Taxaroo is a modern, cloud-based tax and accounting practice management software primarily designed for small tax practices to streamline their workflows and improve client service. Founded in 2014, the company is headquartered in Sheridan, Wyoming, and employs between 11 and 50 people, generating estimated revenues between $1 million and $5 million.
Originally launched as an online marketplace connecting tax filers with professional preparers—akin to an "Uber for taxes"—Taxaroo pivoted in 2016 to focus on tax practice management software after feedback from tax professionals indicated greater impact could be made by improving practice workflows rather than just client matching.
The company with a steady employee base and revenue in the low millions, it appears to be a growing but still relatively small player in the tax software market
Automated client organizers (custom or pre-built) for efficient information collection.
Secure document management with world-class encryption and secure client portals.
Basic and enhanced knowledge-based authentication to reduce IRS compliance risks.
Integrated invoicing and payment processing supporting credit cards and ACH.
Centralized client communication management and appointment scheduling with auto-reminders.
Data import/export capabilities to eliminate redundant data entry with tax software.
Custom branding on client portals and bilingual support (English and Spanish).
Team management tools to scale tax professional teams of any size.
Automated client engagement features such as birthday emails and referral tracking.
Built-in research tools to assist tax professionals during client interactions.
The company has expanded its product capabilities internally, evolving from a tax preparation marketplace to a full-fledged tax practice management system with advanced automation and collaboration features
Recent advancements emphasize AI and machine learning to automate tax preparation tasks, reduce errors, and speed up return processing. These enhancements support CPA firms in shifting focus from routine data entry to higher-value consulting and financial planning.
Taxaroo is built "for tax pros, by tax pros," reflecting deep industry experience (over 22 years) and a mission to help small tax practice owners build successful, stress-free businesses. The company emphasizes uncomplicated technology, intuitive AI, and exceptional customer service. The CEO’s vision includes supporting practices of all sizes, from part-time operators to multi-million-dollar firms
Taxaroo primarily serves small tax practices and individual tax professionals seeking to improve operational efficiency and client service. Its user base benefits from a secure, streamlined platform that enhances client communication and document management, fostering a better client experience both in and out of the office.
Taxaroo
By Taxaroo
