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re: Taxfyle. New Tax Prep Website for CPAs. Is it legit?

Posted on 1/19/16 at 1:56 pm to
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37162 posts
Posted on 1/19/16 at 1:56 pm to
Never heard of it until now. Interesting concept. Looks like you need to sign up to get a lot of the information about how it works.

I see they are partnering with CCH, so I wonder if their tax software is basically a branded version of one of the lower level CCH cloud options like Taxwise.

You would need to buy software either through them or through somewhere else. It says you can take on 3 clients... is that at a time or throughout all of tax season? If you could turn them over pretty quickly, you could make some money working every night.

There is one thing I don't understand. On the client-facing side, it says the average return will cost $158 vs $223 industry average. On the CPA side, it says they will pay $75/hr vs industry average of $36/hr. I get technology, but that's a big swing.
Posted by rlavina1
Member since Feb 2016
4 posts
Posted on 2/4/16 at 10:26 pm to
Gents, thank you for the interest and open discourse. I'm the co-founder and CEO of Taxfyle and would love to chime in.

CPAs aren't required to purchase the software, we make it available to only those that need it. Once signed up you can check out the dashboard and pick up any jobs you like, no obligations. You'll know exactly what type of forms are needed, if there is a state tax return required, the due date and how much you'll make. There is also a fully integrated and encrypted messaging system to improve efficiency and transparency.

Please feel free to visit taxfyle.com and click the chat button if you have any further questions. We look forward to disrupting this tax season!
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