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Neo.Tax
Generate Audit-Ready R&D Tax Credit and Software Capitalization Outputs with AI.

What is Neo.Tax?

Neo.Tax utilizes artificial intelligence to assist tax and accounting teams in managing R&D tax credits (§41) and software capitalization. The platform aims to replace traditional methods like surveys and interviews by using contemporaneous documentation derived directly from engineering tools and systems. This approach streamlines the process, significantly reducing the time required from months to days while ensuring the outputs are audit-ready.

Designed specifically to handle messy and incomplete data often found in engineering workflows, Neo.Tax integrates seamlessly with existing systems without requiring changes to engineers' processes. It offers a transparent AI system where all outputs are fully traceable, ensuring clarity and compliance. The platform emphasizes data security, accessing only essential information needed for IRS compliance and providing users with controls over their data.

Features

  • AI-Powered R&D Tax Credit Study (§41): Automates the generation of R&D tax credit documentation using AI, replacing manual interviews.
  • AI-Driven Software Capitalization: Integrates with engineering tools to capitalize development costs in real-time.
  • Unified Workflow: Combines R&D tax credit and software capitalization processes.
  • Built for Messy Data: AI capable of processing incomplete and unstructured engineering data.
  • Transparent & Audit-Ready Outputs: Provides fully traceable results suitable for audits.
  • Data Security Focus: Emphasizes secure handling of sensitive financial and engineering data.

Use Cases

  • Automating R&D tax credit (§41) claims.
  • Streamlining software development cost capitalization.
  • Improving tax compliance efficiency for businesses with R&D activities.
  • Reducing manual data collection and interviews for tax reporting.
  • Generating transparent and audit-ready tax documentation.
  • Integrating engineering data directly into tax workflows.

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