Formations
Formations provides financial management solutions for the self-employed, including tax filing, bookkeeping, and payroll services, enhanced by their AI tax assistant, MAX.
Company Overview
Formations offers financial management solutions tailored specifically for the self-employed, including real estate agents and consultants. They provide a range of services aimed at optimizing financial management and maximizing take-home pay. Through their advanced platform, clients can manage their taxes, bookkeeping, and payroll with ease.
Financial Management Services
Formations offers a variety of financial management services designed for the self-employed. They feature subscription packages that include tax filing and comprehensive financial management. Clients can increase their take-home pay by an average of $11,000 each year using these services. The platform incorporates tools like a savings calculator to estimate potential tax savings.
AI Tax Assistant: MAX
The company provides an AI-driven tax assistant named MAX to help with tax and incorporation queries. This service, known as 'Ask MAX!', offers instant tax insights and support, making it easier for clients to manage their tax obligations efficiently.
Partnerships and Integrations
Formations partners with industry-leading software providers like Xero and Gusto to integrate their services seamlessly with their platform. These partnerships enhance the functionality and convenience of their financial management solutions, offering a comprehensive experience for the self-employed.
Educational Resources and Webinars
To support their clients, Formations hosts educational webinars and maintains a blog with numerous resources tailored for the self-employed. These resources help clients stay informed about best practices in financial management, tax regulations, and other relevant topics, promoting a better understanding of their financial landscape.