Tax Support

Automate and improve tax compliance and audit accuracy using AI-driven solutions

Business impact

• Compliance rate — Higher accuracy and timeliness in meeting tax regulations and filings
• Audit accuracy — More precise identification of tax issues and anomalies during audits
• Risk mitigation — Early detection and reduction of tax compliance and financial risks
• Client satisfaction — Faster, more reliable tax services increase client confidence and loyalty
• Operational efficiency — Automation reduces manual effort and accelerates tax processing times

Data requirements

• Financial transaction records (Structured) — Used to analyze tax-relevant activities and detect anomalies
• Tax filings and returns (Structured) — Provide historical compliance data for predictive modeling
• Legal and regulatory documents (Text) — Inform AI models about current tax laws and compliance requirements
• General ledger accounts (Structured) — Mapped and standardized for tax reporting and analysis
• Invoices and receipts (Text) — Extracted via OCR to validate tax deductions and liabilities

AI methods and techniques

• Predictive AI — Forecast tax liabilities and identify potential compliance risks early
• Generative AI — Generate narrative tax reports and personalized tax-saving strategies
• Agentic AI — Automate end-to-end tax compliance workflows with minimal human intervention

AI models and model families

GPT-4, Claude, In-house RAG-based AI engines, KPMG Digital Gateway AI assistant

Industries

Real-world evidence

4 documented case studies on record.

Companies using this: Baker Mc Kenzie, Finally, KPMG, Prosperr.