Owner | Tax Preparer | J A Financial Services
During the first season, I saved about 10-15% of my time. That is a lot in savings when you do 1200 T1s. We saw another huge saving with TaxCycle’s Auto-fill my return (AFR) implementation. My prices didn’t increase but my business revenue went up by 20%! And I worked 10-15% less again.
I have always appreciated Cameron Peters and what he’s done for my practice with Intuit ProFile® software. Marc Labrecque is awesome too. The whole team listens to customers and finds solutions. Pressing issues get fixed quickly. Everyone at Trilogy Software is very personable; they know me when I call.
It probably took me about a week. After the first few weeks, my staff were also comfortable. I did training sessions with one employee to run through scenarios ahead of time. The other thing that made it easier was how TaxCycle’s features are similar to our old software.
I knew my old software inside and out—I used it for about 15 years. My staff were hesitant in learning a new program, so I brought them to a TaxCycle seminar. I highly recommend attending.
The best TaxCycle feature for me in relation to AFR is the T5008 handling. I don’t have to type every sale or transaction of a disposition of stocks. My average client usually has about 30 to 50 dispositions, but I also have clients who have 100 to 200 dispositions. That is a huge time-saver.
Location: Markham, Ontario
Number of returns: 1200 T1s, 50-75 T2s
Staff: 3, plus a couple seasonal employees
Specialties:T1s, T2s (plus bookkeeping). Flow-through investments.
Products: Complete Paperless Tax Suite
First T1 season with TaxCycle: 2015