WikiMini

TaxSlayer

TaxSlayer LLC
Company typePrivate
IndustryTax software
Founded1965; 60 years ago (1965)
FounderAubrey Rhodes, Sr.
Headquarters
Key people
Brian Rhodes (President and CEO)
Products
Websitetaxslayer.com

TaxSlayer LLC (formerly known as TaxSlayer.com) is a privately held tax preparation and tax software company based in Augusta, Georgia. The company offers online tax preparation for American consumers and tax professionals, as well as other services for businesses.

According to the National Association of Tax Professionals (NATP), TaxSlayer Pro is one of the top-rated software packages for tax professionals in the U.S.[1] In 2015, the IRS awarded TaxSlayer with the exclusive five-year contracts for the VITA and TCE programs, which provide electronic tax preparation assistance for taxpayers who are low-income, elderly, disabled or who have limited English language proficiency in over 9,500 locations worldwide.[2] Over 90,000 tax preparers use TaxSlayer as part of the program.[3]

In 2010, the company built its headquarters building in Evans, Georgia, a large suburb of metro Augusta. In 2017, the company purchased a building in Downtown Augusta’s Innovation Zone.[4][5]

The company is also known for its sports sponsorships, such as the TaxSlayer Bowl, a major college football bowl game in Jacksonville, Florida previously known as the Gator Bowl. Other sports sponsorships have included: Dale Earnhardt Jr., NASCAR and the JR Motorsports team, as well as three PGA Tour golfers.

History

[edit]

In the early 1960s, Aubrey Rhodes, Sr. founded Rhodes-Murphy & Co., a full-service tax preparation company that remains in operation in Georgia and South Carolina. In 1989, the company formed a subsidiary, Rhodes Computer Services, to start developing tax preparation software for others to use.[citation needed]

Four years later, Rhodes Computer began selling taxation software known as "Taxslayer Pro" to tax preparers and accountants throughout the United States.[6] TaxSlayer was named for the original email address of Jimmy Rhodes, son of Aubrey and the President and CEO at the time.[7]

In 1998, the firm began developing TaxSlayer.com to market its software to individuals.[8][9]

TaxSlayer headquarters located in Augusta, Georgia.

Product offerings

[edit]

TaxSlayer produces software for several different market segments: consumers, professional tax preparers and the IRS VITA (Volunteer Income Tax Assistance) and TCE (Tax Counseling for the Elderly) program volunteers.

TaxSlayer Pro is designed to be licensed by members of tax preparation practices and small to mid-sized accounting firms.[10][11]

Government partnerships

[edit]

IRS VITA/TCE

[edit]

TaxSlayer maintains a continuing partnership with the Federal VITA and TCE programs. Both programs provide tax preparation assistance to Americans who may require assistance filing. VITA provides IRS-trained tax preparers who help those who are disabled, are low income,[12] or limited in English proficiency, while TCE provides a similar service to the elderly. Both use TaxSlayer-provided software to aid them in their work.[2]

Free File Alliance

[edit]

In addition to their paid offerings, TaxSlayer also participates in the IRS Free File Alliance, a nonprofit coalition of industry-leading tax software companies that partnered with the IRS to help millions of Americans prepare and e-file their federal tax returns for free.[13] By participating in this program, TaxSlayer guarantees free preparation and e-filing to taxpayers who meet a set of income criteria.[14]

Sports sponsorships

[edit]

TaxSlayer Center

[edit]

The TaxSlayer Center is a 12,000-seat arena located in Moline, Illinois, of the Quad Cities region. The stadium is home to the Quad City Storm, a minor league professional hockey team, and the Quad City Steamwheelers of the Champions Indoor Football League. TaxSlayer purchased the naming rights to the stadium for a contract of more than $3.3 million over 10 years as part of a partnership enabling recreation and community in smaller cities, while promoting TaxSlayer’s brand in a burgeoning market.[15]

College football

[edit]
The TaxSlayer.com Nationwide Series car on the field during the 2012 Gator Bowl coin toss

In 2014 the company struck a six-year deal with Gator Bowl Sports to rename the bowl the TaxSlayer Bowl beginning in 2015.[16][17][18]

TaxSlayer.com has also been an associate sponsor of the Armed Forces Bowl and BBVA Compass Bowl.[19][20]

NASCAR

[edit]

TaxSlayer has been a primary sponsor of several top-tier NASCAR drivers, such as Bobby Labonte,[21][22] Dale Earnhardt Jr.[23][24] and Regan Smith.[25][26]

Professional golf

[edit]

TaxSlayer sponsors PGA Tour golfers Patrick Reed,[27] Henrik Norlander and Kevin Kisner.[28]

References

[edit]
  1. ^ "Sorting Out Software: Analyzing the results of NATP's annual survey" (PDF). NATP TAXPRO Journal. Fall 2017.
  2. ^ a b Cohn, Michael (2015-12-10). "IRS Picks TaxSlayer for VITA and TCE Programs". Accounting Today. Retrieved 2017-11-13.
  3. ^ "2018 Partner Resource Guide" (PDF). www.IRS.gov. Archived from the original (PDF) on 2011-10-12.
  4. ^ Hotchkiss, Joe (2017-08-22). "TaxSlayer unveils plans for downtown office". San Francisco Chronicle. Archived from the original on 2017-08-23. Retrieved 2017-11-13.
  5. ^ The Augusta Chronicle "Highlights of new rules and benefits", The Augusta Chronicle, 9 February 2003. Retrieved on 2010-8-12.
  6. ^ "Tax Preparation Services Augusta, GA | Aiken, SC | Evans, GA | Taxes | Fast Refunds". www.rhodesmurphy.com. Archived from the original on 2010-01-21.
  7. ^ TaxSlayer.com. "Company History and Mission Statement of TaxSlayer.com". TaxSlayer.com. Retrieved 2017-11-13.
  8. ^ The Augusta Chronicle "Tax software earns national notice", The Augusta Chronicle, 14 December 2002. Retrieved on 2010-8-12.
  9. ^ The Augusta Chronicle "On the money", The Augusta Chronicle, 10 March 2002. Retrieved on 2010-8-12.
  10. ^ Girsch-Bock, Mary (2017-08-17). "2017 Review of TaxSlayer Pro". CPA Practice Advisor. Retrieved 2017-11-14.
  11. ^ "Going global: Tax considerations for small businesses with international markets" (PDF). TaxPro Journal. Fall 2016. Archived from the original (PDF) on 2016-07-05.
  12. ^ "IRS Tax Volunteers | Internal Revenue Service". www.irs.gov. Retrieved 2017-12-11.
  13. ^ Acton, Brian (2017-01-26). "The ultimate guide to filing your taxes for free". USA TODAY. Retrieved 2017-11-13.
  14. ^ "About the Free File Alliance | Internal Revenue Service". www.irs.gov. Retrieved 2017-11-13.
  15. ^ Hancock, Amanda (2017-09-28). ""People will start to recognize it pretty quickly": Arena officials laud benefits of "brand awareness" as iWireless Center becomes TaxSlayer Center". The Quad-City Times. Retrieved 2017-11-13.
  16. ^ Barney, Justin (April 4, 2014). "Gator Bowl becomes Taxslayer Bowl with new 6-year deal". The Florida Times-Union. Retrieved April 7, 2014.
  17. ^ ESPN Sports "Taxslayer.com Gator Bowl", ESPN, 4 December 2011. Retrieved on 2012-2-17.
  18. ^ TaxSlayer.com. "Gator Bowl Press Release". TaxSlayer.com. Retrieved 2017-11-13.
  19. ^ Armed Forces Bowl "Partners" Archived 2010-10-16 at the Wayback Machine, Armed Forces Bowl, Retrieved on 2012-2-17.
  20. ^ BBVA Compass Bowl "PLATINUM SPONSORS" Archived 2012-02-04 at the Wayback Machine, BBVA Compass Bowl, Retrieved on 2012-2-17.
  21. ^ Nascar.com "Labonte, TaxSlayer.com return to TRG Motorsports", NASCAR, 14 November 2009. Retrieved on 2010-8-12.
  22. ^ Motorsports, JR. "JR Motorsports". www.jrmracing.com. Retrieved 2017-11-13.
  23. ^ "TaxSlayer.com, Earnhardt Jr. expand partnership". NASCAR.com. 2015-09-23. Retrieved 2017-11-13.
  24. ^ Yahoo! Sports "Dale Earnhardt Jr. drives on grass, flips (coin) at Gator Bowl", Yahoo, 02 January 2012. Retrieved on 2012-1-12.
  25. ^ NASCAR "Regan Smith Pads Nationwide Lead With Michigan Win", Nascar.com, 15 June 2013. Retrieved on 2013-6-26.
  26. ^ Gluck, Jeff (2013-05-04). "Regan Smith takes Nationwide at Talladega after review". USA TODAY. Retrieved 2017-11-13.
  27. ^ "Sponsors". Patrick Reed. Retrieved 2017-11-13.
  28. ^ "Kevin Kisner". kevinkisner.com. Archived from the original on November 14, 2017. Retrieved 2017-11-13.
[edit]