Reconcile

What is Reconcile?

Reconcile is an AI-powered tax filing solution that simplifies the tax preparation process by securely connecting to banks and financial institutions, analyzing financial data, providing tax estimates, and offering strategies for maximizing tax savings tailored to individual circumstances. The platform connects securely to over 9,000 banks and financial institutions, ensures comprehensive access to financial data for precise tax deductions, and provides real-time AI-tax assistance for users' queries. The AI engine of Reconcile works by securely connecting to users' financial accounts, analyzing data, and generating precise tax estimates customized to individuals' unique situations. The platform offers personalized tax-saving strategies by identifying potential deductions and credits based on the user's financial situation and goals. Furthermore, Reconcile's AI-tax assistance is available 24/7, providing instant answers to users' queries and empowering them with accurate information on complex tax concepts. The accuracy of tax filing with Reconcile is ensured through the combination of their AI engine and a team of experienced tax professionals who review questions and actions meticulously before execution.

Who created Reconcile?

Reconcile was created by founders who were once small business owners looking to simplify bookkeeping and accounting processes for others. The platform was launched on May 22, 2023, with the mission to free small business owners from manual bookkeeping burdens and allow them to focus on scaling their businesses. Reconcile's solution is designed to be up to 99% automated, aiming to provide quality work at a lower cost than traditional accountants.

What is Reconcile used for?

• Ensures accuracy with human expertise
• Personalized for individual circumstances
• Analyses all financial accounts
• Real-time tax-related guidance
• Securely connects to banks and financial institutions
• Generates precise tax estimates
• Provides personalized tax-saving strategies
• Offers real-time AI-tax assistance
• Connects to over 9,000 banks and financial institutions
• Empowers users in understanding complex tax concepts
• Handles both bookkeeping and brokerage accounts
• Demystifies complex tax concepts
• Maximizes tax savings by identifying deductions and credits
• Ensures the accuracy of tax filing

Who is Reconcile for?

• Small Business Owners
• Self-employed individuals
• Multipreneurs

How to use Reconcile?

To use Reconcile effectively, follow these steps:

1. Sign up for an account on Reconcile's platform.
2. Connect your financial accounts securely to Reconcile, which can link to over 9,000 banks and financial institutions.
3. Allow Reconcile to analyze your financial data to generate precise tax estimates tailored to your individual circumstances.
4. Utilize Reconcile's AI-powered platform to identify potential deductions, credits, and receive personalized tax-saving strategies.
5. Access real-time AI-tax assistance anytime to get instant answers to your queries and clarify complex tax concepts.
6. Benefit from the expertise of Reconcile's team of tax professionals, who review questions and actions for accuracy.
7. Choose a suitable plan based on your business needs, such as Automated, Semi-automated, or AI-Human combo, which offer various levels of AI assistance and human support.
8. Enjoy secure data handling with industry-leading encryption and security measures to protect your sensitive information.

By following these steps, you can leverage Reconcile's AI capabilities and personalized strategies to streamline your tax preparation process effectively and maximize your tax savings while ensuring accuracy and data security.