A new tool has been launched by the Rocket Lawyer law firm for small business owners prepare and file their taxes sad and confused.
Rocket Lawyer Launches Small Business Tax Preparation Tool
The new Tax Rocket works by pairing consumers with licensed tax professionals and simplifying the process. It’s being marketed as ‘accessible for everyone’, and will certainly be useful to some entrepreneurs struggling with tax.
A Changing Resource for Business Taxation
Rocket Lawyers conducted research that revealed that many small business owners have concerns about filing taxes, although only half of those with concerns actually work with a tax professional. .
The founder and CEO of Rocket Lawyer, Charley Moore, said: “In today’s environment, when businesses are concerned about rising costs, insufficient resources and other business challenges, it is important to reduce the complications related to taxes and offer a simplified system, therefore. we say to clients, ‘Don’t do your taxes – let us do it for you’.”
How Rocket Tax works
Rocket Tax allows users to easily search and file tax forms using their smartphone, with Rocket Tax providing expertise and the security of working with a professional at what the company describes as ‘affordable, transparent pricing’.
In the Tax Rocket social mediathe company explains: “Powered by the Rocket Legal Cloud, Rocket Tax includes integration with partners such as Taxfyle, a tax filing brand trusted by more than 200 CPA firms. In addition to Therefore, all existing Rocket Legal Cloud customers and partners will have access to the benefits of Rocket Tax.
Most tax mistakes
Rocket Lawyer also revealed that the top three mistakes in tax filing are math errors and lost opportunities for deductions and points, along with not knowing what document is required. Working with a tax professional can certainly help eliminate these mistakes.
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