Toro Taxes, the leading Latino tax franchise, has announced a strategic partnership with Trez, a payroll and benefits platform tailored for Latinos. The partnership aims to maximize synergies and impact the US workforce. Trez will serve as the primary platform for onboarding Toro Taxes' clients onto the payroll platform. The alliance positions both companies as key catalysts for the growth and development of Latino entrepreneurs. The partnership was unveiled at the Franchisor's annual convention in Las Vegas in December 2023. Trez's expertise in developing payroll solutions for small Latino businesses complements Toro Taxes' leadership in tax services, providing a comprehensive and specialized offering for the Latino business community. The partnership promises to positively transform the Latino business landscape, empowering entrepreneurs with tailored solutions to thrive in today's economy.
In a recent development, Trez.co, the first U.S. Latino payroll platform company, has added Mark L. Madrid to its Board of Advisors. Madrid, a former SBA Associate Administrator, joins other esteemed leaders on the board, including Felipe Bayon, Rita Mitjans, Guillermo Diaz Jr., Lili Gil Valletta, and Maria Eugenia Rey Renjifo. Madrid's appointment reflects Trez's commitment to excellence and its pursuit of becoming a billion-dollar US Latino tech startup. Trez aims to provide specialized solutions for payroll, benefits, and financial services to empower the Latino business community. Latino-owned businesses contribute significantly to the U.S. economy, and Trez aims to address the unique challenges faced by these entrepreneurs. [5702c61b] [7c9e31ed]