Page 11 - 2017 UFSTSG Investment Pres
P. 11
Independent Service Provider
PROS
Tax knowledge and expertise
Save you time
Ask questions and gain more clarity
Nationally Branded Refund settlement products available
Franchises
$3.7B KEY STRENGTHS
Personal Relationship
CONS
Most preparers are untrained and unregulated.
Increasing amounts of tax preparer fraud and improper payments.
Most are seasonal, with HIGH turnover. Lack of trust with taxpayers
financial information.
Lack of transparent, consistent pricing.
Independent Tax
Preparers The tendency to abuse refund settlement products.
$13.3B Lack of Audit representation
KEY WEAKNESS
Lack of Convenience and Confidence
