As a small business owner, choosing the right tax preparation service is crucial. With many options available, it’s important to find a service that not only meets your immediate needs but also offers long-term value. In this post, we’ll compare TurboTax with Tentho, focusing on how each service supports small business owners in the US.
Understanding the Basics
TurboTax is a popular tax software with a user-friendly interface and DIY approach. There are various pricing tiers and add-ons, including audit support.
Tentho, offers a more personalized service where tax professionals because trusted guides for your business rather than Turbo Tax's DIY. Tentho's pricing includes a comprehensive scope, covering your tax preparation and filing needs, but we go beyond that to ensure your business thrives. We offer the same services as Turbo Tax and more!
Individualized Attention vs. One-Time Service
One of the key differences between TurboTax and Tentho is the level of personalized attention you receive. TurboTax often promotes its ability to “learn your business,” but this interaction is typically limited to the tax season. At TurboTax you will likely have a different tax representative each year. This makes it challenging to build a lasting relationship and there is a lack of knowledge continuity with constantly changing tax professionals.
Tentho takes a personal approach. We don’t just learn your business; we know your business. Our team invests in a long-term partnership, providing year-round support. Here’s how:
- Consistent Representation: You work with the same dedicated team each year, ensuring continuity and a deeper understanding of your business.
- Proactive Planning: We keep an eye on your financial health throughout the year, offering advice and strategies to optimize your tax situation not just for the current year but for the future as well.
- Holistic Services: Beyond tax preparation, Tentho offers accounting, advisory, and other services, enabling us to see the bigger picture and provide comprehensive support.
Year-Round Support
While TurboTax focuses on the tax season, Tentho offers continuous support all 12 months. This proactive approach means we ask the right questions to keep you in the best tax-advantageous position, thinking ahead into the next year. TurboTax, on the other hand, tends to be “one and done.” Are they advising you on how to prepare or save for the following year? With Tentho, you get ongoing advice and strategies tailored to your business needs.
Quality Over Pricing
Although our prices are similar to TurboTax, the value we provide extends far beyond simple tax filing. Here’s why:
• Accuracy and Compliance: Mistakes in tax filing can be costly. Common accuracy-related penalties can be 20% of the underpaid tax amount, and dealing with notices might cost $200 to $300 each, not including the notice’s cost itself. Tentho’s thorough approach minimizes these risks.
• Audit Support and Tax Notices: TurboTax offers audit support and resolves tax notices as an add-on service. Tentho is always happy to provide initial support for tax notices and audits inclusive in our fee. If the notice extends beyond the initial support inclusive, then we can discuss a robust end-to-end addon service. Regardless, our team is here to support take the administrative tax burden off your daily workload.
• Savings on Deductions: DIY tax software may miss important deductions, especially if you are in a high tax bracket. Tentho’s expert team ensures you take full advantage of all available deductions, potentially saving you significant amounts.
The Tentho Advantage
Choosing Tentho means choosing a partner committed to your long-term success. Our individualized attention, proactive planning, and comprehensive services provide a level of support that DIY software like TurboTax simply cannot match. Here’s a closer look at the financial impact:
• Average Spending with Tentho: Our average rates for a simple business tax return are around $1,800.
• Average Savings: While it’s challenging to provide a generalized savings amount due to varying business circumstances, our clients often see significant savings through optimized deductions and proactive tax strategies.
• ROI: Tentho is here to be a trusted tax guide to you and can provide a strong return on investment through avoiding penalties, reduced audit risks, and maximized deductions.
Final Thoughts
While TurboTax may be a good fit for those seeking a one-time, DIY approach, Tentho offers a level of personalized, year-round support that can make a significant difference for small business owners. From consistent representation to proactive planning and holistic services, Tentho provides the comprehensive support you need to thrive.
Ready to experience the Tentho difference? Contact us today to learn more about how we can help your business succeed.
By focusing on these aspects, the blog post effectively targets small business owners, highlighting Tentho’s personalized, comprehensive services compared to TurboTax’s one-time, software-based approach. This strategy aims to attract future prospects by emphasizing the long-term value and support Tentho offers.