Tax Preparation Outsourcing Services by OBS
Instead, we provide upfront pricing to ensure transparency from the start. Taxfyle is powered by Tax Professionals across the U.S. capable of preparing the simplest to the most complex returns — all at unbeatable prices.
- Many accounting firms believe they might get into trouble if they outsource their tax preparation.
- Regardless, leaders can nurture trust and loyalty when they demonstrate empathy and understanding.
- In-practice accountants also have to spend time in administrative work for setting up new clients, including client training and setting up account-indexing documents.
- We bring you significant cost-saving along with top-notch tax preparation services.
- Accounting firms should outline their outsourcing objectives step-by-step to zero in on a suitable staff model.
Iryna received her Master’s in Accounting degree from Baruch College, graduating top of her class. She received her Bachelor’s degree in Accounting and Public Speaking from Baruch College as well, graduating Summa Cum Laude. Iryna was ranked 31 out of 940 students in her undergraduate class and was admitted to Golden Key International Honour Society for her outstanding academic achievements. Even though 3rd party companies will give the complete guarantee in relation to the safety of your data, it is easier said than done. Data security will also be a concern in case you choose to work with a CPA near you.
Our Accounting Outsourcing Services Include
Our skilled team excels at navigating through a diverse range of accounting software, guaranteeing smooth integration and effective financial data management. Provide your clients’ necessary financial and personal information to the outsourcing service provider. The outsourcing service provider will then use this information to prepare your clients’ tax returns and share the same with you.
- Iryna was ranked 31 out of 940 students in her undergraduate class and was admitted to Golden Key International Honour Society for her outstanding academic achievements.
- We offer a variety of engagement models for clients to choose from, to suit their custom requirements.
- Offering a wealth of insights, it delves into the various outsourcing services available in today’s global market.
- We make sure the Pros attached to your account are capable of handling your specific needs.
With technology advancements and even government mandates, most outsourcing companies, these days, are following strict regulations to ensure data protection and confidentiality. However, it cannot be denied that many in-practice accountants have found their success in outsourcing. An experienced financial services company will have the expertise to deal with all types of tax reporting for small businesses. You can be confident of secured work delivery, and use of updated tax software’s, when you outsource to an experienced company. We’re the go-to Tax Preparers that knows all the nitty-gritty of US tax rules and stays up-to-date with IRS changes.
Tax Preparation Services for Multiple Industries
The service turns around prompt, accurate they have the desire to go the extra mile. Your team has been very professional, courteous, and prompt what is net income and how does it affect your bottom line in helping me handle the workload of my firm. “Cristopher Carmona, CPA, speaks about his bookkeeping outsourcing experience with QXAS.
Outsource Tax Preparation – Take Advantage Of Our Exceptional Service
The tax preparer also shares the review notes, annotated source documents, tie-outs, and work papers with the onshore team. The first step is for OBS staff to login remotely into the tax software that our client is using through a secure encrypted link. It can also result in penalties and can cost you more than your expected limits. We back you with our professional tax service that takes care of minute details and informed in tax preparation.
Trial readiness, process & case guidance
However, if the same work was to be outsourced to a bookkeeping service provider based in India, it would cost around $20 per billable hour. As opposed to what most people think, outsourcing is, in fact, a very simple process that doesn’t include a lot of hassles or complications. Accountants place tax documents (in the form of pdf files) in a shared network folder. These scanned documents are then uploaded by an outsourced bookkeeping service provider through a data center.
Outsource is available for firms using these Thomson Reuters solutions
The main advantage is that you will have access to a higher level of expertise. By outsourcing tax preparation services, you can work with tax preparers with extensive experience and skillsets, expecting on-time and accurate deliverables. This is one of the most important yet underestimated benefits of outsourcing tax preparation. During the busy tax season, CPAs put in unimaginable hours to guarantee that their client’s tax returns are filed before the deadline.
Provide Personalized Support
All SurePrep data centers and cloud services are SOC 2 Type 2 and SSAE 16/18 certified. Outsourcing is a handy tool for businesses looking to cut costs while improving their efficiency. Tax preparation services can give your accounting firm an upper hand during the busiest and most exhausting period of the year. The tax season remains one of the busiest stretches of the year, and accountants are hunkering down to meet tight deadlines and ensure client confidentiality.