Keeper AI Accountant by Keeper Tax Inc.
Imagine having an accountant available at all times for free or for a low-cost everyone can afford. What’s more, that accountant would be able to answer all kinds of questions you throw at it in seconds. No need to wait for a few hours or days to get the information you want. That’s what the AI accountant by Keeper is all about.
Trained on the US tax law, it will provide answers to all kinds of questions in seconds. And to make sure it knows what it’s doing, those answers are periodically graded by reputable tax professionals. So far, the AI has been correct 96% of the time — vs. 94% for human tax pros.
Not sure you’ll trust the machine for your money? You can browse previously asked questions and see the answers the AI accountant has provided. Trust me – you will be amazed by the answers provided.
The tool is powered by GPT-4 and has been trained on the latest tax updates for 2023. It managed to score 88% in the EA exam, with humans only needing 66% to pass. Yup, it’s that good, and you may want to try it out.
Since Keeper is primarily made for freelancers, you can expect that group will be best served with their AI accountant. However, nothing stops you from trying it out, even if you’re not in that group. As of September 2023, the tool was still free to use — and we imagine that will be changed at some point.
What are the key features? ⭐
- Answers in seconds: Instead of waiting for hours or days to hear back from your "human" accountant, this tool will provide answers in mere seconds.
- Fresh data: To make its AI accountant relevant, Keeper trained GPT-4 on the latest tax updates for 2023. So, if there is a new loophole you could use, the AI will suggest it to you.
- Example answers: If you're unsure whether you can trust the AI-generated answers, Keeper provided some sample questions with answers. As you can see for yourself, the machine returned rock-solid explanations.
- Fact-check answers: A human CPA, EA, or JD reviews the AI accountant's responses periodically, after which Keeper incorporates their feedback (if they had any) into the software.
- Better than humans?: Keeper ran its AI accountant against a sample of questions from Part 1 of the EA exam. It scored 88%, which is a passing grade. In comparison, humans only needed 66% to pass in 2022. Impressive.
Who is it for? 🤔
Examples of what you can use it for 💭
- Get instant answers to your accounting questions
- And consequently, better manage your tax obligations
- Browse through previously answered questions to get an idea of what the tool can do
- Make better business decisions based on answers provided by the AI accountant
Pros & Cons ⚖️
- Provides accounting-related answers in seconds
- It scored better on the EA exam than most humans
- Trained on the fresh data
- Complex math is a known issue with LLMs and the AI may fail if asked to do math involving more than five or so steps
