North America Business Awards 2024| 9 Nov24095 5L2F LLC is an honest tax preparation and cash basis accounting firm specializing in straightforward and affordable tax preparation services. Having delivered its professional and efficient business model since 2022 (tax field since 2007), 5L2F LLC is not only distinguished by its experience, it stands out over its competitors by not trying to go big and incorporate numerous functions into its operation. A firm quite unlike any other, clients return to it as a result of the transparency they see displayed at every turn. Most Affordable Tax Firm 2024 – Maryland & Tax Software Innovation Award 2024 reparing and filing the tax returns of personal and business clients, as well as non-profits and trusts, 5L2F LLC has low fees and just one software system. As the businesses around it have continued to add new services and expand – meaning that their clients now have to pay more for exactly the same as they were getting before but with worse customer service – this firm strives to keeps things simple and effective, because it knows that this is exactly what its clients are after when it comes to tax. There have been countless examples of similar companies diving into evolving technology and haphazardly integrating this into their services. This may work well for some firms, but it fails just as often. In the steadfast world of tax, all that is really necessary is a knowledge of the taxes themselves and how to prepare them properly. Because 5L2F LLC is capable of doing this effectively, there is no technology apart from its one faithful system that it needs to consistently deliver a great service to every valued client. Thanks to this undemanding approach, the firm is able to keep its prices affordable and its methods personal, resulting in it being able to offer something that these constantly evolving businesses cannot – consistency. As CEO Brandon Gingery explains: “When you call us, you talk to the person who is actually preparing and filing your tax returns. We don’t hand you off to others.” This reinforces the refreshing simplicity of 5L2F LLC, which is proud to remain a small, client-centric, and people-led operation. On the back of this ethos, there is no culture as such to speak of at 5L2F LLC. According to Brandon: “Culture doesn’t matter if you’re already treating your clients the way they are supposed to be treated.” This CEO certainly has a point, and since the firm’s foundation is built on a strong belief in God, upholding this guiding value is second nature to this team. “If you follow the word of God,” Brandon says, “you don’t need to worry about culture.” With this unwavering commitment to faith having also guided 5L2F LLC through the chaotic modern economy, Brandon shares with us that the firm in a position where it is looking to further expand. 5L2F LLC already has two offices to its name – one in Elkton, Maryland and the other in Aurora, Colorado – and the firm is utilizing these to obtain more clients, fleshing out an international network that has already made the switch away from the overly complex methods of CPA firms. Even though 5L2F LLC boasts clients from around the world, its business does not come from advertising, but instead through word-of-mouth referrals. . Despite work being more than steady, finding these new clients remains the main challenge for the firm going forward, and it one day hopes to serve people in every US state. Clearly this approach is paying off, as having garnered more than 100 clients over the past two years alone – of which only one did not sign on the following year due to her receiving a free tax preparation service from AAA – things are only going from strength to strength for this firm renowned for its low costs and human-led customer service. These awards thus reflect both the affordable nature and unique innovation of the firm. Emphasizing this difference, Brandon signs off by saying: “We don’t charge high fees because the current CPA/enrolled agent market charges high fees and then you see those firms with expensive buildings, cars, etc. That to me is wrong.” Receiving an honest wage for doing an honest day’s work, 5L2F LLC is a beacon of coherence in a convoluted industry. Contact: Brandon Gingery Company: 5L2F LLC Web Address: https://www.5l2fllc.com/ P Too many firms either go for high-networth clients or middle-class clients. We take clients of every monetary background, which coincides with our motto: ‘No client too big or too small, choose us to file it all.’ “ ”
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