About
Solomon uses artificial intelligence to streamline the end-to-end tax workpaper process. It automatically ties out trial balances, classifies accounts, reconciles differences, and prepares standardized schedules for review. The system learns from reviewer adjustments over time, helping firms reduce prep and review hours while maintaining high accuracy and compliance standards.
Tax professionals express a positive sentiment towards the AI tax tool Solomon, highlighting its cost-effectiveness and efficiency in handling tax preparation. Users report reallocating staff to focus on higher-margin advisory work, with many finding the tool a game changer for managing voluminous returns. The demo experience is also praised for being informative, contributing to a sense of relief for those facing staffing challenges during the busy season.
Reddit Mentions
I run a CPA firm in DFW, Texas. For the past year, I have been trying to find another firm to purchase. After countless meetings with sellers and a few offers, I will be acquiring a small-ish firm in late February. The seller is ready to retire but will help me transition for two months (through the end of April). I am weighing my options on hiring a Tax Manager ASAP or outsourcing the new returns. Ideally Iād like to hire a manager level FTE now who would have a clear path to Partner (equit
View on Reddit āFor the upcoming tax season, I have lost two of my key employees (a CPA and an EA). How do you handle voluminous individual returns? We currently have a team of about 3 full-time CPAs and EAs, and 6 support staff to handle data entry or admin-type work. This team manages about 5,000 returns - a mix of individual and business, but heavily weighted towards individual returns. I have had no luck in finding part-time hires so far. \[Edit1\] I appreciate all the DMs wanting to help out as a contr
View on Reddit āI can also attest to the AI prep service by Solomon as well. For a bit of context, I'm doing about 1,500 individuals this season, about 80% of our total number of returns. I'm planning to reallocate portion of my junior/senior CPAs to focus on other tax advisory work. Game changer!
View on Reddit āYes, it made a lot of sense for us. actually cheaper than our per-return operating cost. Once the busy season wraps up, I plan to think through how to reallocate our staff. Ideally, Iād like to focus more on tax advisory and consulting clients, which offer higher margins, while relying almost entirely on Solomon AI for tax prep work.
View on Reddit āyou were right u/WahlCPA. Had the demo call today and was quite blown away by it. It was very informative, and I was able to ask all the questions I had. I'm planning to have them as my main source of tax prep. I appreciate you sharing the info about Solomon! I feel like I can finally come out of my panic mode after losing the two FTs maybe it happened for the better - I can reallocate more budget.
View on Reddit āHey guys, stuck on this question, how is it not D? Solomon & Saunders, CPA's prepared the audited financial statements of Hamilton Services for the year ended December 31, 20X1 with the report thereon issued on February 5, 20X2. The firm is now in the process of performing the audit for the year ended December 31, 20X2 and anticipates that its report thereon will be issued on February 15, 20X3. Due to some financial difficulties, Solomon & Saunders, CPA's allowed Hamilton Services to de
View on Reddit āIām working with Solomon from this upcoming tax season - there are a number of reviews from a few threads including mine, feel free to check them out.
View on Reddit āHave you done a demo with Beech Valley & Solomon as well? I'm probably biased at this point since I've contracted with Solomon for the season, but feel free to check it out, sounds like it could be a good fit for you as well. Good luck!
View on Reddit ā