Happy Tax has announced the biggest shake up of the tax preparation industry service since 1955.
Using the patent-pending Happy Tax technology and processes, franchisees offering the service will give customers a fresh new experience with none of the hassle traditionally associated with preparing their taxes, meeting them anytime, anywhere including house-calls. Franchisees then securely transmit the client’s tax data to their team of highly qualified U.S. based CPAs to professionally prepare the tax returns.
Tax fraud and improper payments account for more than $20 billion in IRS charges each year. To compound this figure, tax preparer suitability in the U.S. is alarmingly low with only 41% of those preparing taxes “professionally” having licensed credentials.
Additionally, 40% of Americans choose to prepare their own tax return even though they don’t have any previous experience with the 73,000 page tax code (which is equivalent to 4 million words or War and Peace 8 times over). This risks thousands of dollars in penalties and interest or lost refunds due to missed deductions, credits and errors. Many more make the mistake of placing their trust in under qualified tax preparers, who offer their services without any certifications or credentials.
“With Happy Tax we want to rid the market of cowboy tax ‘professionals’ who are costing hard-working Americans millions of dollars each year in IRS penalties and interest. Our franchisees are left to focus on what they do best, providing amazing customer service, while our experienced CPAs prepare and sign off on the tax returns. I’m so excited and happy to introduce this service to the world. We’ve already been called the Uber of tax preparation but I feel we are much more than that. With a franchise program that will enable average Americans to earn more money and provide customer experience that truly revolutionizes the way taxes are done, it’s time we can finally say: Smile, It’s Time to File!” said Mario Costanz, CEO and Founder, Happy Tax.
Happy Tax was born out of frustration with unreliable, under-qualified tax preparers with no certification and as little as five days tax training. Happy Tax is designed to bridge the gap between high-quality customer service that consumers want, and accurate, reliable tax returns made by CPAs with a minimum of 5 years of training and experience.