What if you had a safety net for common mistakes made during 1040 tax preparation?

It’s Thursday evening at 8:30. You’re busy working through at least the tenth 1040 review today. You should be home. Tucking kids into bed, binging Netflix, reading a book, or however you relax.

Instead, you’re busy giving your computer mouse a workout as you click through connectors, tick off numbers, and tie out totals. Finding errors, omissions, and transposed numbers is not how you envisioned spending your time as an advisor to your clients. Do clients even know how much time it takes you to review their returns? Probably not. Returns are expected to be right, but there isn’t any value to clients in your review process.

What clients want has nothing to do with ticking, tieing, and combing through dozens of checklists.

What they want, and what they deserve, is an advisor who can focus his or her time on the story inside that return and advise on long term goals and ways to minimize the tax liability both short and long term.

Yes, the compliance work must get done, and it must get done right. If you just had a safety net to catch common mistakes before they even got to you for review. Or, even a way for that initial technical review to be done for you so that all you have left is the final exception (cursory) review…

That safety net is TaxExact®.

Here are 3 things firms are telling us that TaxExact catches instantly, before the return ever gets to the final review.

1. Forgetting to include early withdrawals from retirement accounts.
2. Forgetting to include interest and dividends (even failing to report cryptocurrency and virtual currency transactions).
3. Transposition errors and other omissions.

We get it. We’re preaching during tax season. That’s why we launched VERIFIED…powered by TaxExact.

Using TaxExact technology, our staff of onshore 1040 reviewers will review your 1040 returns for you. You read that right. Give your prepped returns to us, let us do the technical review all onshore, and we’ll send you back the returns with verified totals and review notes where an error or discrepancy was found. How much easier does it get?

Isn’t it time to offload the compliance work so that you have the time you need to advise your clients? The game has changed, and we brought a new player to the field to be on your team.