Frequently Asked Questions
What kind of questions can I ask my CPA?
No limit. It can be about a new tax code, a letter from the IRS, how you should incorporate your business or advice on the right way to maximize deductions or reduce your taxes. ProfitYO’s CPA partner will usually get back to you in one business day.
Does ProfitYO handle non-profit organizations?
Unfortunately, we don’t service non-profit organizations.
Does ProfitYO file my taxes?
No, we don’t file your taxes directly. Instead, ProfitYO works closely with our firm’s CPA partners to file your taxes for you, especially when you opt for our pro plan.
Do remember that we are very proactive in meeting deadlines. This means that once your bookkeeper completes the year-end tax financial package, one of our CPA partners looks carefully to make sure no deduction was forgotten.
Before filing your taxes, ProfitYO’s CPA partner will reach out to you to get your approval. Then, the CPA will file your taxes and pull funds directly from your account to pay the taxes. Yep, it is stress-free.
Do I get support from ProfitYO’s CPA partner with the pro plan?
Yes, you can use our platform to communicate directly with one of our CPA partners whom we assigned to you. You can then communicate with your CPA partner to create your strategic planning for reducing taxes. Your bookkeeper will receive direct guidance from both a team leader and your assigned CPA.
Does ProfitYO’s CPA partner handle only corporation filing?
Personal and corporation filings are included in the pro plan. Our CPA partner can file a personal income tax as part of the add-on service when you have more than one shareholder on an S-Corp, C-Corp, or partnership.
Can ProfitYO work directly with my accountant?
Absolutely. Once you have access to ProfitYO’s platform, you can authorize your accountant to communicate with us directly. Your accountant can then communicate directly with our bookkeeper team leader for any request via in-app messaging or requesting a scheduled call.