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Tax season always feels like a bad remake of “Groundhog Day.”
Year after year, it’s the same daunting experience: Gathering all your information from disparate sources, sending it to your CPA, and going back and forth with them, knowing they’re already stretched thin with who-knows-how-many other clients breathing down their necks.
On the other hand, investors incessantly reach out, wondering where their K-1s are. All the while, you can only hope you’ll be able to file everything on time and send out the K-1s to investors without resorting to extensions.
The current way things work during tax season leads to recurring issues, such as:
And all the while, you’re thinking – it’s 2023. There are self-driving cars, and scientists are growing cultured meat in a lab. There has to be a better way to do this. Well, there is. Agora is proud to introduce our new K-1 services.
From now on, our dedicated real estate expert CPAs and brand-new Tax Center platform are available to handle your tax return preparation from start to finish. You can communicate with your dedicated CPA, send & sign documents and get a progress overview from within the platform. No hassle, no extensions.
But first, what does Agora bring to the table that a ‘standard’ CPA doesn’t?
As a comprehensive investment management platform covering all end-to-end operations between firms and investors, Agora is uniquely positioned to streamline tax filings while cutting your costs in a way that no external CPA can:
Agora can simplify the process by eliminating one of the most cumbersome parts – collecting and sorting the data and documents.
At the outset, Agora’s in-house CPAs can access 50%-70% of the information they need to start the filing process because it’s already there, inside the platform. If you’re new to Agora, you can upload all the documents onto the platform with just a few clicks, and our CPAs will take it from there.
The new Tax Center is a dashboard you can access from within the Agora platform, where you can:
We hand-picked and vetted CPAs with vast real estate experience and expertise. Agora’s brand ensures that your tax filing is in the hands of the best professionals and that you get outstanding service.
Additionally, our award-winning team is fully available to accommodate any question or need you may have during the process.
Agora’s inherent advantage also comes into play with K-1 delivery. Since the platform already enables automated communication with your investors, they will get the K-1 directly into their respective Investor Portal without any required involvement or added work on your side.
The digitization of the data collection and communication process allows us to cut drastically in our CPAs’ work time, enabling us to offer competitive prices to our customers while providing the highest standard of service quality.
True to our general mission to make things easy and hassle-free for our customers, we created a filing work process that requires as little effort as possible from your end:
By using Agora’s tax preparation services, you’ll be able to take care of tax filing needs for yourself and your LPs with as little hassle as possible and for a fraction of the cost, so you can focus on running your business.
To learn more and watch a live demo, contact an Agora representative today.