Overview of ARTE: AI-Powered Tax and Accounting Research Assistant

ARTE (AI Real Estate Tax Expert) is a digital assistant designed to provide instant, accurate tax and accounting answers, specifically tailored to the needs of real estate professionals. Developed by Deferred Inc., ARTE leverages the capabilities of OpenAI's GPT-4o to offer a comprehensive and efficient alternative to traditional CPA consultations.

Key Features

• AI-Powered Research: ARTE is trained on over 8,000 pages of relevant U.S. tax law, ensuring that the information provided is comprehensive and up-to-date.
• Performance: In benchmark tests, including CPA Exam simulations, ARTE has demonstrated the ability to outperform human CPAs by more than 22%.
• Accessibility: The service is available 24/7, providing users with the flexibility to seek answers at their convenience.

Services Offered

• Tax and Accounting Queries: Users can ask complex tax-related questions and receive fully researched answers. Examples of popular queries include details on 1031 exchanges, types of sales and exchanges, and specific tax code regulations.
• 1031 Exchange Guidance: ARTE offers detailed support for various types of 1031 exchanges, including reverse and deferred exchanges, providing insights into processes, timelines, and qualifying properties.

Advantages Over Traditional CPAs

• Speed: ARTE provides faster responses compared to traditional methods, often delivering researched answers within hours.
• Cost-Effectiveness: Unlike standard CPA services, ARTE offers a more economical solution without compromising on the quality of information.
• Accuracy: With continuous updates and monitoring, ARTE maintains a high level of accuracy in its responses.

Additional Benefits

• No Hidden Fees: Deferred ensures transparency in pricing, with no additional fees for multiple properties, wire transfers, or rushed requests.
• Security of Funds: Deferred guarantees the security of funds through segregated accounts with $250 million in FDIC coverage.
• Experienced Staff: Deferred's team includes attorneys and CPAs with over 40 years of experience, ensuring expert oversight.

User Experience

• Online Platform: Users can easily access ARTE through Deferred's online platform, which is designed for user-friendly interactions.
• Customer Support: Support is available via phone or email, with extended hours to assist users across different time zones.

Conclusion

ARTE by Deferred Inc. is a significant advancement in the field of tax and accounting for real estate professionals. By integrating AI technology with expert knowledge, ARTE offers a reliable, efficient, and cost-effective solution for handling complex tax queries and processes.