This month’s exciting releases: Project Approval Tracking for ASC 350-40, real-time provision for US R&D, and smarter AI that means even less to review manually.
“Neo.Tax can cut your workload at least in half.” — Chase Pierce, Senior Tax Accountant at Red Ventures. Read the full story →
Managers can now formally approve projects by period with optional comments—creating the traceable, timestamped evidence your accounting team needs for audit controls.
Approvals auto-reset when key fields change (capitalization dates, status), so your documentation always reflects the current state. Details here
Enhanced AI more accurately identifies maintenance and ops work—catching projects that look like feature development but are actually access provisioning or support.
Map them directly to NeoTax—no process change required. AI guidance still runs in the background to catch mismatches.
Sync data before month-end and any tickets started or completed after your sync automatically roll into the next period.
Update credit estimates monthly as the year progresses—no more relying on stale prior-year numbers. Existing project data carries forward while new activity syncs incrementally.
Enhanced AI model now makes more definitive qualified purpose calls, significantly reducing manual review for Tax and R&D teams.
Projects now show all the Jira Epics and Linear Projects underneath. Filter, group, and move entire Epics at once—faster review, audit-ready reports that map to how engineering actually tracks work.
New guided upload with built-in validation catches formatting errors upfront.
Supports employees with multiple state assignments, job titles, or wage types in a single file.
