I recently stumbled upon a fascinating article that explains how fintech is making it easier for younger generations to optimize their taxes. Basically, a fintech startup called Visor has created a playbook that helps Gen Z and Millennials navigate the confusing world of taxes by automating and streamlining the process.
Rather than relying on traditional tax accountants who can be expensive and time-consuming, Visor’s platform uses algorithms to comb through all of your financial data and find deductions and credits you may have missed. Plus, it’s available 24/7, so you can access it whenever you have a spare moment.
As someone who has always found taxes to be a major headache, I’m excited about the potential of this technology. It’s really frustrating to feel like you’re leaving money on the table because you didn’t know about a particular tax break. Plus, it’s a relief to know that I don’t have to spend hours poring over forms and receipts anymore.
It’s also worth noting that this trend towards using fintech in tax preparation is likely to become more common as time goes on. After all, many traditional accountants are retiring or leaving the field, which means that people will need to start looking for alternative solutions.
The bottom line? If you’re a Gen Z or Millennial who’s looking to make tax time less of an ordeal, you might want to consider giving Visor a try. It’s not completely free, but the convenience and potential savings are definitely worth it.
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