Solomon
The primary offering is an AI-based tax preparation service that automates the analysis and preparation of tax returns by reviewing client documents and integrating with existing tax software, while ensuring accuracy through a review by certified public accountants. It employs technologies such as natural language processing, deep learning, and predictive analytics to enhance tax research and compliance.
- Industry: TaxTech
- Location: New York, New York, United States
- Founded: 2023-12-01
- Total funding: 5950000
- Website: https://solomonlegal.ai
Product & Features
- Prepares review-ready 1040s for high-net-worth individuals, including workpapers and audit trails.
- Interprets complex K-1/K-3 footnotes and automates sophisticated tax form preparation.
- Processes multi-state K-1 packages, applying state-specific nexus and filing rules.
- Handles rental property adjustments, depreciation, and analyzes brokerage statements.
- Automates data entry completely, providing immediate turnaround for tax documents.
- Ensures strict data segregation and never trains its AI models on client information.
Founders & Team
- David Im — Co-Founder, Head of Engineering
- Kik Lee — Co-Founder & CEO
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Frequently Asked Questions
What is Solomon?
The primary offering is an AI-based tax preparation service that automates the analysis and preparation of tax returns by reviewing client documents and integrating with existing tax software, while ensuring accuracy through a review by certified public accountants. It employs technologies such as…
What does Solomon do?
Prepares review-ready 1040s for high-net-worth individuals, including workpapers and audit trails. Interprets complex K-1/K-3 footnotes and automates sophisticated tax form preparation. Processes multi-state K-1 packages, applying state-specific nexus and filing rules.
Who founded Solomon?
Solomon was founded by David Im and Kik Lee.
What category does Solomon fall under?
Solomon is a legal technology company in the TaxTech category.
Where is Solomon based?
Solomon is based in New York, New York, United States.
When was Solomon founded?
Solomon was founded in 2023.