Best for: Small businesses, startups
Price range: Varies
Benefits & HR: N/A
Automatic tax filing: Yes
Apps: Web and mobile app (iOS, Android)
Finance Pal provides tax-related services on an a la carte or all-inclusive basis.
Services include:
FinancePal is owned by Community Tax, a specialist in resolving IRS disputes, so you know it’s built to take tax compliance seriously. As mentioned earlier in this review, FinancePal gives you the option of selecting its services one by one or throwing them all into one all-inclusive package. Its services include tax preparation and filing.
According to FinancePal, your dedicated account reps can evaluate your liability for different taxes (including sales) and keep your business up-to-date with all government tax laws.
Because FinancePal works with different third-party accounting/payroll tools, the payroll options depend on which tool you use. For example, if you integrate ADP with FinancePal then the options include direct deposit and checks.
FinancePal is primarily a managed bookkeeping and accounting service, with no accounting software of its own. Actually, it integrates with all the best accounting/payroll tools, including ADP and Gusto. With this said, FinancePal does offer a mobile app where you can keep track of basic things to do with your FinancePal account.
Unfortunately, FinancePal offers very little information about how the onboarding process works. However, from what we can gather from customer reviews, most people are happy with the level of attention from their dedicated account managers and bookkeepers.
Perhaps the biggest downside to FinancePal’s service is their reluctance to give away information about pricing. FinancePal only offers custom pricing, which is fine in principle, but it would be nice if they would offer some sort of indicative pricing on their website.
From what we can gather, the price is determined by what type of business you have, how big your business is, and how many of FinancePal’s service you wish to use. In other words, it could cost anything.
In better news, FinancePal does apparently offer free trials.
If you own a small business and don’t want to spend money employing people to do your bookkeeping and/or payroll, then you can outsource it to FinancePal. The best thing about FinancePal is it lets you pick and choose which services you want. You can choose one service—such as bookkeeping, payroll, or tax filing—or choose all services and pay one all-inclusive monthly price.
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