Chapter 5: Tax Analyzer - Complete Walkthrough

The Uncle Kam Tax Analyzer is a powerful tool designed to provide a quick yet comprehensive diagnostic of a client's tax situation. Unlike the full Tax Plan Generator, which requires detailed financial data, the Tax Analyzer uses a high-level questionnaire to identify potential tax-saving opportunities and risk areas. This makes it an ideal starting point for client conversations and for demonstrating the value of your tax advisory services.

This guide will walk you through every step of using the Tax Analyzer, from the initial questionnaire to generating the final client-facing report.

To begin, navigate to the Tax Analyzer from the main Uncle Kam dashboard and click the "Get Started" button. This will launch the multi-step questionnaire.

The first step is to enter basic information about the client. This includes their full name, email address, phone number, age, the tax year you are analyzing, their filing status, and their state of residence.

Here is an example of the form filled out for a fictional client, John Smith.

Next, you will provide a high-level overview of the client's income. Check the boxes for all applicable income sources and select the appropriate total household income range from the dropdown menu.

For our example client, we'll select W-2 and Self-employed income, with a total household income between $250,000 and $500,000.

This section is for clients with business income. You'll indicate whether they own a business, the business structure, the profit range, and whether they run payroll.

Our client, John Smith, owns an S-Corporation with a profit between $100,000 and $250,000, and he does run payroll.

Here, you'll provide information about the client's business expenses, including the general expense level, whether they use a vehicle for business, and if they have a home office.

John Smith has a moderate level of business expenses, uses a vehicle for business, and has a home office.

This step focuses on the client's retirement savings. You'll indicate their contribution level to retirement accounts and whether they have a business retirement plan.

John Smith contributes some money to his retirement accounts and has a business retirement plan.

This section is for information about the client's family and dependents, which can have a significant impact on their tax situation.

Our client has two dependents.

This optional but valuable section helps you understand the client's past experiences with taxes. You can input the approximate amount they paid in taxes last year and whether they feel they overpaid.

John Smith paid between $25,000 and $50,000 in taxes last year and feels he overpaid.

The final step before the analysis is to acknowledge the diagnostic nature of the tool.

Check the box to confirm your understanding.

After completing the questionnaire, you'll be taken to a final review screen. This is your opportunity to double-check all the information you've entered before generating the analysis.

Once you're satisfied with the information, click the "Generate Analysis" button. The system will then process the data and present you with a summary of its findings in a modal window.

From here, you can generate a client-facing PDF report.

After the report is generated, you'll be taken to a page where you can view and download the PDF.

Clicking "View PDF" will open the report in a modal viewer.

The Tax Analyzer History page allows you to view and manage all the analyses you've created. You can access this page from the sidebar.

The history page has two views: Card View and Table View.

Card View

The Card View displays each analysis as a separate card, providing a quick overview of the client, tax year, and status.

Table View

The Table View presents the same information in a more compact, tabular format, which can be useful for quickly scanning a large number of analyses.