This task can be performed using Lucid
One Solution for All Your Business Finances
Best product for this task
Lucid
fintech
Bookkeeping, Taxes, Tax Credits, and CFO Services - all in one, powered by real-time AI and backed by a team of experts. Smart tech meets smarter humans. We handle the numbers. You lead the business.
What to expect from an ideal product
- Lucid's real-time AI scans your financial data continuously to spot tax deductions you might miss, like business expenses, equipment purchases, and operational costs that add up throughout the year
- The platform automatically identifies and applies for available tax credits based on your business activities, from R&D credits to small business incentives, without you having to research what qualifies
- Expert tax professionals review your books monthly to catch deduction opportunities early, rather than scrambling at year-end when it's too late to make strategic moves
- Smart categorization of expenses happens as transactions occur, so every business meal, office supply, and travel cost gets properly classified for maximum deduction potential
- The CFO services team provides year-round tax planning advice, helping you time major purchases and business decisions to optimize your tax position before filing season
