Tax season can be a headache for 1099 real estate professionals, who must estimate quarterly tax payments, track expenses, and navigate complex deductions. To simplify this process, Tongo has partnered with april, an AI-powered tax platform, to provide seamless tax filing and estimation tailored to commission-based professionals.
Unlike salaried workers who have payroll deductions, real estate agents experience irregular income due to market fluctuations, interest rates, and seasonality. This variability makes tax planning challenging, often leading to underpayment penalties or overpayment inefficiencies. With Tongo’s Tax Filer, powered by april, agents can now:
Seamless Integration with Tongo’s Financial Benefits Platform already provides automated savings, budgeting, and early commission access to help agents smooth out cash flow between closings. Now, with tax filing capabilities, agents can better manage their financial health year-round. As Brandon Wright, CEO of Tongo, explains: “Until now, real estate professionals have struggled with tax planning. april enables us to deliver tailored financial services that help agents remain compliant and financially secure.” By embedding april’s tax technology, Tongo joins forward-thinking platforms making financial management easier and more transparent for independent professionals. Learn more about Tongo’s Tax Filer and how it can help you navigate taxes seamlessly in our official partnership announcement and april’s feature integration.