I just want to give you an update on the RedGear contract negotiations. First off I want to tell you if you were not already aware of that RedGear/TaxWorks are owned now by H&R Block. When I first began using TaxWorks I was dealing with the previous owners, however since H&R Block has taken over things have changed.
My whole company was established to help you and I get better pricing on software, be able to compete with the H&R Blocks and be competitive on bank products. We did that however by us coming in and offering great products at such low prices our competitors began to talk bad about us and say things that are not true. Most of you guys bought ATX from me before CCH pulled our contract because we were selling it to you. In the beginning TaxSlayer sold us software but after us being so successful they doubled our price the second year, and through all of this we never raised prices on you guys.
Our TRX-Pro is 100% complete, and is by far superior to RedGear and our other competitors for the simple fact we listened to you and other tax preparers to develop it. The majority of our Tax Team has been doing tax returns for 15 years in high volume offices. The release for 2012 is totally updated from last year or the demo so if you thought you had already seen our software you are wrong. I hope you will consider our TRX-Pro because it is the only TRX-Pro we will be selling.
If you want to see what RedGear would cost you in addition to what you have already paid here is what they are offering:
We have been trying to work a deal with RedGear and the best they have come up with for what they gave us last year would cost you an additional $800.00 which would include the asset manager. In addition to this I would have to guarantee RedGear you would send 25,000 bank products through RedGear or I would have to pay then an additional $100,000.00.
Respectfully,
Doug Hughes
President TRX Software Development, Inc.