introducing tax autopilot<\/strong><\/p>\ntax autopilot is an ai-powered solution that accelerates federal and state tax compliance for individual tax forms (1040), allowing cpas to process significantly more returns with guaranteed speed and accuracy. this frees up cpas to focus on the human aspects of their job, such as building strong customer relationships, offering advisory services and prioritizing activities that drive predictable revenue growth for their firm. the product is initially launching in limited availability and will be generally available in early 2024.<\/p>\n
the platform is soc-2 compliant and allows accounting firms to upload tax documents and data into a secure, encrypted portal. tax autopilot then transforms the data and calculates the return, cutting a previously manual and time-intensive process, from days to seconds. the platform then generates both the tax return and supporting workpapers for a streamlined review. black ore offers a preliminary review of the tax returns and workpapers by its team of u.s.-based cpas, who hail from leading accounting firms including pwc, ey, baker tilly and grant thornton, before sending the final documents back to the accounting firm for submission.<\/p>\n
\u201cblack ore has the potential to be an ai game changer for firms, delivering innovative solutions that speed scale and efficiency, and promote client satisfaction,\u201d said jim bourke, managing director of advisory services at withum. \u201cuntil now, firms have largely invested in growing other parts of their business at the expense of tax compliance due to staffing challenges and reliance on manual processes. today\u2019s launch of tax autopilot can pave the way for firms to leverage ai automation solutions to tackle the most time-consuming, table stakes firm offerings, freeing up billable hours to focus on higher value client advisory work.\u201d<\/p>\n
about black ore<\/strong><\/p>\nblack ore offers an ai and automation platform that accelerates core workflows for financial services businesses and simplifies the experience for their clients. its flagship product, tax autopilot, combines its proprietary ai technology with federal and state tax codes & regulations\u00a0 to automate the tax preparation and review process. the company is backed by top-tier vc firms including a16z, founders fund, general catalyst, khosla ventures, oak hc\/ft, trust ventures and numerous angel investors. based in austin, tx, black ore technologies was founded in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"
black ore emerges from stealth with $60 million in funding to launch<\/strong> tax autopilot, an “autonomous” tax prep app for cpas and accounting firms.<\/strong><\/p>\nby 卡塔尔世界杯常规比赛时间 research<\/em> \nvia black ore<\/em><\/p>\n","protected":false},"author":17,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_relevanssi_hide_post":"","_relevanssi_hide_content":"","_relevanssi_pin_for_all":"","_relevanssi_pin_keywords":"","_relevanssi_unpin_keywords":"","_relevanssi_related_keywords":"","_relevanssi_related_include_ids":"","_relevanssi_related_exclude_ids":"","_relevanssi_related_no_append":"","_relevanssi_related_not_related":"","_relevanssi_related_posts":"","_relevanssi_noindex_reason":"","footnotes":""},"categories":[3120,3002,2246,2306],"tags":[3993],"class_list":["post-119199","post","type-post","status-publish","format-standard","hentry","category-pro-member-exclusive","category-special","category-busy-season","category-tech-and-fintech","tag-private-equity"],"acf":[],"yoast_head":"\nvcs plunk $60 million into ai-powered 'autonomous' tax prep - 卡塔尔世界杯常规比赛时间<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n