What is it

FlyFin is an AI-powered tax automation service that simplifies tax preparation for self-employed individuals, freelancers, and small business owners. It uses artificial intelligence to scan expenses and identify every potential tax deduction, maximizing savings and minimizing the time and effort spent on tax filing.

Key features

• AI-Driven Tax Service: Utilizes artificial intelligence to uncover every possible tax deduction.
• Automated Scanning: Automatically scans users' expenses for deductions.
• Expert Tax CPAs: Employs experienced tax CPAs for accurate tax review and filing.
• Customized Tax Report: Provides an industry-leading, in-depth tax report prepared by CPAs and AI.
• Secure Account Linking: Allows users to securely link their accounts.
• Flexible Deduction Management: Users can accept, reject, or ask CPAs to evaluate deductions.
• Multiple Plans: Offers three plans: Basic, Standard, and Premium.
• 7-Day Free Trial: Users can try FlyFin free for seven days and cancel anytime.
• Premium Benefits: Premium plan includes tax filings with a CPA, tax audit insurance, and unlimited CPA advice.
• Accurate Quarterly Tax Calculator: Offers the world's most accurate quarterly tax calculator based on income and deductions.

Pros

• Streamlines tax preparation and optimizes tax deductions for self-employed individuals.
• Automates expense scanning and deduction identification using advanced AI.
• Provides expert tax advice and insights from experienced CPAs.
• Offers flexible deduction management, allowing users to customize their tax strategy.
• Enhances accuracy and efficiency in tax filing, reducing the risk of errors.
• Saves time and effort by automating the majority of tax-related tasks.

Cons

• May not be suitable for complex tax situations that require extensive manual review.
• Premium plan with access to CPA services comes at an additional cost.

Summary

FlyFin is a comprehensive AI-driven tax service that simplifies tax preparation and maximizes savings for self-employed individuals. Its automated expense scanning, expert CPA support, and flexible deduction management empower users to optimize their tax deductions and minimize their tax burden. While the premium plan offers additional benefits, the Basic and Standard plans provide essential features for efficient tax filing.