Smart Tax Featured in New Haven Register

Smart Tax was recently featured in an article in the New Haven Register entitled, “Website, Tax Firm Eye Area for Expansion.” The article was built from an in-depth interview with Nick Rizzi and discusses Smart Tax’s expansion strategy throughout the region to open 15 locations over the next 2 years. The story delves into Nick Rizzi’s entrepreneur story and also provides a link to the website to point entrepreneurs in the right direction. A portion of the story is shared below, and you can the full article here.

Website, tax firm eye area for expansion
By Angela Carter

Owners of a new tax preparation franchise, and a website where companies sell excess inventory, are eyeing the New Haven area for expansion.

Nick Rizzi, chief executive officer of Smart Tax of Brooklyn, N.Y., said he is looking for franchisees to open 15 locations across New Haven, East Haven, North Haven, West Haven and Hamden by the 2012 tax season.

“There are pockets in those areas that are just screaming they need help,” he said. “I see a lot of potential here. If I had the wherewithal, I would do it myself.”

Rizzi initially approached other tax franchises, but none of them had territories available in areas he wanted. “I decided to go it alone,” the former financial planner said.

Franchisees and tax preparers working with them will need to be certified and take continuing education courses, under new rules being implemented by the Internal Revenue Service.

Smart Tax has 10 offices in New York, New Jersey and Texas; Rizzi also plans to expand into Pennsylvania.

The franchise fee is $20,000, half of which is due at closing, and the remainder would be due after a franchisee’s first tax season. For more information on becoming a franchisee, visit www.thesmartwaytofile.com.

To read the rest of the article from the New Haven Register, please click here.