Manually reviewing tax returns is tedious and time-consuming. Attorneys and paralegals spend hours extracting income data, comparing multiple years, identifying deductions, and spotting inconsistencies across dense 1040 forms and supporting schedules. This manual process delays case preparation and increases the risk of missing critical financial details.
Attorneys spend hours deciphering complex tax returns, schedules, and IRS forms to extract relevant financial information for divorce, personal injury, and bankruptcy cases. Manual review is time-consuming, prone to oversight, and delays case strategy development when income verification and asset identification are critical.
CaseMark's Tax Return Summary instantly analyzes 1040s and supporting schedules to generate comprehensive, hyperlinked reports that identify income sources, flag inconsistencies, and highlight strategic opportunities. Download professional summaries in PDF or Word format with cited line items ready for court filings and settlement negotiations.
This workflow is applicable across multiple practice areas and use cases
Tax returns are essential for determining income in divorce proceedings, child support calculations, alimony determinations, and property division disputes.
Family law attorneys are explicitly listed as primary target personas and tax return analysis is fundamental to nearly every divorce and child support case for establishing financial capacity.
Tax returns are required for means testing, verifying debtor income, identifying assets, and detecting fraudulent transfers in bankruptcy proceedings.
Bankruptcy attorneys are specifically identified as target users and tax returns are mandatory documents for bankruptcy filings and creditor analysis.
Tax returns verify income history for wrongful termination cases, wage and hour disputes, and discrimination claims involving lost wages or earning capacity.
Employment litigation frequently requires income verification and year-over-year earnings analysis to establish damages, making tax return analysis highly relevant for calculating back pay and future lost earnings.
Tax returns provide critical financial documentation for business disputes, partnership dissolution cases, and fraud investigations requiring income verification.
The workflow's ability to analyze Schedule C business income and identify financial inconsistencies is valuable for commercial disputes involving business owners and financial fraud allegations.
Tax returns help estate planning attorneys assess client financial situations, identify assets, and plan for estate tax implications.
Estate planning requires comprehensive understanding of client income sources, assets, and tax positions which are efficiently extracted from multi-year tax return analysis.
CaseMark analyzes Form 1040 and all common schedules including Schedule A (itemized deductions), Schedule B (interest/dividends), Schedule C (business income), Schedule D (capital gains), and Schedule E (rental/partnership income). You can also upload W-2s, 1099s, and other supporting tax documents. The AI extracts data from all uploaded forms to create a comprehensive financial narrative with specific citations.
The summary identifies all income sources for accurate support calculations, reveals assets like rental properties and business interests for equitable distribution, and flags income manipulation tactics such as artificial business expense inflation or strategic job changes. It also tracks dependent claims and filing status changes that impact custody and tax filing strategies. The multi-year analysis shows earning trends essential for spousal support determinations.
CaseMark identifies red flags that warrant further investigation, including mismatches between reported income and known lifestyle, aggressive or questionable business deductions, missing income from known sources, and year-over-year fluctuations without explanation. The summary highlights these concerns with specific examples and recommends additional documentation to request. While it doesn't make fraud determinations, it provides attorneys with a roadmap for deeper financial investigation.
All figures, deductions, and income sources are cited with exact form names and line numbers extracted directly from your uploaded documents. This ensures complete verifiability and allows you to quickly locate source data for court filings, depositions, or settlement negotiations. The citations make the summary defensible under scrutiny from opposing counsel or the court.
The summary is generated as a professionally formatted document with clear section headings, narrative paragraphs, and proper structure suitable for case files. You can download it in PDF or Word format for easy sharing with clients, co-counsel, experts, or opposing parties. The formatting is court-ready and can be attached to motions, discovery responses, or settlement proposals.