Business
LegalZoom Launches ‘LZ Books’ for Small Business Owners Seeking a Simple Accounting Solution, Built to Make Tax Time Easy
The new offering is designed specifically for solopreneurs, with the goal of demystifying accounting and tax, and for a limited time comes with access to a
About this update from Legalzoom.com, Inc.
[{"type":"text","content":"The new offering is designed specifically for solopreneurs, with the goal of demystifying accounting and tax, and for a limited time comes with access to a CPA\nGLENDALE, Calif., Aug. 03, 2023 (GLOBE NEWSWIRE) -- LegalZoom, the No. 1 choice in online small business formations, today announced LZ Books, an online accounting solution developed specifically to empower solopreneurs to effectively manage their books, secure new work, and be prepared for tax time, all with a budget-friendly solution. LZ Books provides a simple, automated accounting offering as well as the ability to send unlimited, custom-branded proposals and invoices, receive payments 24/7 from clients, link bank accounts for automated income and expense categorization, and access month-over-month cash flow trends. Plus, customers utilizing LZ Books will have an easier time come tax season, and those who have an LZ Tax plan can seamlessly transfer their data to an LZ Tax expert to save even more time and maximize their tax outcome. With the launch of LZ Books, LegalZoom is the only full-ecosystem solution for the diverse needs of the 33.2 million small businesses across the U.S. – from forming their business, guiding them through the maze of licensing and compliance, to protecting their intellectual property, and getting them ready for tax time – all with access to a network of highly-vetted small business CPAs and attorneys. In the 12 months ending March 31, 2023, over 10% of the more than five million new small businesses in the U.S. were established through LegalZoom. Roughly two thirds of LegalZoom’s recent formation customers are solopreneurs (single member LLCs or sole proprietors) who would benefit from LZ Books. Plus, there are millions of self-employed individuals who have not yet formed and may never form businesses, but require simple accounting help. LZ Books addresses their specific need for accessible, affordable bookkeeping, saving them from deciphering complicated accounting jargon or worrying about a chart of accounts, and allowing them to focus on growing their business. With a commitment to accessibility, customers who sign up receive a 30-day free trial, followed by an opt-in plan of only $9.99 per month – the lowest priced offering on the market. For a limited time, LZ Books also comes with unlimited access to a CPA. “LZ Books is a significant s...