Startup Ideas AI

Preparing personal taxes can be complex and time-consuming. An AI-powered platform that automates personal tax preparation by aggregating and analyzing financial data from various sources, such as bank accounts and investment platforms. The platform would identify eligible deductions and credits, calculate tax obligations, and generate accurate and optimized tax returns. Users would benefit from a simplified tax filing process and reduced errors.Market size: The global tax preparation software market was valued at $10.1 billion in 2020 and is expected to reach $30.4 billion by 2028 with a CAGR of 13.4%.