AI Tax Write-Off Assistant: Automatically Find Every Deduction
What the AI does
MyTaxWriteOffs uses AI to analyze your bank and credit card transactions and automatically identify which ones are potential tax deductions. Each transaction is mapped to an IRS Schedule C category — so instead of digging through a year of statements at tax time, you have a clean, organized deduction list ready to go.
Bank transaction data is retrieved via Plaid, the industry-standard financial data platform used by Venmo, Robinhood, American Express, and thousands of other apps. Our AI processes the transaction descriptions and amounts, recognizing patterns like "Adobe Creative Cloud" (software), "Southwest Airlines" (business travel), or "Google Ads" (advertising) and categorizing them correctly.
How it works
Securely link your checking or business account via Plaid. Read-only access — we can never move or modify your money.
Our AI reads your transaction descriptions and amounts, then categorizes each one to the appropriate IRS Schedule C category.
Review your categorized deductions, make any corrections, and export a clean Schedule C-ready report for your CPA or tax software.
Expense types the AI recognizes
Your data, your control
Plaid is the same technology used by Venmo, Robinhood, and thousands of financial apps. We request read-only access — we can see transactions, but can never move funds.
All data is encrypted in transit (TLS 1.3) and at rest. Your credentials are never stored — Plaid handles authentication directly with your bank.
You can disconnect your bank, delete your data, or export everything at any time from your account settings.
When you connect via Plaid, you enter your bank credentials directly on your bank's interface — not ours. We only receive tokenized transaction data.
MyTaxWriteOffs is not a replacement for a CPA.
Our AI helps you find and organize deductions — it does not provide tax advice, guarantee accuracy of categorizations, or prepare your tax return. Always have a licensed CPA or tax professional review your return before filing. Complex situations (multiple businesses, significant assets, S-corps) especially warrant professional guidance.
Frequently asked questions
Find your write-offs in minutes.
Connect your bank and let the AI scan for deductions. 2-minute setup, free to start.
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