TaxDome for Practice Management: Review, Tutorial, and Complete Demo

[@CarlosmGarciajr]

Hello/Hola, este tutorial tambien lo grabe en español para firmas contables latinas. kzbin.info/www/bejne/jmfFo4uEpb18jbM

[@HectorGarciaCPA]

Buenísimo

[@juliethcano4375]

Pero el portal no es amigable con nuestros clientes que solo hablan, escriben y leen solo en Español. El 86% de mis clientes solo hablan español. Quiero cambiarme a Taxdome, pero eso me detiene. Estoy ahora con el Trial, me encanta Taxdome. Pero me encantaria que fuera mas amigable con nuestra comunidad.

[@CarlosmGarciajr]

@@juliethcano4375 hola Julieth, en los settings (configuracion) sus clientes pueden cambiar el idioma a español y la navegación completa se puede hacer en español

[@nataliamartinezdearaujo1850]

What about Brazilian-Portuguese?

[@askcarlosg]

@@nataliamartinezdearaujo1850 Yes, it works with all languages :)

[@eddiemartinez9492]

Hector. I have to say, your's is one of the few channels I've found (in any subject) that consistently provides high value content on a consistent basis. It's important for us to do our own due diligence but it is appreciated that your opinion is always objective, transparent and reliable. Thanks!

[@HectorGarciaCPA]

Awesome

[@jaynefranzinoromero1640]

This video is SO well done, Hector. You and Carlos explain things simply and clearly. Many thanks!

[@HectorGarciaCPA]

Glad you liked it

[@CarlosmGarciajr]

Thank you Jayne!

[@CorridorOfWealth]

As always, thanks Hector you provided some great insights in how you utilize Tax Dome! And thank you Carlos, you showed some features we were not aware of using Tax Dome for the last few weeks!

[@HectorGarciaCPA]

Glad you liked it.

[@awesometaxes]

Thank you Hector & Carlos for breaking it down and showing us so many features. Definitely going to follow Carlos channel oce it is uploaded. If I stumble I will pay for him to automate.

[@HectorGarciaCPA]

Like carlos said, take advantage of their customer service team, because it has been very helpful to him

[@awesometaxes]

@@HectorGarciaCPA Thank you, they automated my system for me. I am really loving their system. I was using Dubsado before, they were good too. Just not for my Firm.

[@chesapeaketaxaccountingllc5012]

Great video gentlemen. I loved the dual view of what customer and also firm sees. Extremely helpful.

[@HectorGarciaCPA]

:)

[@keithstewart437]

One things I like is that you can sync the client in TaxDome to the client in QBO. Invoice information populates to QBO after invoicing in TaxDome. It doesn't have to be either/or.

[@HectorGarciaCPA]

Yes

[@danawaldrop4930]

I wish they would create that feature for Sage.

[@kaylaEA_]

@@danawaldrop4930If you’re a TaxDome customer, you can make suggestions or vote up a suggestion already made.

[@gwiszitstaxtime7293]

Love it! I'm a one man practice at the moment and it looks like I want to make the switch!

[@HectorGarciaCPA]

Cool

[@CarlosmGarciajr]

Best investment you’ll make

[@HectorGarciaCPA]

TaxDome has a 14 day free trial, and then costs $33/month (lite) or $66month/user for Pro (billed annually). Big decision, I know... Check it out: taxdome.com/?fpr=exceedsales

[@helenh470]

Gracia, really enjoy your channel and even more so to discover tax dome

[@HectorGarciaCPA]

Awesome

[@ProNext.Accounting]

Great season Hector, and Carlos.

[@HectorGarciaCPA]

Thanks

[@BryanNelsonEA]

Just signed up for taxdome thank you for the video Garcia brothers!

[@HectorGarciaCPA]

:)

[@CarlosmGarciajr]

Awesome!

[@renateschulmeistrat7341]

Great intro video. I looked at Tax Dome a while back but stayed with Canopy & Office Tools. Looks like Tax Dome can do what both Canopy & OT can do together.

[@HectorGarciaCPA]

Only thing Canopy “was” good at is the transcript request, but stopped working for me for some reason

[@kaylaEA_]

@@HectorGarciaCPAHave you tried the new transcript retrieval tool in TaxDome? Thoughts?

[@HectorGarciaCPA]

@@kaylaEA_ not yet

[@mercedesbello3868]

GRACIAS HECTOR & CARLOS, THIS IS THE SOFTWARE I WAS LOOKING FOR.

[@HectorGarciaCPA]

Awesome

[@CarlosmGarciajr]

Glad to hear! If you’re using it, feel free to subscribe to my channel as I’ll be posting videos on shortcuts and best practices

[@MoetheCPA]

So we did a TD demo today and it all looked really nice up until the point where it could not track time with billable rates. How would you go about tracking time tracking staff productivity, WIP etc.? We use Practice CS now amd the folks like it and already have a hard time with change. Would it be good to tell them to use QBO Accountant time tracking and some how Integrated TD so all the clients show in both places?

[@CarlosmGarciajr]

Hi Moe, checking in on this comment. They are actually going to be rolling out this feature soon. I believe after tax season 2023

[@stacieswanner7974]

Does the pro version include unlimited clients?

[@HectorGarciaCPA]

Yes, i have not had a client limit yet, I am at 500+

[@CarlosmGarciajr]

Yes, there is unlimited client CRM and document storage!

[@ochicoloto3524]

nice video. must customers want their fees be deducted from their returns. how do you handle invoices in such cases?

[@HectorGarciaCPA]

TaxDome cannot do that

[@marthacressy7543]

I looked at the outline and it didn't show "onboarding". Is ir discussed in the video? Lead capture, proposal, etc?

[@HectorGarciaCPA]

We touch the surface on several things, but so not go in depth on everything; that would be an 8 hour video

[@CarlosmGarciajr]

Hi Martha, the taxdome website has great resources and blogs that share best practices, among those onboarding is discussed. There’s also a FB group with over 2k members who help each other a bunch. Hope that helps!

[@CarlosmGarciajr]

kzbin.info/www/bejne/oJ_GiaWqe7God7M this vid walks through how to automate a prospect onboarding/ quote. Hope that helps

[@MoetheCPA]

If you have a client that has 30 entities 30 tax returns basically how do you manage that?

[@HectorGarciaCPA]

If is the same owners, you can load them as one account, but split it with folders. Or you can create 30 accounts and link one contact to it. We have several like that. Works well

[@muhammadabuzar2093]

Informative

[@HectorGarciaCPA]

Goad you liked it

[@booneyan2298]

is there a extra fee for accepting credit?

[@HectorGarciaCPA]

Always

[@MoetheCPA]

So we are doing demos on Canopy, Mango and hopefully Tax Dome - what can you say about Canopy vs Tax Dome? to me from my few hours of research the difference is that Canopy can do IRS transcripts - but the cost is over double for Canopy. If this is the only difference than you can just use the IRS transcripts program as a standalone for $50 per month for one user with a #caf and then just use Tax Dome and save tons of money?

[@HectorGarciaCPA]

Canopy is the only one that claims to do those transcripts, i have never tried it. We love taxdome in our firm

[@dons1643]

Hey Carlos or Hector this video is Jan 2022 how did it go in tax season in Jan-Apr 2023? Do you feel like it helped you control your process better and client involvement and client awareness of the steps involved...

[@HectorGarciaCPA]

Couldn’t do it without it. Doing 500+ tax returns via TaxDome

[@dons1643]

@@HectorGarciaCPA do you use the invoice feature? I am trying and have numerous errors not syncing with QBO, and so on... I spend a lot of time trying to resolve issues - I do less than 100 TRs and am implementing with my Bookkeeping clients and the invoicing feature is painful syncing with QBO... just sayin'

[@nataliamartinezdearaujo1850]

What is the difference between Taxdome and Financial Cents?

[@HectorGarciaCPA]

I dont use FinancialCents, so couldnt answer that. But i been told they are different

[@dons1643]

goog note about the invoicing,,, I just switched to new payment processors, and Gateway from Intuit,,, isn't Stripe expensive? IMO having a tax client able to see invoice is not a good thing... they can see how much they paid last year and oh it went up... why is that... more questions...

[@HectorGarciaCPA]

Stripe is not expensive, is avg

[@CarlosmGarciajr]

Added a Taxdome playbook video for those who have TD and want to document their processes for their teams: kzbin.info/www/bejne/pp7Jnp6Lj9aBe8U

[@HectorGarciaCPA]

This is great

[@dons1643]

can you see all the Third party shares - all the shares of your client files that you shared with another person or company like the bank? and or cancel them at any time and can you expire the shares to third party ?

[@HectorGarciaCPA]

Yes.. and you can expire them too

[@dons1643]

are the esignatures part of the monthly $50 cost? Does customer get email notification automatically about the fact that you uploaded a doc for them to sign? or do you have to send the email? or can you manually send the email adding any comments you want them to see about the document they are signing?

[@HectorGarciaCPA]

No, this cost $1 each

[@eddiemartinez9492]

Excellent gentlemen! Quick question, does TD link with QB to get all your clients into TD or is there a way to upload clients from excel/csv?

[@HectorGarciaCPA]

Yes there is.

[@eddiemartinez9492]

@Hector Garcia CPA thanks Hector! You didn't mention it clearly in the demo but does the billing in tax Dome also link with QB or do you have to reenter them in QB?

[@CarlosmGarciajr]

Hey Eddie, billing only links through stripe or CPA charge. The only piece you can sync back to QBO is the billing from TD to QBO if you invoice via stripe or CPA charge. Hope that helps

[@dons1643]

thanks for all the good info. Hector! in the Organizer can the Required Questions that are Required - can they be marked so the client knows they MUST answer these? If I don't get the questions answered i have created a template email to send out that tells them I need to know these answers.... like did you trade Crypto or how do you want your refund check or Dir Deposited to bank...???

[@HectorGarciaCPA]

Yes

[@tmcvp4]

Can I do its affiliate marketing?

[@HectorGarciaCPA]

I don’t know

[@alenbabakhanians5864]

⁠Hi Hector, thank you for the amazing videos you provide. Do you pick taxdome over canopy ?

[@HectorGarciaCPA]

I use TaxDome now.. never used Canopy, so cant give you an objective comparison :(

[@alenbabakhanians5864]

@@HectorGarciaCPA thank you for the feedback

[@uknowdisman]

Why did you select TD over Karbon?

[@HectorGarciaCPA]

I specifically needed e-signature, locking docs with invoices, and customized workflows. Karbon didnt have that when i used it like 2 years ago.

[@CarlosmGarciajr]

Hello, In addition to Hector’s comments, I also think that for $50 a month per user paid annually on the TD pro plan you get more for the money. It looks like Karbon’s team plan is $59 a mo (per user paid annually) and limits storage, limits the total client list to 1000. Both of these are unlimited with TD. Lastly, their unlimited onboarding and training being included is a great value proposition to help you feel comfortable with using the app.

[@uknowdisman]

@@CarlosmGarciajr probably too late to onboard for this tax season? When is the best time of year to get started or there is never a perfect time?