Bizora AI functions as an advanced tax research platform designed to assist tax professionals with complex Federal, Cross-Border, and State and Local Tax (SALT) questions. The platform provides citation-backed answers, directly referencing primary sources such as the IRC, Treasury Regulations, IRS rulings, and relevant case law. For audit-related inquiries, Bizora AI cites specific standards like PCAOB, GASB, and AICPA, ensuring comprehensive coverage for both tax and audit work within a single integrated environment.
Users can leverage Bizora AI for in-depth analysis, particularly for opinion-level research and scenarios requiring defensible positions. A "View Steps" feature allows users to trace the AI's reasoning path, detailing the sources used and how conclusions were reached. The platform also offers structured workflows tailored for M&A transactions and other complex deals, providing compliance checklists and strategic insights to guide teams through various stages. Additionally, Bizora AI includes "The Vault," a document parsing and analysis tool that enables users to upload various file types (Word, PDF, Excel, images) to extract relevant tax provisions, financial data, and compliance details, facilitating document summarization, comparison, and data extraction. This functionality extends to drafting client memos and emails directly within the platform, streamlining the workflow from research to client communication. Its global coverage spans multiple jurisdictions, including the US, Canada, UK, and others, alongside OECD tax frameworks.