Question: Is there a tool that can automatically scan my transactions to find eligible deductions and save me time on tax preparation?

If you want a tool to scan your transactions and identify deductions you can claim, Taxly is a good contender. It uses AI to lower tax payments and boost deductions for self-employed people, freelancers and sole traders in Australia. You can connect your bank accounts and ATO tax transaction records, and the service automatically identifies and categorizes the deductions. You can then review and approve the deductions for accuracy and transparency.

Another good option is TaxGPT, an AI-powered tax assistant that can offer timely and accurate help to individuals, businesses and tax pros. It uses sophisticated artificial intelligence to maximize deductions and make tax filing easier. The service offers tools for different customers, including a flat-fee personal tax filing service and customizable options for businesses. TaxGPT also offers a 7-day free trial so you can try before you buy.

For a more complete service, Keeper automates a lot of tax filing work but also offers an interface on computers and mobile devices. It connects to your bank and credit cards to find tax write-offs, offers expense tracking with categorization, and lets you store receipts. Keeper also has an AI tax assistant and human tax pros for more complicated situations, so it's a good option for self-employed people and small businesses.