Started By
Message

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

Posted on 8/2/18 at 3:36 pm to
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 8/2/18 at 3:36 pm to
Hell of a bump, I saw poodlebrain before I looked at the date.
Posted by dbanton15
Member since Feb 2024
1 post
Posted on 2/22/24 at 7:48 am to
Hello,

I am an E. A. and I signed up with TaxFyle in November. I was hoping to get some accounting clients because I only have one. I already have a lot of tax clients but I could use more. I was also hoping for some 990 tax returns because those have different due dates. I got NO work offers till recently and now most of the offers are to do 1040 taxes, plus 1 or 2 states for about $60! That is how much the software costs me and of course, I get to pay for that too. Also, there is no way to see what you are volunteering to do... This could be (and probably is) a tax return with 27 pages of Schedule D transactions, 15 rental properties, 13 K-1s with stuff on them that you will need to research, etc. So I would be paying about $60 for software to work for FREE for about 30 or 40 hours. That is not even taking into account how many times the client will come up with "one more tax document" after you finish the work and you will have to re-do it again and again..... because that is what clients do, right? To make matters worse I actually agreed to do a few of those because I was curious.... and I was promptly rejected because some other desperate/ starving accountant beat me out of the job in FIVE MINUETS!! That is very scary to know that there are that many accountants out there who need work that bad! I have had no offers of accounting work because pretty much no one wants to pay for that anymore. I am a QuickBooks ProAdvisor with NO clients that use QBO
Posted by CHGAR
Haile, LA
Member since Aug 2022
563 posts
Posted on 2/22/24 at 7:54 am to
Intuit has a web based service called Pro Connect that allows for the purchase of small volumes of returns to be prepared just as you describe. It's built off the LaCerte engine and provides 1040, 1065, 1120(S), and 990s I believe. Used it myself and find it to be a good optoin instead of buying professional software.

The only drawback to me was the need for an EFIN to efile as I did not have one and it takes several weeks to get this from the IRS.
Posted by TheWalrus
Member since Dec 2012
40477 posts
Posted on 2/23/24 at 4:53 pm to
Damn an 8 year bump
Posted by GREENHEAD22
Member since Nov 2009
19589 posts
Posted on 2/23/24 at 9:50 pm to
You in LA or TX by chance?

Hoe long have you been an accountant?

I already have my taxes scheduled but may have some work for you for this year. Accounting work as well. Nothing big though, small business.

LSUFANHouston, if you want some side accountant and tax work I may have some.

Forewarning though, I am cheap!

This post was edited on 2/23/24 at 9:53 pm
Posted by SLafourche07
Member since Feb 2008
9928 posts
Posted on 2/26/24 at 5:56 am to
quote:

Damn an 8 year bump



I thought the same thing.

I was thinking “I haven’t started a thread on the money board in a while, why is there one on the first page?”

For the record, I never tried TaxFyle. I do have my own CPA firm now though.
Posted by LSUFanHouston
NOLA
Member since Jul 2009
37072 posts
Posted on 2/26/24 at 8:49 am to
Yes, crazy bump.

I actually met these guys at a conference a few years ago, but it was from the vantage point of firms looking for domestic outsourcing. It seems like they have had more luck with that, as opposed to individual clients signing up.

Also, wow, our profession has changed a lot in 8 years...
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram