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Introduction to Tax Practice AI - December 29, 2025

HIGHLY CONFIDENTIAL

This document contains proprietary business strategy and cost information.

Attendees: TBD Purpose: Initial presentation of Tax Practice AI system and strategy


Resource Description
Platform Demo NEW 2.5-minute video walkthrough
System Presentation Visual overview (16 slides)
Cost Detail Full cost analysis
AI Delegation Strategy Model routing rules
Process Flows Workflow states

Agenda

0. Platform Demo (~30 sec)

UPDATED: Live Demo Video

Watch the Demo

Latest: demo_recordings/demo_full_flow_20251228_093114.webm

Quick walkthrough of the working prototype:

  • Login & authentication
  • Dashboard with practice metrics
  • Client management (list, detail views)
  • Tax year dropdown with dynamic years
  • 3-panel analysis workspace
  • Document viewer and management
  • AI Analysis (clickable insights)
  • AI Chat Q&A

Video recorded December 28, 2025 - shows current functionality with seed data.


1. System Overview

Reference: Presentation Slide 3

What is Tax Practice AI?

  • The Problem: Manual document processing, research, and client follow-up consume preparer time
  • Our Solution: AI handles routine work, humans handle judgment calls
  • The Value: 50%+ time savings, fewer errors, better client experience
  • Target Market: Small to mid-size tax firms (500-5,000 returns/year) using UltraTax CS

2. Process Flow Overview

Reference: Presentation Slide 3

Process Flows

Five-step AI-assisted workflow:

  1. Intake - Client onboarding, ID verification, engagement letters
  2. Documents - Client uploads, AI classifies & extracts, prior year comparison
  3. Analysis - AI generates worksheets, preparer Q&A assistant, anomaly detection
  4. Review - AI quality check, human approval, client review
  5. E-File - Transmit to IRS, track acceptance, handle rejections

AI involvement concentrated in steps 2-4. Humans make final decisions.


3. V1 Companion (Client Portal)

Reference: Presentation Slide 4

V1 Companion Requirements

Client Experience: - Mobile document upload (snap W-2s from phone) - AI Q&A chat (24/7) - Status dashboard - E-signatures (engagement letters, 8879)

Firm Benefits: - Reduced follow-up (AI asks missing questions) - Complete packages upfront - Secure by default - Better client retention

Integration Points: SurePrep (OCR), UltraTax CS (tax/e-file), SmartVault, Persona, Google Workspace, Stripe


4. Economics & Pricing

Reference: Presentation Slides 5-6, 10-11

Cost Detail

The Bottom Line: - We charge: $20-30/return (recommend $25 launch price) - Our cost: $0.76/return at scale - Gross margin: 96%

Pricing Tiers:

Tier Price Description
Standard $20/return Haiku extraction + Sonnet analysis
Professional $30/return Standard + Opus escalation (10%)
Expert $50/return Opus-primary for all analysis

5. AI Model Delegation

Reference: Presentation Slide 7

AI Delegation Strategy

Three AI "tiers" like hiring staff:

Model Analogy Cost Use Cases % of Work
Haiku Junior Associate $0.25/M tokens Document sorting, simple forms, FAQs 60%
Sonnet Senior Associate $3.00/M tokens K-1 analysis, preparer Q&A, comparisons 35%
Opus Tax Partner $5.00/M tokens Complex research, final review, judgment 5%

Smart routing: Don't send simple tasks to the "Partner"


6. Cost Optimization Strategies

Reference: Presentation Slides 8-10

Cost Detail - Sections 5-6

Batch Processing (50% cheaper): - Queue non-urgent work overnight - Results ready by 8 AM - Use for: document processing, analysis, QA review - Savings: ~$0.10/return

Smart Caching (75% token reduction): - Extract document data once, cache summary - Subsequent queries use cached metadata - Savings: ~$0.11/return

Cost Journey: $0.64 → $0.33 → $0.23 → $0.12/return (81% reduction)


7. Competitive Positioning

Reference: Presentation Slide 12

Cost Detail - Section 8

Solution Price What You Get
SurePrep $12-100/return Document scanning, data extraction
Tax Practice AI $20-30/return Above + AI analysis, Q&A assistant, worksheets
UltraTax CS $7K-25K/year Tax calculations, e-filing (we integrate with this)

Positioning options: - Replace SurePrep (save $0-80/return) - Complement SurePrep (add AI value for $20-30)


8. Revenue Projections

Reference: Presentation Slide 11

At $25/return with 96% gross margin

Client Firms Returns Revenue Cost Profit
1 firm 1,000 $25,000 $3,040 $21,960
5 firms 5,000 $125,000 $6,320 $118,680
10 firms 10,000 $250,000 $10,420 $239,580
25 firms 25,000 $625,000 $22,720 $602,280
50 firms 50,000 $1,250,000 $43,220 $1,206,780

Discussion Topics

Reference: Presentation Slide 14

Pricing Strategy: - Fixed $25/return for everyone, or tiered by complexity? - Volume discounts at 2,500 / 5,000 / 10,000 returns? - Annual commitment or month-to-month?

Market Strategy: - Position as SurePrep replacement or complement? - Demand for $50/return "Expert" tier? - Charge separately for post-season Q&A support?


Discussion Notes

(To be captured during meeting)


Decisions

(To be captured during meeting)


Action Items

(To be captured during meeting)