upfront payment)
Free Trial
Yes, 7 days

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