Privacy Policy
Last updated: January 30, 2026
DeductIP ("we," "our," or "us") is committed to protecting your privacy. This Privacy Policy explains how we collect, use, and safeguard your information when you visit our website at deductip.com or use our services.
Important Notice: DeductIP is an informational tool that helps identify potential expense deductions for further review. We are not a tax preparation service, accounting firm, or legal advisor. Our outputs do not constitute tax advice and should not be used for tax filing without verification by a licensed tax professional. Please see our Terms of Service for complete details.
Information We Collect
We collect information you provide directly to us, including:
- Contact information: When you join our waitlist, we collect your email address.
- Account information: When you create an account, we collect your name, email address, and password.
- Financial data: When you use our expense categorization services, we process the transaction data you upload (vendor names, amounts, dates, descriptions). This data is used solely to provide you with expense analysis.
- Profile information: Business details you provide to help us categorize your expenses accurately, such as your business type, services offered, and client information.
How We Use Your Information
We use the information we collect to:
- Provide, maintain, and improve our services
- Process and categorize your expense data using AI
- Send you updates about our service, including early access invitations
- Respond to your comments, questions, and requests
- Monitor and analyze trends, usage, and activities
Data Processing and AI
DeductIP uses artificial intelligence to analyze and categorize your expenses. When you upload expense data:
- Your data is processed by our AI systems to provide categorization suggestions
- We do not use your personal financial data to train AI models
- Your expense data is not shared with other users or third parties for their benefit
- AI-generated categorizations are suggestions only and require verification by a licensed tax professional before use in any tax filing
Important: The categorizations produced by our AI are preliminary suggestions to help you organize expenses for review with your tax advisor. They do not represent tax advice, are not guaranteed to be accurate, and should never be directly used for tax filing purposes without professional verification.
Data Security
We implement appropriate technical and organizational measures to protect your personal information against unauthorized access, alteration, disclosure, or destruction. This includes encryption in transit and at rest, access controls, and regular security assessments.
Data Retention
We retain your information for as long as your account is active or as needed to provide you services. You may request deletion of your data at any time by contacting us. We will delete your information within 30 days of such a request, unless we are required to retain it for legal purposes.
Cookies
We use cookies and similar tracking technologies to:
- Keep you signed in to your account
- Remember your preferences
- Understand how you use our service
- Improve our website and services
You can control cookies through your browser settings. Note that disabling cookies may affect the functionality of our service.
Third-Party Services
We may use third-party services that collect, monitor, and analyze data to help us improve our service. These include:
- Hosting and infrastructure providers
- Analytics services
- Payment processors (when applicable)
These third parties have access to your information only to perform specific tasks on our behalf and are obligated to protect your information.
Your Rights
Depending on your location, you may have certain rights regarding your personal information, including:
- Access to your personal data
- Correction of inaccurate data
- Deletion of your data
- Export of your data in a portable format
- Objection to certain processing activities
To exercise any of these rights, please contact us using the information below.
Children's Privacy
Our service is not intended for individuals under the age of 18. We do not knowingly collect personal information from children.
Changes to This Policy
We may update this Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page and updating the "Last updated" date.
Questions or Concerns?
If you have any questions about this Privacy Policy or our data practices, please contact us at privacy@deductip.com