AI-powered tracking that automatically categorizes expenses and identifies deductions you might miss.
Tracking business expenses is essential for maximizing deductions—but it's tedious and easy to miss things. AlphaTax's Deduction Tracker uses AI to automatically categorize expenses, identify potential deductions, and ensure nothing falls through the cracks. Upload receipts, connect accounts (coming soon), or manually enter expenses—AlphaTax handles the categorization.
Upload receipts, import statements, or manually enter business expenses.
AlphaTax identifies the expense type and assigns the correct tax category.
AI suggests additional deductions you might have missed based on your business type.
Export categorized expenses for tax filing or CPA review.
AI categorization eliminates manual sorting and reduces data entry time.
AI identifies potential write-offs you might not have thought of.
Expenses mapped to correct IRS Schedule C categories for accurate reporting.
See your deductions accumulate throughout the year, not just at tax time.
See how different users benefit from this feature.
“Uploads Adobe receipt”
AI categorizes as "Software/Subscriptions" and notes it's 100% deductible as business expense.
“Enters client dinner expense”
AI categorizes as "Meals & Entertainment" and applies 50% deductibility rule.
“Scans equipment receipt”
AI categorizes as "Equipment" and suggests Section 179 immediate deduction option.
| Alternative | Limitation | AlphaTax Advantage |
|---|---|---|
| Spreadsheets | Manual categorization, easy to miss deductions | AI automatically categorizes and suggests missed deductions |
| Basic Expense Apps | Track expenses but don't optimize for taxes | Tax-focused categorization with IRS Schedule C mapping |
| Shoebox of Receipts | Disorganized, stressful at tax time, likely missing deductions | Organized, searchable, categorized throughout the year |
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