Tax season is a funny thing. It’s one of the few times of year where all of the stakeholders are miserable.
Tax filers — consumers and businesses — are miserable because taxes are complicated and they always feel like they are leaving something on the table.
Tax preparers are miserable because they work ridiculously long hours with no work-life balance for months out of the year, with a lot of their productivity going to pay the overhead for their firm.
The IRS is miserable because they take the blame for taxes being so hard.
While we may never be able to do anything for the IRS, we can do something for filers and preparers and that is why Michael, William and I started Taxfyle. It comes from a belief that everyone should have access to expert tax preparation at a lower cost that can help them navigate the complexities of itemized deductions, 1099s or being an expat. That no one should have to leave money on the table because the do-it-yourself forms and seasonal help at a local tax preparation retailer don’t account for the intricacies of self-employment or charitable giving.
For preparers, especially CPAs, it comes from a belief that the Gig Economy can provide accountants with a way to have better work-life balance, start a business or simply earn extra income on the side to help pay off student loans or a mortgage. We want to provide accountants with the ability to set their own hours, connect with new clients, make a higher effective hourly income and live a better life.
That is why we have been investing our heart and soul into building the best mobile and web app for connecting everyday people with the best, most talented online network of CPAs and EAs the industry has ever seen. It’s why raising this $2 million in financing is so exciting for us. We’re thankful to have Jeff Ransdell Group and Jonas Tempel of Beatport on board, along with support from existing investors.
Over the past 18 months, it’s been a whirlwind at Taxfyle. Our app has skyrocketed to the top of the App Store, we’ve hired top tech talent, our marketplace has grown to 700+ CPAs and EAs, and we have partnered with leading providers like TaxAct to offer technology-enabled financial solutions for consumers, small businesses and tax professionals. All of this momentum, combined with our latest round of financing, means we can have the impact we set out to have.
Our success and growth would not be possible without our team and our investors. But we owe a special thanks to our community of CPAs and our tens of thousands of customers. We’re excited about what we can accomplish together.
If you are interested in being part of our next phase of growth, please visit our tax pro portal to sign up, or consider partnering with us. It’s tax season — always an exciting season at Taxfyle — and we look forward to making life better for all involved.
Richard Laviña CPA, CEO of Taxfyle, disruptor, code-aficionado, history lover.
