LittleNewt

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LittleNewt is an AI-driven tax automation software company founded in 2020. It specializes in streamlining federal income tax preparation for CPA firms by automating tasks typically handled by first-year tax associates. The software integrates in real-time with online accounting systems, significantly reducing the time required for creating tax returns, work papers, and M-1 calculations from days to about 20 minutes. The platform is designed exclusively for CPA firms and focuses on automating workflows for business returns such as 1120S and 1065, with plans to support 1040 individual returns in the future. Key features include AI and natural language processing-driven data analysis, automated export to tax software, and the ability to replicate a first-year tax associate's workload. LittleNewt operates as a B2B early-stage startup, with a team based in locations including Rapid City, South Dakota, Austin, Texas, and Colorado Springs.