Taxfyle grabs $2m for on-demand tax services

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On-demand tax and accounting marketplace Taxfyle has raised $2m in a seed funding round from a group of individual investors.

The Miami-based company aims to connect consumers and SMEs directly with it network of 700-plus Certified Public Accountants (CPAs) and Enrolled Agents (EAs) through its mobile and web-based platform.

Operating as an ‘Uber-for-accounting services’ the company claims the marketplace allows tax professionals to set their own hours, expand their client base and earn a greater hourly rate than at a traditional firm.

Taxfyle CEO and founder Richard Lavina said: “We started Taxfyle because we saw an entire segment of the population that needed expert tax services, but didn’t have the resources or time to hire a top-notch CPA or accounting firm.

“For years, consumers and small businesses have been struggling with retail accounting services with limited expertise or have tried to do it themselves, while likely leaving hundreds or thousands of dollars on the table.

“Taxfyle’s certified tax professionals have on average 14 years of experience and in about 24 hours can complete your return, at 40% less than typical brick and mortars.”

The company will use the capital to continue scaling its marketplace.

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