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What's great
about our system is that Liquid Tax prepares the return in
Atlanta and the dealer prints the check from any location in the
country.
Cammy Loftin, President, Liquid Tax
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| (L-R) Liquid Tax Director of Business
Development Luz Pulgarin, Founder Ron Loftin, President
Cammy Loftin. |
As 2008 winds to a close, it's important to plan for the 2008
Tax Season right now. With the typical rent-to-own store serving
close to 400 customers, consider the incremental revenue
opportunity if half select to file their tax returns through
you. With a partner like Liquid Tax, those 200 customers could
amount to up to $20,000 in commissions, per store. And that
doesn't account for the additional revenue generated when those
customers choose to spend a portion of their refund in your
location.
Liquid Tax offers tax preparation services that are as flexible
as their name suggests. With the company's exclusive Remote
Check Print Software, dealers simply fax 5 to 6 pages of the
client's information to Liquid Tax's toll-free number and Liquid
Tax's professionals will prepare the return and transmit it to
the IRS. Then, the dealer can print the refund check on site in
their store the next day and collect a commission from Liquid
Tax of up to $100 per return.
"What's great about our system is that Liquid Tax prepares the
return in Atlanta and the dealer prints the check from any
location in the country," says Liquid Tax President Cammy Loftin.
"We'll e-mail a PDF file of the client's 1040 directly to the RTO
store, allowing them to provide the same basic tax prep services
as H&R Block, Jackson Hewitt, and Liberty Tax."
Liquid Tax Founder Ron Loftin adds, "This entire process is
quick and easy for the rental industry. Liquid Tax dealers
aren't required to have any tax knowledge and they assume no
liability. And the entire process only takes about 15-20
minutes."
The Loftins are no strangers to serving the credit constrained
customer base. The two have spent more than 12 years as owners
of United Distributors, an aggregate prepaid wireless
distributor providing simple, affordable, high quality prepaid
wireless telephone services in communities and markets that have
been historically under-served. Their existing dealer network
numbers more than 3,000 locations, including RTO stores, pawn
shops, check cashers, convenience stores, used car lots, prepaid
cell phone stores, supermarkets, staffing firms, and a state
chartered bank in Georgia with assets just shy of $500 million.
Liquid Tax currently has a presence in 8 states. "We are rapidly
growing," Ron Loftin says, "and will have dealers in 17 or 18
states by January 2009. With Liquid Tax's remote check print
software, our products and services offer a convenience to
customers and an opportunity for dealers to increase revenue
without increasing their overhead."
Adds Cammy Loftin, "Dealers can be in the tax business for
themselves, but not by themselves."
Dealers agree the Liquid Tax program is effective.
"The check print interface is extremely easy to use and happens
very quickly," says Lavelle Tucker, owner of First Choice
Wireless in Wisconsin. "We have been using Liquid Tax's Refund
Check print software with excellent results, and I don't have to
worry about preparing the taxes from my location, because that's
all handled in Atlanta by Cammy and her group at Liquid Tax. The
Liquid Tax check print program has been very beneficial, and I
also appreciate the ability to provide tax prep services to my
customers who otherwise would have their taxes prepared
somewhere else."
Adrian Cutler, owner of Adrian's Pawn in Oklahoma City,
Oklahoma, evaluated ease and user friendliness of the interface.
He says, "The Liquid Tax remote check print software gives us
what's most important: the ability to generate extra revenues
off existing customers with no headache." He adds, "I must
admit, I wasn't expecting the product to be this easy to use. It
couldn't be simpler: install, set your printer, and start
printing refund checks in less than a minute."
Liquid Tax's program provides the following features:
- Individual Tax Prep on-site Refund Check printing Software
- Check Stock needed to print checks
- Electronic Filing
- All State and Local filings
- Bank Product Processing
- Marketing Materials
- Software Training
- Toll Free Support in English and Spanish
- Data Conversions
- PDF Format File transfer
- Back up of e-filed client data
About Liquid Tax
Liquid Tax pioneered the technology credited with helping reduce
the high fees traditionally associated with tax preparation and
fast tax refunds while at the same time helping retailers create
additional revenues. Liquid Tax is continuously working to
develop ideas and new technologies that will help retailers
discover innovative ways to enhance their revenue capabilities
by providing additional services their customers need. For more
information, visit www.liquid-tax.com or contact Sales at Liquid
Tax toll free at 1-888-541-4443.
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