IOOGO Tax quickly determines outcomes without the perpetual list of questions, similar to tools used by CPAs, enroll agents and tax preparers.
IOOGO FAST FACTS
The Tax Cuts and Jobs Act bill SIMPLIFIED tax preparation by increasing the standard deduction. Now, less than 10% of the taxpayer population itemize, eliminating the need for endless questions.
We have built a WEB AND MOBILE APP that makes filing your taxes as easy as filling out a job application. Our value proposition to our customers is how quickly and accurately they can complete their tax returns, averaging 8 ½ minutes from sign up to filing.
The Unnecessary Costs of Income Tax Preparation:
The Unnecessary Complexity of Income Tax Preparation
Many tax preparation companies spend a lot of money marketing the idea that tax preparation is complicated and therefore customers should pay hundreds of dollars in upgrades
Today’s tax preparation industry targets overwhelmed consumers and extracts as much money as possible, without regard to customer satisfaction.
Merging 17 years of tax preparation experience with 16 years of software design and development experience has allowed us to create a uniquely smart application. IOOGO Tax quickly determines outcomes without the perpetual list of questions, similar to tools used by CPAs, enroll agents and tax preparers.
IOOGO is here to prove it doesn't have to be so complex OR so costly.
We have proven our concept. The 2000th user signed up and completed a tax return averaging 8 1/2 minutes.March, 2019
The first customer signed up and completed the tax return in less than 9 minutes.January, 2019
Mobile app deployed to the app store.December, 2018
Beta product is in developmentJuly, 2018
Prototype is complete for web and mobile serviceJune, 2018
Brand awareness campaign launchedJune, 2018
Key staff assembledMarch, 2018
Founders, friends, and family founding round of $256,000April, 2018
We have a different mission. We are showing taxpayers that they do not have to spend 45 minutes or more in front of their computer to file a simple tax return. We are also empowering taxpayers, who previously paid a tax pro, to easily enter their information into the system. If they want us to review their entries and results, we offer a professional review before submitting the return to the IRS. Then there is pricing... Since you do all the work, we won’t make you pay for upgrade fees.
We are experienced entrepreneurs with experience in budgets, forecasts, and revenue creation. We do not entertain the idea of valuation only without profit. This is why we closely manage our expenses and carefully plan our growth strategy. We are focused on establishing a loyal user base that can take advantage of complementary products we are building in the future.
We have raised $356,000 from founders, friends, and family. We have skin in the game and clearly understand the risks of our venture.
Our main and most exciting challenge is educating taxpayers on the simplicity of tax preparation. We want taxpayers to realize that filing your taxes is not complicated and therefore should not be costly.
We understand the hurdles we must overcome for this product to be the leading software solution in our industry and that we are competing against major players who currently dominate the industry.
One of the most valuable propositions for our investors is the experience of our founders. Collectively we have over 40 years of experience in the software development and tax industry. Leveraging our experience, we know how to design and build simple, user-friendly solutions. Basic returns are free and the most complicated returns are a fraction of what the other guys charge because after all, you're doing all the work.