Financial Gravity Launches SaaS Tax Operating System® 2.0

Rhea-AI Summary

Financial Gravity Companies (OTCQB: FGCO) announced the launch of Tax Master Network's Tax Operating System® 2.0 on June 17, 2021. This enhanced SaaS tool automates tax management processes, integrating seamlessly with CRMs to improve efficiency and reduce errors. TMN CEO Ed Lyon highlighted that the new version saves time and minimizes costly mistakes that could attract IRS scrutiny. TMN helps tax professionals become Family Office Directors, providing tools and training for integrated wealth management services. The update aims to enhance service delivery and client satisfaction.

Positive

• Launch of Tax Operating System® 2.0 enhances efficiency for tax professionals.
• Integration with SalesForce improves task automation.
• TMN's training programs elevate CPAs and EAs to Family Office Directors.

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• None.

CINCINNATI, June 17, 2021 /PRNewswire/ -- Financial Gravity Companies Inc. (OTCQB: FGCO), announced the launch of Tax Master Network's Tax Operating System® 2.0.

Tax professionals understand proactive planning is the key to savings. For 16 years, Financial Gravity's Tax Master Network (TMN) subsidiary has helped users diagnose mistakes and missed opportunities that cost clients taxes they don't have to pay and produce a written "prescription" to avoid them. That left users responsible for "filling the prescription" and implementing recommendations.

Last year, TMN rolled out a SaaS-based tool to automate those processes. The Tax Operating System® works with a CRM system to load the forms, templates, email reminders, and documents into a single integrated tool. It comes bundled into TMN's "Advanced" and "Elite" levels. Version 2.0 moves the system to a more powerful SalesForce platform and automates even more tasks. "Version 2.0 saves time coordinating different tasks," said TMN CEO Ed Lyon. "It also avoids costly mistakes and 'dropped balls' that aggravate clients and draw IRS attention," he continued.

TMN converts CPAs and EAs into Family Office Directors who provide  integrated tax and wealth management services using Financial Gravity's proprietary planning and asset management platform. Members enjoy planning tools plus comprehensive marketing and technical tax training programs and resources. Interested professionals can visit www.TaxMasterNetwork.com/ to learn more.

About Financial Gravity Companies, Inc.
Financial Gravity Companies is a parent company of financial services companies including brokerage, wealth management, estate planning, family office services, risk management, business and personal tax planning, business consulting, and financial advisor services. Financial Gravity's mission is to synergistically bring together companies that create symbiotic advantages to each other in order to bring a complete financial experience to our clients. www.financialgravity.com

Forward-Looking Statements
This press release contains "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from the current expectations. No forward-looking statement can be guaranteed.

Forward-looking statements in this press release should be evaluated together with the many uncertainties that affect Financial Gravity's business, and Financial Gravity undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

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SOURCE Financial Gravity Companies, Inc.

FAQ

What is the Tax Operating System® 2.0 launched by FGCO?

The Tax Operating System® 2.0 is a SaaS tool that automates tax management processes for tax professionals, launched by Financial Gravity Companies' subsidiary on June 17, 2021.

How does Tax Operating System® 2.0 improve efficiency for tax professionals?

It integrates with CRM systems to automate documentation and task management, reducing errors and saving time in tax preparation.

What benefits do tax professionals gain from using Tax Master Network?

Tax professionals gain access to planning tools, marketing resources, and training programs that enable them to provide comprehensive wealth management services.

What is the significance of the release date of Tax Operating System® 2.0?

The release date on June 17, 2021, marks an important development in Financial Gravity's efforts to optimize tax management solutions for professionals.