Company Profile (AI Text)
Name: Happy Tax
Canonical URL: https://wefunder.com/hgnghj
Updated at: 2026-06-02T05:00:08Z

Tagline: Offering Convenient, On-Demand CPA Prepared Tax Preparation
Elevator pitch: After 15 years in the tax industry and multiple startup exits I had a realization: there needs to be a better way to file taxes. Happy Tax’s patent-pending assembly line empowers entrepreneurs to offer professional tax services with everyone specializing in what they do best. Franchisees and IC's deal with clients, our app collects the information, and our CPAs prepare the actual tax returns. Happy Tax is the scalable platform powering a new hybrid industry of convenient tax preparation.

Key claims:
- Total raised on Wefunder: 526505 | citation: https://wefunder.com/hgnghj#claim-total-raised
- Total investors: 345 | citation: https://wefunder.com/hgnghj#claim-total-investors

Verified facts:
- Total raised on Wefunder: 526505 | observed_at: 2026-06-02T05:00:08Z | expires_at: 2026-06-03T05:00:08Z
- Total investors: 345 | observed_at: 2026-06-02T05:00:08Z | expires_at: 2026-06-03T05:00:08Z

Computed metrics:
- total_amount_raised: 526505
- total_investors: 345
- team_size: 1
- featured_investor_count: 0
- faq_count: 5
- recent_post_count: 0

Quick facts:
- Ranked #42 on Entrepreneur Magazine's List of Fastest-Growing Franchises. | citation: https://wefunder.com/hgnghj#claim-fact-1
- Founder Mario Costanz recognized by Forbes as one of the “Gutsiest Entrepreneurs” in the world. | citation: https://wefunder.com/hgnghj#claim-fact-2
- Contracted over 300 area representatives, Franchisees, and Independent Contractors in under 2 years. | citation: https://wefunder.com/hgnghj#claim-fact-3
- Successfully defended trademark infringement of largest retailer in the U.S. with litigation. | citation: https://wefunder.com/hgnghj#claim-fact-4
- Ranked Top Franchise Brand by Entrepreneur Magazine in 2017. | citation: https://wefunder.com/hgnghj#claim-fact-5
- Mario Costanz named “One To Watch” on Accounting Today’s 2017 Top 100 Most Influential People list. | citation: https://wefunder.com/hgnghj#claim-fact-6

FAQ:
- Q: Mario- Congrats on your success so far. Could you discuss the financials of the company since 4/30/2016? Your IS, BS and CF hasn't been updated in nearly a year and it sounds like quite a lot has happened in that time. Thanks for your help!
  A: Good morning Josh. Thank you for your question, your interest and your kind words. In line with the other large players in the industry, our fiscal year ends on 4/30. While we still have what we call "2nd Peak" in front of us with the upcoming filing deadline approaching and more revenues from that, we do keep consistently keep our eyes on our growth throughout the year. Year over year as of March 30, we are up 319% in franchise fees and tax prep fees in our core business. Last year's revenue...
- Q: 1. Point to Josh'es question, I would also like to hear financial projections for this year. 2. As I am an European then we do our tax returns differently and I want to understand what is the average tax return per individual in US, to understand your 300 USD fee proportion co...
  A: Hi Kristaps. Thanks for your questions and your interest. Here is my feedback on your points: 1. As to year over year growth, we are up 319% in franchise fees and tax prep fees as of March 30 which excludes a discontinued legacy retail tax business which we sold this fiscal year. The proceeds from that sale went into fund our core business and our growth. We do not currently give projections moving forward although we are very focused on achieving our goal of attaining 1% of market share in o...
- Q: Interesting business model, a great fit for the growing number of people who want a quick and easy app for everything! I have two questions before potentially investing: 1. The CPA fees seem low - are they in some way proven to be market value and likely to be accepted by enou...
  A: Thank you for the question and kind words Alan. ;) To answer your questions: 1. We've built efficiencies into our business model to enable to keep costs down. It is truly a virtual assembly line. Information originated by our franchisees and independent contractors flows automatically and securely by API's from our app to our tax software along with pictures of tax documents. We then have experienced tax professionals handle data entry and setting up the return to be handed over to our CPA's....
- Q: As an investor, how can I potentially make money by investing in Happy Tax?
  A: Hi Robert, thanks for your question. As an investor in Happy Tax you are going to participate in the growth of the company value of Happy Tax, along with the Founder (me) and our Team. I have personally invested over $1.0 million into the company and believe strongly in the long-term value and cash flow potential of our business. We are re-inventing how taxes are done, eliminating huge overhead, huge fixed costs and using technology to create an efficient, convenient service for our customers...
- Q: Congrats on your settlement with Wallymart! Nice to see you defending your brand. Interested in investing but I have a question about the CPA help in tax preparation. How will they interact with the app customers? Phone or chat? Will they be able to walk through the return wit...
  A: Hi Lisa, thanks for your interest and your question. ;) Our customers have in app chat support as well as phone and email support available anytime prior to, during or after the process. We are a full service CPA firm, just doing it virtually in the most convenient manner. Here's the process in a nutshell, a client will either download our app directly or meet with one of our franchisees/independent contractors. Their information will be entered in (name, address, dependents, questionnaire, e...