Avalon Tax Demo for CPAs, EAs & Tax Professionals

Can AI really prepare a tax return—or is it just another promise that falls apart under real-world testing?

Watch Avalon Tax founder and CPA Tom Wahl demonstrate how Avalon Tax reads client tax documents, extracts and categorizes the information, and transfers the data into professional tax-preparation software. John Sheeley, EA, and a group of experienced tax professionals then put the software through a detailed, candid Q&A.

This is not a polished sales pitch with a perfectly controlled example. It is a practical look at how AI-assisted tax preparation performs with the documents and complications tax professionals actually encounter.

Avalon Tax is designed for CPAs, enrolled agents, and professional tax preparers who want to reduce manual data entry without replacing their existing tax software or professional judgment.

IN THIS VIDEO, YOU’LL SEE:

• A complete Avalon Tax workflow, from document upload through tax-software entry

• AI extraction from W-2s, 1099s, 1095-As, K-1s, prior-year returns, brokerage statements, handwritten information, and other client documents

• Automated categorization of Schedule C profit-and-loss statements

• Handling of taxpayer and spouse documents

• Capital-gain summaries and transaction-level brokerage data

• Prior-year comparisons and capital-loss carryforwards

• AI-assisted matching of new information to existing tax-return data

• Workpaper creation, notes, checkmarks, and review tools

• A live demonstration of data being entered into Lacerte and Drake

• How Avalon Tax works with CCH Axcess, Lacerte, Drake, and ProConnect

• Options for virtual machines, dedicated computers, hosted environments, and multi-user firms

• Current per-return pricing and volume discounts

• Data security, zero-data-retention safeguards, §7216 concerns, WISP documentation, and SOC 2 plans

• Support for late-arriving documents and repeat imports

• Current limitations involving business returns, UltraTax, hosted Drake environments, and detailed K-1 footnotes

• A separate example showing how agentic AI can reconstruct accounting records from bank statements, PayPal transactions, Stripe records, and prior-year information

LEARN MORE:

Avalon Tax: https://www.avalon.tax/

Avalon Tax pricing: https://www.avalon.tax/pricing

Avalon Tax FAQs: https://www.avalon.tax/faq

Explore Tax Practice Pro: https://www.taxpracticepro.com/

Live and on-demand webinars: https://www.taxpracticepro.com/webinars

Become a Tax Practice Pro member: https://www.taxpracticepro.com/member...

IMPORTANT:This video is provided for educational and informational purposes only. It does not constitute tax, legal, accounting, cybersecurity, or technology advice. Product features, integrations, pricing, security practices, and development timelines may change. Tax professionals should independently evaluate any software, review current vendor documentation, consider their obligations under IRC §7216 and applicable professional standards, and verify all tax-return information before filing.

*NO CE OR CPE CREDIT