What you'll receive
Tax professionals spend hours manually compiling tax records, financial information, and supporting documentation to respond to IRS inquiries, prepare audit responses, or communicate complex tax positions to clients. Organizing multiple tax years of data, reconciling financial statements with tax returns, and ensuring accuracy while meeting tight deadlines creates significant time pressure and ...
Tax professionals spend hours manually compiling tax records, financial information, and supporting documentation to respond to IRS inquiries, prepare audit responses, or communicate complex tax positions to clients. Organizing multiple tax years of data, reconciling financial statements with tax returns, and ensuring accuracy while meeting tight deadlines creates significant time pressure and risk of errors.
CaseMark automatically analyzes uploaded tax documents, financial records, and correspondence to generate comprehensive, professionally formatted taxpayer summaries. The AI extracts key financial data, organizes information by category, identifies compliance issues, and produces ready-to-send correspondence that addresses tax authority inquiries or client needs in a fraction of the time.
This workflow is applicable across multiple practice areas and use cases
Tax returns and financial documentation are essential for determining spousal support, child support, and asset division in divorce proceedings.
Family law attorneys routinely analyze tax records to establish income, identify hidden assets, and verify financial disclosures during divorce, custody, and support matters.
Tax returns are mandatory documentation for bankruptcy filings to verify income, assess means testing, and identify assets and liabilities.
Bankruptcy attorneys must compile and analyze tax records to complete petition schedules, respond to trustee inquiries, and defend against fraud allegations.
Tax returns serve as primary evidence for calculating lost wages, lost earning capacity, and economic damages in personal injury claims.
Personal injury attorneys need comprehensive tax record summaries to prove pre-injury income and demonstrate financial losses for settlement negotiations and trial.
Tax records and financial summaries are critical for estate tax planning, trust formation, and asset valuation in estate planning matters.
Estate planning attorneys require detailed financial information from tax returns to structure estates efficiently, minimize tax liability, and ensure accurate asset documentation.
Tax records are essential for due diligence to assess target company financial health, identify tax liabilities, and structure tax-efficient transactions.
M&A attorneys need comprehensive tax documentation summaries to evaluate deal risks, verify representations, and coordinate with tax advisors on transaction structuring.
CaseMark can analyze all standard tax documents including federal and state tax returns, W-2s, 1099s of all types, K-1s, financial statements, bank records, brokerage statements, deduction receipts, and IRS or state tax authority correspondence. The system extracts relevant financial data from these documents and organizes them into comprehensive summaries with proper references to supporting documentation.
CaseMark automatically identifies and organizes the specific information requested in IRS notices or audit letters, cross-references tax positions with supporting documentation, and generates professional responses that address each inquiry point. The system includes relevant tax law citations and creates a clear audit trail connecting claimed amounts to source documents, significantly reducing response preparation time while ensuring thoroughness.
Yes, CaseMark can analyze multiple tax years simultaneously and handle complex situations including self-employment income, investment portfolios, rental properties, and business entities. The system reconciles financial data across years, identifies trends or discrepancies, and presents multi-year comparisons in organized formats that are easy for clients and tax authorities to understand.
CaseMark uses advanced AI to extract financial data with high accuracy, cross-referencing amounts across multiple documents to verify consistency. The system flags discrepancies for review and provides source document references for every figure included in the correspondence. Tax professionals maintain full control to review and adjust the output before finalizing, ensuring complete accuracy and professional standards.