Finance

Accrual AI Cuts Tax Prep Time by 85%

Accrual's AI agents prepare tax returns autonomously — reading client inputs, identifying gaps, and producing draft returns, cutting prep time by 85%.

Author: CPA Practice Advisor

What was done

Accrual launched with $75M in funding and partnerships with H&R Block, Armanino, and Creative Planning. Their AI agents function as a tax preparer: reading and organizing all client inputs, identifying missing information, generating targeted follow-up questions, and producing draft returns ready for professional review. Firms using the platform report preparation time dropping by more than 85% and review time falling by up to 60%, saving thousands of hours per tax season.

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Accrual AI

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Accrual AI Cuts Tax Prep Time by 85% | ThankYouAgent