General information only
The content of this website — including industry pages, whitepapers, examples, calculators and checkers — is provided for general informational purposes. It is not tax, legal, accounting, valuation or investment advice, and it should not be relied on as such. Tax laws, regulations and their interpretation change frequently, and their application depends on specific facts. Consult a qualified professional before acting on any information here.
Statements of law are made as at the date shown on the relevant page and may be out of date when you read them. Citations to statutes, regulations, rulings, accounting standards and forms are provided for reference and are not a complete statement of the applicable rules.
No guarantee of results
NGTAX.AI provides software, and services through US certified public accountants, for preparing business tax returns. No software, and no review process, can guarantee that a return is free of errors or will not be examined, adjusted or penalized by a taxing authority. References to "examination", "examiner" or "audit objections" describe a simulated review performed by software agents to identify potential issues before filing. They do not describe, predict or replicate the actions of the Internal Revenue Service or any other agency, and NGTAX.AI is not affiliated with or endorsed by any government agency.
The professional remains responsible
Every return prepared with NGTAX.AI is signed as paid preparer by a US certified public accountant, either the taxpayer's own CPA or a CPA engaged through NGTAX.AI, who exercises independent judgment and is responsible for the return and its positions. NGTAX.AI agents propose; they do not make filing decisions. Use of NGTAX.AI does not shift any professional, regulatory or legal responsibility from the preparer or the taxpayer to NGTAX.AI.
Valuation
Valuation workpapers prepared with NGTAX.AI are analyses for review by a qualified professional. They are not qualified appraisals for federal gift, estate or charitable-contribution purposes, independent appraisals for purposes of Internal Revenue Code §409A, or fairness opinions.
Examples and figures
Examples on this website, including "Example Labs, Inc.", are fictional companies with synthetic data used to test our software. They are illustrative only. Figures shown for these examples come from our test suites; where a model judgment is shown, it was produced by scripted test stand-ins rather than by a live model, unless stated otherwise. Statistics about the accounting profession are attributed to their published sources. Projections of cost, rounds or performance are estimates from internal planning models, not measured results.
Penalty protection
Nothing on this website is intended or written to be used, and it cannot be used, by any person for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or any other law, or for promoting, marketing or recommending to another party any transaction or matter.
Artificial intelligence
NGTAX.AI uses artificial-intelligence models in defined, limited roles. See How we use AI.