learn
intermediate
ChatGPT
Claude
Gemini
Prepare Taxes Faster with AI-Assisted Tax Preparation
Discover how to use AI to gather documentation, identify deductions, and prepare tax returns more efficiently.
9 min read27 February 2026
preparation
planning
Tools That Work for This
ChatGPT Plus— Financial analysis and scenario modelling
Analyses financial data, creates budget frameworks and models different investment scenarios.
Claude Pro— Detailed financial document review
Excels at reviewing complex financial documents, identifying patterns and explaining financial concepts clearly.
Mint / YNAB— Personal budget tracking and automation
AI-enhanced budgeting apps that automatically categorise expenses, track goals and provide spending insights.
Google Sheets + AI— Custom financial spreadsheets
Combine spreadsheet flexibility with AI add-ons for automated data analysis, forecasting and report generation.
Perplexity— Research and fact-checking with cited sources
AI search engine that provides answers with real-time citations. Ideal for verifying claims and finding current data.
Next Steps
Start by choosing one AI financial tool from our recommendations and connecting it to your primary bank account or financial data source. Spend the first week simply observing what the AI identifies -- patterns in your spending, investment opportunities or tax optimisation suggestions you hadn't considered. Don't make major financial decisions based on AI alone during this learning phase. Instead, use the insights to have more informed conversations with your financial adviser or to refine your own financial strategy. Set a 30-day checkpoint to review whether the AI's recommendations align with your financial goals, and adjust your approach accordingly.