Implement our API within your platform to provide your clients with accounting services. Don’t get stressed while experts can handle tax preparation to filling jobs. Tax experts will handle the volume of tax preparation jobs seamlessly. Providers prepare Form 1065, managing the tax reporting requirements for partnerships and ensuring proper allocation of income, deductions, and credits among partners. Regularly evaluate the provider’s performance to ensure they are meeting your expectations and delivering quality work.
- We set high standards for accuracy and continuously monitor performance.
- It’s an economical option for firms that need a middle ground between full outsourcing and in-house services.
- SPbinder’s sign-offs, cross-references, annotation tools, and leadsheets allow you to review your tax workpapers in a completely paperless environment.
- This might include regular meetings, email updates, or a shared platform for document exchange.
APIs by industry
Our skilled professionals are ready to provide your firm with an additional set of hands whenever you need them, ensuring your business runs smoothly and efficiently. We provide multiple solutions to maximize your ability to find relief during tax season. Whether you need a straightforward approach or want to work with the Pros more closely, your sales representative can help you find the right fit. Your important clients trustyour firm when you take care of their tax returns. One significant difference between offshore and onshore outsourcing is consent. Section 7216 mandates that taxpayers give consent before their 1040 tax information is disclosed to a third party outside of the United States.
How does outsourcing tax preparation to India increase ROI, hear it from some of them:
To ensure that client information does not leave an outsourcing facility, our preparers process returns in a paperless environment without internet access. Work areas are closely surveilled and no mobile devices are permitted. Confirm their measures for data protection, such as encryption and secure storage. Implement complementary security practices on your end to safeguard sensitive information and ensure that both parties are aligned on maintaining confidentiality. Compare the proposals you receive based on criteria such as cost, range of services, provider experience, and client testimonials. Assess each provider’s strengths and weaknesses to make an informed decision.
Data & document management
Our verified reviews highlight why 1040SCANverify is SurePrep’s most popular and fastest-growing option.1040SCANverify is our most popular and fastest-growing option. It’s a common misconception that all tax outsourcing services are performed outside the United States and that firms only outsource for the offshore cost benefits. The reality is that some 1040 outsourcing services are performed onshore, others are offshore, and some net positive vendors offer both options. Finding qualified staff can be difficult—and training new hires while tax season ramps up is even more inconvenient.
When outsourcing income tax preparation, your firm flexes the preparation work to an external tax professional, who sends back a fully prepared 1040 return. A good outsourcing service offers a smooth, standardized workflow that makes their preparers feel like an extension of your own staff. Additionally, outsourcing providers manage payroll tax returns (Forms 940 and 941) to ensure compliance with federal and state payroll obligations. They also prepare sales tax returns, ensure accurate reporting across jurisdictions, and assist with property tax filings for residential and commercial properties. Conduct a cost-benefit analysis to weigh outsourcing expenses against potential savings and efficiency gains. Additionally, scrutinize the provider’s qualifications and industry-specific experience for accurate tax management.
Our staff uses the same tax software as your firm, so you can jump right into review as if your own staff prepared the return. We are one of those firms that like to invest in tax planning along with preparation, but a shortage of time and sufficient resources often hit us hard. They have extensive experience, and they are always updated with the latest compliances to help us maximize return benefits. We are always ready before the time to file the return and we always have accurate data within our reach. They prepare and file sales tax returns, ensuring accurate reporting of sales tax collected and remitted in various jurisdictions. When you outsource tax preparation, you free up your team to focus on core business activities.
What is the difference between offshore and onshore outsourcing?
Lastly, prioritize data security by ensuring the provider has robust measures in place to protect your financial information from unauthorized access and breaches. SurePrep offers both onshore and offshore outsourced tax preparations services. Our preparers in California and India are SurePrep employees who undergo the same rigorous training.