Tabby's AI engine scans the transaction flow and automatically identifies expenditure items that may be eligible for tax deduction, such as home office rent, business car expenses, and so on. On the 'Tax' page, the system lists all potential deductions and the basis for judging them, supporting users in filtering and confirming them and generating a standardized deduction report. This enables freelancers and 1099 workers to systematically organize their deductible expenses, ensuring tax compliance and effectively reducing taxable income. This feature saves users significant tax filing time and accounting costs each year.
This answer comes from the articleTabby: an AI automated bookkeeping tool for small businesses and freelancersThe
May not be reproduced without permission:AI productivity tools " Tax deduction recognition feature helps users maximize legitimate tax savings
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