Tax Season: april Now Offers AI Powered Tax Filing Product, Aims to Provide Consumer Friendly Process

april has announced a tax filing product in partnership with multiple Fintechs. april (April Tax Solutions) claims to be the first artificial intelligence (AI) powered tax system available. The company states that its tax filing product is now available with Acorns, B9, Moves, Mercury Financial as well as other financial services firms and Fintechs.

april garnered solid investments from  QED Investors, the founder of both Acorns and Betterment, Nyca Partners, Team8, and others.

april claims to be disrupting the antiquated tax experience. If this statement is valid, millions should rejoice.

Ben Borodach, co-founder and CEO of april, says tax tech has failed to meet the needs of a dynamic economy for decades. Borodach says that are bringing innovation to help Americans before, during, and after tax season.

The company states that in 2022, taxpayers spent a whopping 6.5 billion hours filing taxes and $17 billion on filing tools, such as tax preparation services and software. This data point proves the US tax system is broken. Not to mention the challenges of dealing with tax authorities representing the state, and local jurisdictions as well as federal requirements.

april states that by embedding tax intelligence everywhere financial decisions are made, consumers can gain control of their tax situation.

april CTO and co-founder Daniel Marcus points to the fact that the IRS runs a 60-year-old infrastructure that not only challenges individuals but challenges tech platforms.

“Our solution can bring Americans financial confidence by delivering the most personalized tax filing with over one septillion possible paths to a return, so users can expect more accurate returns, real-time estimations and optimizations throughout the year.

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