Outsource Tax Preparation
A lot of small and medium business establishments, tax firms and CPAs around the world struggle with time restrictions during the busy tax season and deal with reduced utilization during the off-season. SOS, an ideal tax outsourcing company can help you deal with the difficulties faced at the time of an extremely condensed tax season. Our CPA tax preparation services can improve efficiency and profitability by freeing your firm’s resources to concentrate on higher-value client solutions and attain more desirable work-life balance – triggering superior employee & client satisfaction.
What makes SOS special? Our knowledge concerning income tax preparation, our exuberance, our commitment to our clients, and our selection of products is just the beginning of what you can expect from us. Whether you choose SOS's tax preparation services for your personal or perhaps business taxes, you're getting a parter who will support you and actively dig out your needs, biggest refunds or smallest legal tax liabilities at the time of tax return preparation.
You can focus on improving client relationships while we manage your tax processing functions. We have plenty of experience in all types of tax reporting and preparation for CPA and small businesses. You are assured of secured delivery of work done using recognized tax software for different countries when you outsource to us.
OUR 5-Step CPA Tax Preparation Process
We Provide Tax Preparation Outsourcing Services For the Following:
- Individual: Form 1040, Form 1040A and Form 1040EZ
- Partnership: Form No. 1065 and K-1
- Corporation: Form 1120, Form 1120A and Form 1120S (for statutory corporations)
- Individual: Form T1 General
- Business: Form T2, T4, T4A, T5, T5018
- GST/HST Filings
- Individual: SA100
- Business: SA800
- Corporation: CT600
- Value Added Tax: VAT100
- GST calculations and returns
Professional Tax Software Used by SOS:
For Canada: Cantax, Taxnic, Taxprep, Profile, UFile, TurboTax and Quicken
For United Kingdom: CCH Software, IRIS Software Ltd, Sage (UK) Ltd, Thomson Reuters
For Australia: Thomson Reuters, CCH ProSystem Tax, Handisoft, MYOB, Taxcat
How Do We Prepare a Tax Return?
We examine your balance sheets and other relevant data and classify all items appropriately, before we begin processing and preparing your tax return. While preparing and processing your tax returns, we analyze and interpret profit and loss, in addition to treatment and taxability for different accounts in the course of providing outsource tax returns preparation and processing services. Before the tax return is finally prepared, we communicate our observations, comments and viewpoints to you.
Our team for preparation of tax returns is well trained and qualified. We regularly upgrade our skills and knowledge in leading tax software and statutory laws through on-going training. By outsourcing to a tax preparation company, a business entity or CPA firm can reduce costs by up to 50%-60%. You will have more time to focus on your core operations and reduce stress, besides saving on cost
We receive data related to tax returns in one of three modes:
- Remote access based
- Secured server based
- E-mail based
We scrutinize the information and feed it into tax software of your choice.
Following data entry and processing, we audit the information to ensure that it is correctly accounted for and entered.
After that, we transmit the returns back to you through the transmission process you choose, along with our observations and comments.
When the return reaches you, you can finalize, modify and review the information as required and return it to us. We then update your tax file and send the final copy to you for filing.
Want to try our free pilot project? Get in touch with us today or call us at +1 646-688-2821. You'll be amazed to see how much time and money you can save by outsourcing tax preparation to SOS, one of the leading tax preparation companies across the globe.