What problem does Taxhance AutoKey solve for tax professionals?
Taxhance AutoKey automates the manual data entry of tax documents into tax preparation software. It reads forms like W-2s, 1099s, K-1s, and 1098s, extracts the data, and types the approved values directly into the software, eliminating the need for CPA firms to chase clients for documents and manually input data. This is demonstrated in the product's homepage description and workflow.
In what situations is Taxhance AutoKey typically used?
Taxhance AutoKey is used during tax preparation to automatically extract data from client-provided PDFs, scans, and phone photos. It is specifically designed for processing common tax forms such as W-2s, 1099s, K-1s, and 1098s, as shown in the 'How it works' section of the homepage, which illustrates the process of uploading documents and having them automatically identified and parsed.
Who is the target user for Taxhance AutoKey?
Taxhance AutoKey is designed for CPA firms and tax professionals who need to process large volumes of tax documents. The product's description explicitly mentions freeing 'CPA firms from chasing clients for missing documents,' and the homepage focuses on workflows relevant to tax preparers using specific software like Drake Tax and ProConnect.
What key features does Taxhance AutoKey offer?
Taxhance AutoKey offers autonomous data entry, AI-powered document sorting, duplicate detection, and side-by-side review with the source PDF. It integrates with specific tax software, currently supporting Drake Tax and ProConnect live, with CCH Axcess, Lacerte, and UltraTax listed as 'coming soon.' The platform also provides built-in checks, such as SSN and tax-year validation, as detailed in the 'Review with the source in sight' section.
How is Taxhance AutoKey priced?
Taxhance AutoKey offers a free trial of 5 returns on every new account, after which it uses per-return pricing starting from $12.50. This pricing structure is explicitly stated in the product's meta description and on the homepage near the 'Start free' call-to-action.
What is Taxhance?
Taxhance is a workflow automation platform that uses AI to automate tax document collection and data entry for CPA firms. Its primary tool, AutoKey, reads tax forms and integrates the data into tax preparation software, aiming to reduce manual work during tax season.