8,246 AI prompts, ready to copy

I'm going to paste transaction descriptions from my bank statement. Group them into likely categories (income, business expense, personal, unclear) so I can review them faster. Don't guess amounts, just group what I give you.

TRANSACTIONS:
[paste a list of transaction descriptions]

I'm going to describe what's on a receipt in my own words. Turn each one into a single structured log line: Date | Amount | Category | Note. Ask me if any required field is missing rather than guessing.

RECEIPT DESCRIPTIONS:
[describe your receipts one by one]

I operate a self-employed content creation business (YouTube videos, podcasting, and freelance writing). Act as a tax strategist. Generate a comprehensive checklist of ordinary and necessary Schedule C business deductions specific to my industry under IRS rules.

Group the deductions into logical categories:
1. Technology & Hardware
2. Software & Digital Tools
3. Home Office & Studio Setup
4. Travel, Media, & Research
5. Professional Services & Education

For each deduction, explain the documentation or recordkeeping required (e.g., mileage logs, receipts) to satisfy IRS audit standards.

I've received a notice about [a late filing penalty / interest on unpaid tax]. Explain what typically causes this kind of notice, and what the general process is for appealing if someone believes there's a reasonable excuse -- and remind me to verify the current appeal process on gov.uk since it can change.

Act as an expert EA (Enrolled Agent) and IRS tax relief specialist. I am evaluating options to pay my IRS tax liability. 

Here is my profile:
- Total IRS Tax Debt (including penalties and interest): $[INSERT AMOUNT]
- Filing Status: [Single / Married Filing Jointly / Head of Household]
- Maximum Monthly Amount I Can Pay: $[INSERT AMOUNT]
- Goal Timeframe to Pay Off Debt: [e.g., 6 months, 3 years, as long as possible]
- Financial Hardship Level: [None / Moderate / Severe]

Tasks:
1. Explain which IRS payment options I qualify for based on official IRS guidelines (Short-Term Payment Plan vs. Streamlined Installment Agreement vs. Partial Payment Installment Agreement).
2. Compare the setup fees, monthly impact, and interest/penalty accumulation rates across each applicable option.
3. Recommend the most cost-effective option and list the exact forms or online portals required to set it up. Format your answer with clear headers and a summary bullet list.

Act as an expert US Certified Public Accountant (CPA) specializing in sole proprietorships and 1099 tax strategy. Explain how self-employment tax (15.3%) and federal income tax apply to a self-employed consultant earning a gross revenue of $85,000 with $15,000 in ordinary business expenses. Break down the calculation for:
1. Schedule C Net Profit
2. Schedule SE Tax liability (including the 92.35% net earnings multiplier)
3. The 50% self-employment tax deduction on Form 1040
4. Estimated Qualified Business Income (QBI) deduction baseline eligibility

Format the output as a clean summary table followed by a short bulleted explanation of each calculation step.

Act as a tax research assistant. Review the following details against IRS Publication 970 rules for the student loan interest deduction:

- Tax Year: [Insert Year, e.g., 2025/2026]
- Filing Status: [e.g., Single, Married Filing Jointly, Head of Household]
- Modified Adjusted Gross Income (MAGI): $[Insert Amount]
- Total Student Loan Interest Paid: $[Insert Amount]
- Am I claimed as a dependent on someone else's return? [Yes/No]

Provide a bulleted evaluation showing:
1. Basic filing status eligibility
2. Income phase-out status (Full deduction, Partial deduction, or Ineligible)
3. Estimated deductible amount based on the $2,500 IRS maximum cap
4. References to the relevant sections in IRS Publication 970.

Act as a certified public accountant (CPA). I want to understand how a Health Savings Account (HSA) provides a triple tax advantage based on my specific situation:
- Filing status: [e.g., Single / Married Filing Jointly]
- Annual income: [e.g., $95,000]
- Estimated federal marginal tax bracket: [e.g., 22%]
- State of residence: [e.g., Ohio]
- Planned annual HSA contribution: [e.g., $4,150]

Please break down:
1. Immediate federal and payroll (FICA/Medicare) tax savings from my payroll contributions.
2. Estimated state tax savings (noting if my state treats HSAs differently).
3. How investment growth yields tax-free returns over a 10-year horizon assuming a 7% average annual return.
4. The exact rules for making tax-free withdrawals.
Provide a clear, step-by-step financial summary with bullet points.

Based on a Corporation Tax payment deadline of October 1st, please write three internal email templates:
1. A 'Gentle Reminder' to be sent 3 months before the deadline, requesting the draft tax computation.
2. A 'Compliance Alert' to be sent 1 month before, ensuring the funds are allocated for payment.
3. An 'Urgent Action' email to be sent 1 week before the deadline.
Make the tone professional, authoritative, and focused on avoiding HMRC interest charges and penalties.

Analyze this list of VAT-registered suppliers and my input tax claims. Highlight any entries where the VAT amount does not mathematically align with the standard 20% or 5% rates. Also, identify any suppliers that typically do not provide VAT-deductible services (e.g., insurance or certain postal services).

[Paste Ledger Data]

Act as an expert CPA specializing in U.S. federal taxation and Section 199A. I run a [insert entity type, e.g., single-member LLC, S Corp] operating as a [insert business activity, e.g., marketing agency]. 

My gross revenue is $[Amount], net business income is $[Amount], and total taxable income on Form 1040 is $[Amount]. 

Please explain:
1. Whether my business activity generally qualifies for the QBI deduction.
2. What specific IRS guidelines or criteria determine my eligibility.
3. What additional information you need to calculate an estimated deduction.
Format the output in clear, bulleted steps for a non-accountant.

System Role: You are an expert UK small business accountant and tax compliance officer. 
Task: Analyze the provided FreeAgent bookkeeping transaction summary. Highlight potential compliance risks, incorrect VAT code applications, and non-allowable business expenses under standard HMRC guidelines.
Format: Output a markdown table of flagged items with fields: Date, Description, Amount, Current Category, Flagged Reason, and Recommended Action.

Act as an expert CPA and small business tax strategist. I am trying to determine whether my business should remain a default LLC or elect S-Corp tax status. 

Here is my business profile:
- Business Type/Industry: [e.g., Digital Marketing Agency]
- Projected Annual Gross Revenue: [$150,000]
- Projected Annual Business Expenses: [$30,000]
- State of Operation: [e.g., Ohio]
- Number of Owners: [1]

Please provide a high-level breakdown comparing default LLC taxation versus S-Corp taxation for my profile. Highlight how income flows to my personal return, where self-employment taxes apply, and the core operational changes required for an S-Corp election. Keep the response structured with bullet points.

Act as an expert tax educator specializing in U.S. federal tax credits. Explain the fundamental eligibility rules for the Earned Income Tax Credit (EITC). Clearly distinguish between the requirements for taxpayers without qualifying children and those with 1, 2, or 3 or more qualifying children. Include key disqualifying factors, such as excessive investment income or invalid Social Security numbers, in a simple bulleted list.

Write me a short quarterly reminder message to myself about tax admin tasks I should be doing (saving receipts, setting aside tax, checking mileage), written in a tone that will actually make me act rather than skim past it.