In light of tax season, I recently caught up with the folks over at Taxwyse. Their company offers easy, affordable options for filing taxes. Read our interview, to learn more about their success and services. Plus, get 4 useful tips to help you get the ball rolling on your own taxes this year!
- There are tons of online tax preparation websites out there. How do you stand out from the crowd?
Honestly, a lot of people have stopped listening to the so-called tax GURUS. Some big box tax guys believe in the fear factor. They think that if you have the power to create hype and scare your client with confusing myths, a new sale is just a click away. That’s wrong! What sets us apart? We are devoted to individuals and small businesses, who want to prepare their own taxes at fair rates. We offer online tax preparation software for “everyday folks”. We believe that transparency with our clientele is important. We stand clear of “Bait & Switch” and “Nickel & Dime” business tactics. We believe in fair and honest services, for good people.
- What ignited the spark in you to start this business venture?
Good question! After learning all the ins and outs of this tax prep business, we wanted to create something different. Something that could help business owners, students, retired, married and everyone out there who really wanted to stay away from wasting too much time and money on useless methods to file taxes. Another thing that inspired us was learning about tax consumer’s frustrations with the major players in the online tax industry, more specifically, their sneaky tactics and high rates. We cannot understand why anyone would pay more than they should for preparing their own taxes.
- Your customers have a lot of great things to say about your services. How does it feel to receive so many positive testimonials?
It feels great! We’re lucky to have great customers. We learn a lot from our clients, and in return, we share this newly acquired knowledge with other clients. We get personal gratification and gain a sense of terrific competence as we assist people. Our client’s responses leave us with a feeling of value and appreciation. We understand that our clients have many choices in today’s tax prep marketplace; we feel honored when they choose us.
- What advice would you give to people who are looking to file taxes?
- Write down and get answers to your tax related question prior to tax season. Utilizes all available resources (tax pro, internet search, library, IRS help desk, etc.). If any tax pro wants to charge for answers (which many do), LEAVE! You can always visit our website. We would be more than happy to answer your question(s).
- Wait! Don’t rush. ASK QUESTIONS!! Take proper time to select the best company, dedicated to helping you, whether it is a big box tax chain, major CPA firm or online tax preparation provider. Find the right fit for your tax situation and budget.
- Double and triple check your return for costly errors prior to e-filing. There’s nothing fun about getting a tax bill for money owned due to mistakes. Another thing that is even worst, is paying the IRS more money than legally obligated.
- Stay engaged, keep in touch during the whole process. Discuss everything with your tax professionals. Don’t hide anything.
- The tax industry can be challenging, ever evolving, and difficult to navigate. What inspires you to thrive in this field?
Things might be hard now, however if you truly pay attention to one thing that you are captivated with, you’ll ultimately succeed, given an adequate push. The point is, you really want to be excited about what you are doing, and this keeps you moving forward. We understand people battle with filing requirements, exemptions, deductions, social security etc. For us, it’s not just about business, it’s about passion. It’s not just about hard work, it’s enjoyable.
- Taxes seem to be a huge headache for many business owners. In your opinion, why is this so?
Business owners have lots of things to do. They are so used to preparing for the business, that the financial part is treated as nothing more than the oven baking the precious bun. They easily forget their tax needs and focus on those things needed to run a successful business. On the other side of the coin, many business owners stress during tax season due to lack of organization. Clutter is a big problem, try tracking down a single receipt in a drawer full of paperwork. I would encourage business overs to routinely review documentation and even consider digitizing documents and receipts.
- Any parting words of advice for our readers?
That’s a tricky one! You may encounter bumps in the road that may hold you back from living an improved, stronger, more favorable life. However, you can always sit down for a second and take whatever actions to create a pleasant, positive life change for yourself, family, and community. This really is your life. Make it count! You are worth each and every second, of every minute, of every hour, of every day. Just breathe! And hey, don’t forget to file your taxes!