Rian D.

Data Science Instructor

Small-Business (50 or fewer emp.)

2/23/2024

"Great Accounting Firm for Small Business"

5/5

What do you like best about Collective?

The dashboard is nice, but the customer service is probably the best feature. Review collected by and hosted on G2.com.

What do you dislike about Collective?

Nothing really! I know of cheaper accountants, but I'm not switching. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

Collective has been fantastic with helping me setup my S Corp, and with keeping things running smoothly from a tax and accounting perspective. I knew absolutely nothing about S-Corps before working with Collective, except that I was probably giving away quite a bit of money by not having one for my business. Initially, Collective helped me with all of the filing necessary to get setup with the IRS, and made that super smooth. Then, they have been handling all of my book-keeping now. I just submit monthly bank statements and other info and they generate all of my needed business docs like profit and loss and so on. They are also taking care of my personal and business tax filings, which is great! Review collected by and hosted on G2.com.

Marc M.

Small-Business (50 or fewer emp.)

2/23/2024

"Beyond Expectations"

5/5

What do you like best about Collective?

Their responsiveness, knowledge of process, and familiarity with federal and state regulations. Review collected by and hosted on G2.com.

What do you dislike about Collective?

I'm completely satisfied, but like any small business owner, I'd love to see the monthly fee come down. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

Collective has helped me turn my sole-proprietorship business into an LLC S-Corp - a process I would still be tangled up in without their help. Thai whole process has been easier than I imagined and well worth the fees I've paid for the services. Since establishing my LLC they have answered every single question within 8hrs max, have clarified every misunderstanding I've had along the way, and very quickly resolved any developments that would have otherwise confounded me.

I am thankful for the team's speed, agility, and abilities to communicate. I now have a whole team in my corner to back me up in running my business, allowing me to focus on day to day operations and growth! Review collected by and hosted on G2.com.

Cameron G.

Small-Business (50 or fewer emp.)

2/14/2024

"Collective is Amazing!"

5/5

What do you like best about Collective?

Highlights:

Prompt communication with the team.

Reminder emails on action items that require attention.

Collective.com platform is easy to navigate.

Streamlined tax preparation and filing (quarterly estimate calculations, year-end filing for S Corp and personal)

Significant tax savings with the S Corp election.

Automatic payroll and calculated retirement contributions.

Ability to download business financial statements that are updated on time each month.

Collective's partnerships with other businesses that offer opportunities to learn and grow your business.

Most importantly, the Collective team and member community genuinely care about you as a person. Review collected by and hosted on G2.com.

What do you dislike about Collective?

Nothing. I would recommend Collective to any solo entrepreneur looking to manage the back end of their business with zero headaches. Review collected by and hosted on G2.com.

Recommendations to others considering Collective:

If you need help with your LLC, taking the S Corp election, setting up payroll, filing your business or personal taxes, paying quarterly estimated taxes, have questions on what you need to do to stay compliant, what to track, etc., Collective does it all. The peace of mind it brings allows me to focus on my clients and build my business. Look no further. This is it. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

Collective is the real deal. I feel like I am always in good hands (I have been with Collective for over two years now). Managing bookkeeping and taxes as a solo entrepreneur is a daunting task, but the team at Collective supports me and is quick to respond when I have a question. They consistently stay ahead of tax, LLC, and regulatory changes to ensure my business is compliant. This is the first time I have had a service like this, and I am so glad I chose Collective. I couldn't have imagined a better experience.

FOR THE (Human?) MODERATORS: No part of this review was AI-generated. Unsure what tool you use to verify this, but I am confirming that everything was written by me. Review collected by and hosted on G2.com.

Ross R.

Small-Business (50 or fewer emp.)

2/23/2024

"The first step for new solopreneurs"

5/5

What do you like best about Collective?

The team is easy to access and covers a number of important and potentially stressful business needs without me needing to worry. I always know I'll receive a reminder or support when I need to complete something, and Collective takes care of the rest. Review collected by and hosted on G2.com.

What do you dislike about Collective?

Collective is not necessarily for every type of business - for example, if you don't want to be taxed as an S-Corp - but if your business is the right fit, there are no negatives. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

When I started my business, I knew I needed an accounting and bookkeeping solution I could trust. Without one, I wouldn't likely keep the business for very long. I was so pleased to learn about Collective and I've been thrilled with their support ever since. Collective gives me peace of mind with monthly accounting, quarterly and annual tax filing, payroll, and a number of other needs. Review collected by and hosted on G2.com.

Verified User in Information Technology and Services

Small-Business (50 or fewer emp.)

4/18/2024

"From Hyke to Collective - Stronger than ever."

5/5

What do you like best about Collective?

I love knowing exactly what to pay and when, having a support team for any tax issues that come my way, and knowing that I am saving as much as possible with their experienced tax team at my fingertips. Review collected by and hosted on G2.com.

What do you dislike about Collective?

Sometimes, things don't move as quickly as I want them to. However, it is to be expected since I am 1 of many paying customers. Review collected by and hosted on G2.com.

Recommendations to others considering Collective:

Just do it. If you are a hot mess like me when it comes to paying your taxes on time and maximizing your deductions, you will thank yourself. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

I was the absolute worst when it came to calculating and paying my quarterly taxes. For years, I just waited until the end of the year to get hit with a massive bill. After getting tired of that, I tried randomly guessing my quarterly numbers and just sent those guess amounts in. Plus I already knew I wasn't getting all of my writeoffs and deductions that were possible. I was literally burning money until I discovered Hyke, which is now Collective. Review collected by and hosted on G2.com.

Chase M.

Line Producer

2/23/2024

"Amazing Bookkeeping Company for Entrepreneurs"

5/5

What do you like best about Collective?

That I work with the same people and they are responsive to all questions regarding my business that I ask. Review collected by and hosted on G2.com.

What do you dislike about Collective?

If there was a way to fully automate my statements for reconciliation. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

Time is a huge issue for me as an entrepreneur and Collective has saved me countless hours. They managed my books for about 3 years. They have been responsive and detailed in helping reconcile my books and other bookkeeping duties that I do not have time to do. They also do my taxes that I am very happy about. Also, they are knowledgeable and responsive with any questions I have regarding my business and taxes. They give me updates on what is required by state and federal agencies. Overall, they give me peace of mind knowing I have them as a resource when I need them. Review collected by and hosted on G2.com.

Olivia N.

Small-Business (50 or fewer emp.)

1/17/2024

"Amazing Business Support- A Must Have for an Entrepreneur!"

5/5

What do you like best about Collective?

The dedicated staff assigned to me, it makes the monthly paperwork easier and quicker. Review collected by and hosted on G2.com.

What do you dislike about Collective?

A quicker way or a dedicated staff to refer people to collective too, as Collective is growing and people ask about my business and how I utilize services, I talk about Collective and their great services to my business. I want to be able to hand off the potential client to someone at collective that I know well, much like I know my personally assigned team at collective. Review collected by and hosted on G2.com.

Recommendations to others considering Collective:

Don't wait on doing yourself a favor, focus on your business and let Collective help you run your business. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

Collective does all of my bookkeeping and taxes, and honestly, I would be so lost without them. Collective allows me to handle what I do best... which is be an amazing Public Relations agent for my clients, and collective does what they do best... my bookkeeping! Review collected by and hosted on G2.com.

Michael D.

Small-Business (50 or fewer emp.)

2/24/2024

"Full Service Bookkeeping, Accounting, Taxes, and Compliance"

5/5

What do you like best about Collective?

I like how they do your monthly bookkeeping and help you reconcile they grey line between personal and business expenses. Review collected by and hosted on G2.com.

What do you dislike about Collective?

They don't support crypto businesses. You have to file that income on your personal returns. Review collected by and hosted on G2.com.

Recommendations to others considering Collective:

It's well worth the monthly fee with the time you'll save, reduced taxes, and peace of mind from having an entire firm dedicated to your financial health. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

I like Collective because they help you stay organized, compliant, and financially accountable. With them you get Quickbooks and Gusto accounts which they help you manage. They do your monthly bookkeeping, annual business and personal taxes, help you stay compliant with state & federal requirements, streamline signing up for healthcare and benefits, all while helping you optimize payroll to maximize your tax savings. Review collected by and hosted on G2.com.

William R.

Small-Business (50 or fewer emp.)

4/19/2024

"Perfect for my IT consulting startup"

5/5

What do you like best about Collective?

Integrating collective systems with my payroll system and bank accounts simplifies the process of tracking my expenses. Review collected by and hosted on G2.com.

What do you dislike about Collective?

I'm not particularly fond of the helpdesk email; I'd rather have a single point of contact for my queries, but that's just my personal preference. Review collected by and hosted on G2.com.

Recommendations to others considering Collective:

Collective is an excellent partner to have; they free up a significant amount of time and resources for me, allowing me to concentrate on the heart of my business and deliver value to my clients. Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

Collective excels in managing my financial details, creating my monthly P&L reports, and getting my business ready for tax time. Review collected by and hosted on G2.com.

Alice Y.

Small-Business (50 or fewer emp.)

12/30/2023

"Responsive, friendly, competent"

5/5

What do you like best about Collective?

I deeply appreciate Collective's responsiveness when it comes to communication. All my emails have been answered within 24 hours, and the team truly strives to make sure my questions are taken care of. Review collected by and hosted on G2.com.

What do you dislike about Collective?

The up-front cost can be daunting, especially if you're just starting out. It was definitely worth it for me though: having spent countless hours googling tax and legal questions to varying degrees of success, the peace of mind I get from working with Collective is priceless. Review collected by and hosted on G2.com.

Recommendations to others considering Collective:

Collective hosts webinars on self-employment taxes from time to time. If you're on the fence, hop on to their instagram and sit in on their "Tax Tuesday" stream. You'll get a better sense of how they operate and whether you're a good fit. If you are, feel free to use my code MEOW to receive your first month free :) Review collected by and hosted on G2.com.

What problems is Collective solving and how is that benefiting you?

Collective has been a huge help in navigating the complexities of running an S-corp. As a first-time solo entreprenuer, knowing I have the support and guidance of an expert team of professionals has made the journey much more enjoyable than it would have been otherwise. Review collected by and hosted on G2.com.