More returns drafted by for your team.
Even your most complex returns get drafted by AI and reviewed by a licensed US-based pro. Back in 2–4 days, ready for final review, sign and file.
Hiring takes months. Deadlines don't wait. Can't keep up with return volume?
- Someone left
- Can't hire fast enough
- Client list keeps growing
Hand off 1040 returns. As many or as few as you need.
Extra tax prep capacity, exactly when you need it.
2–4 day average turnaround
Get returns back fast enough to actually help during a crunch.
No new system to learn
Upload a return, get one back. No firm-wide AI rollout to your team.
Reviewed by a US-based licensed EA/CPA
Before anything reaches you, not raw output you have to evaluate yourself.
Trusted by tax firms like yours.
“Percentage wise, I would say [Magnetic] saved time by over 80%.”
Questions, answered.
Does this replace my staff?
No. It gives them back time. Every return is reviewed by a licensed US-based EA/CPA before it reaches you.
Do we need new software?
No. You get an upload-ready file for the tax software you already use.
What if I get new or updated client documents after the return is drafted?
Just resubmit the return in your Magnetic portal. Up to three re-submissions are free.
Is client data secure?
Client data is AES-256 encrypted in transit and at rest, and stored and processed only in the US. No models are trained on it.
How does pricing work?
You pay per return, based on complexity. Buy a set of credits: simple returns cost 1 credit, complex returns cost up to 3. Book a demo and we'll walk you through pricing for your firm's mix of returns.
What if there's an error on my return?
If we make an error, misentering or omitting something from the documents you uploaded, that changes your client's tax liability by more than $10, we'll credit the prep fee, up to what we charged for that return. Report it to [email protected] within 60 days of delivery. Doesn't cover documents that weren't uploaded, changes made after delivery, or your own tax-law calls. Email us for the complete terms.