Enjoy Effortless Tax Preparation with the Leading Outsourced Tax Solutions in the US and India!
Are you overworked during tax season or are experiencing one or more situations regarding the tax preparation of your clients?
- Exhausted workforce during rush season
- Missed deadlines
- Failing to manage the dynamic tax policies and new business models
- Flaws in tax returns
Relax and let our expert team alleviate your burden!
Our outsourced tax preparation services are the perfect aid for combating tedious tax seasons, custom-tailored to rejuvenate your accounting firm’s efficiency and success.
Why Outsource Tax Preparation is the Right Choice for You?
According to a survey conducted by Deloitte, 35% of the respondents said that one of the advantages of employing outsourced tax operations is better compliance with digital tax filing/ reporting requirements across multiple jurisdictions.
All in all, the satisfaction from outsourcing tax preparation is evident across all levels!
And why not?
With myriad advantages and key elements, outsourcing tax return preparation indeed serves as a boon for small, mid-sized and large-scale CPA firms alike!
Some Key Advantages
- Boosts Efficiency
- Enhances Compliance
- Improves Scalability
- Promotes Data Security
- Maintains Confidentiality
Why is Infinity Globus Your Perfect Partner for Outsource Tax Preparation Services?
We offer a cost-effective approach combined with exceptional outsourced tax return preparation services that are one of a kind in the industry. We, therefore, not only give you value-added services but even save your clients from unwanted expenditures.
By leveraging modern technology, we provide the best tax preparation outsourcing services that optimize your experience and bring optimal results.
We are committed to offering you a guaranteed standardized process of tax planning that not only boosts overall efficiency but converts outsourced tax return preparation into a seamless experience.
We have a dedicated team of CPAs, EAs, Tax specialists and industry veterans who understand the know-how of the complex outsourcing tax return preparation demands of the industry.
Infinity Globus keeps your client’s data confidentiality at the core of the services offered. As such, we secure every piece of information shared with the aid of our trusted software along with a team of reliable and responsible professionals.
From our impeccable tax return services to our unfailing commitment to offering you the best services based on attention to detail, Infinity Globus is the answer to all your outsourced tax return requirements.
We are always on our toes to assist and guide you with your client’s tax planning, and its solutions, thus ensuring maximum credits and deductions to them. Infinity Globus believes in providing you with tailored outsourced tax solutions at every step of your way.
No matter how complex your client’s tax returns are, Infinity Globus can prepare and save money wherever possible, making your experience with your client a seamless one.
- Our team of tax preparers has over 20 years of industry experience.
- Our tax preparers are Certified Public Accountants (CPA), Enrolled Agents (EA) and industry veterans.
- We are a member of the American Institute of CPAs (AICPA).
- ISO 27001-2013 certified for the most standard Quality Measures for Information Security.
- A proud ISO 9001-2008 certified firm.
- GDPR READY & proactive with the latest security software safeguarding client data.
Our Outsource Tax Preparation Services
Say Goodbye to the dreaded tax season and wave Hello to our services that bring a plethora of amazing options for you!
- Tax Validation
- Liability Calculation
- Returns Preparation
- Form and Certificate Management
- Non-profit Entities
- Estate and Trusts
- Support for Tax Penalty Abetment
- Settlement of Tax Debts
- IRS OIC (Offer In Compromise) Advisory
- Sales Tax Registrations
- Seven Step Tax Process
- Monthly/Quarterly Tax Planning
- Sales Tax Return Filings
- Registration Based on Particular Standpoints
- Expert State Representation for Penalty Reliefs
Thank you for taking on tax & bookkeeping service for my company. I know it was a new venture but is so crucial to Tax-Bookkeeping company like mine that it is a surprise at how...
Learning about new clients and the way they have their accounting can be tricky but Team Infinity Globus has been a quick learner and has taken over tasks entirely which has reduced our training time...
Jonathan Convery, CPA, MBA
I love working with you!!!! Your team has been very professional, courteous, and prompt in helping me handle the workload of my firm. Resolving many special and complex tasks that are beneficial to my firm.
In an outsourced tax preparation service, a CPA firm hires an external service provider to handle their clients’ tax returns. This can include services such as tax planning, research, and preparation of returns. The goal of outsourcing tax preparation is often to save time and resources and to ensure that the tax returns are prepared accurately and are in compliance with all relevant tax laws and regulations.
Provide your clients’ necessary financial and personal information to the outsourcing service provider. This can include W-2s, 1099s, and other financial statements. The outsourcing service provider will then use this information to prepare your clients’ tax returns and share the same with you.
The outsourcing service provider will also ensure that the tax returns are prepared in compliance with all relevant laws and regulations and may also provide additional services such as tax planning and consulting to help the client minimize their tax liability. The client will then review and approve the tax return before submission.
There are several benefits to using outsourced tax preparation services. These are as follows:-
Expertise: Outsourced tax preparation service providers have the knowledge and experience to ensure that your client’s tax returns are accurate and in compliance with all relevant laws and regulations.
Time-saving: Outsourcing the preparation of your client’s tax returns can save you a significant amount of time and allow you to focus on other important tasks, such as client acquisition and relationship management.
Cost-effective: Outsourcing tax preparation can be more cost-effective than hiring a full-time in-house accountant or tax professional.
Reduced Risk: An outsourced tax preparation service can help minimize the risk of errors or non-compliance, which can result in fines and penalties.
Tax Planning: A good outsourced tax preparation service provider can also offer tax planning services to help you minimize your clients’ tax liability in future years.
Representation: In case of an audit, an outsourced tax preparation service can also represent you and provide all the necessary support.
When choosing an outsourced tax preparation service provider for your business, there are several factors to consider:
Expertise: Look for a service provider that has experience in your industry and understands the specific tax laws and regulations that apply to your client’s business.
Reputation: Research the service provider’s reputation and check for complaints or negative reviews. You can also ask for references from their existing clients.
Services: Make sure the service provider offers the services you need, such as tax planning, accounting, and representation in case of an audit.
Communication: Choose a service provider that you feel comfortable communicating with, the one who is responsive to your needs.
Cost: Compare the costs of different service providers and make sure that the service provider’s fees are in line with industry standards & their expertise.
Data Security: Make sure that the service provider has a robust data security system in place to protect your clients’ sensitive business information
Certifications: Look for service providers who are certified by professional organizations.
Support: Find out about the level of support the service provider offers, so you know what to expect if you have any questions or issues with your clients’ tax returns.
The cost of an outsourced tax preparation service can vary widely depending on the complexity of the tax return, the services provided, and also on the location of the service provider. It can range anywhere from a few hundred to thousand dollars. It’s important to get quotes from multiple service providers and compare the costs, services, and the level of expertise they offer before making a final decision.
Yes, most outsourced tax preparation service providers can handle multiple state tax returns. Many of these services have the expertise and knowledge to prepare state tax returns in addition to federal tax returns. This can include compliance with different state tax laws and regulations. It is important to confirm with the service provider if they can handle multiple state tax returns specifically, as some outsourced service providers may only specialize in federal or state returns.
Outsourced tax preparation service providers typically use a combination of physical and digital security measures to ensure the confidentiality and security of client information. Some of the ways they might do this are:
Data Encryption: They use industry-standard encryption methods to protect sensitive data both in storage and in transit.
Secure Data Transfer: They use secure file transfer protocols (SFTP) or virtual private networks (VPNs) to transfer data between you and them.
Firewall: They use firewalls to protect the company’s internal network from unauthorized access.
Access Control: They have strict access controls in place to limit access to clients’ data to authorized personnel only.
Backup and recovery: They maintain regular backups and have a data recovery plan in case of data loss due to hardware failure or other issues.
Compliance: They comply with relevant security and privacy regulations such as HIPAA, SOC 2, and PCI-DSS.
Background Check: They conduct background checks on their employees or contractors who handle clients’ data.
Regular Auditing: They conduct regular internal and external audits to ensure that the security and confidentiality of clients’ data are maintained.
It’s also important to have a conversation with the outsourced tax preparation service providers about their security and confidentiality policies and procedures to ensure that they meet your expectations.
Yes, many outsourced tax preparation service providers can represent your clients in case of an audit. They will have the necessary knowledge and expertise to help you navigate the audit process and provide you with the support you need. This can include reviewing the audit notice, preparing and organizing your clients’ records, and representing your clients at the audit. Some service providers may offer representation as a part of their service package, while others may offer it as an additional service that you can opt for. It’s a good idea to confirm with the service providers if they offer representation services in case of an audit and also to find out about their experience and success rate in handling audits.
There are several ways that you can provide your tax documents to an outsourced tax preparation service provider. These include:
Electronic upload: Many service providers have a secure portal or website where you can upload your clients’ tax documents electronically.
Email: You can also send your clients’ tax documents via email to the service provider if the email is encrypted and secure.
Mail or courier: You can also mail or courier your clients’ tax documents to the service provider’s office, but this can take longer and might not be as secure as the other methods.
In-person meeting: Some service providers may schedule an in-person meeting to collect the documents and go over the details of your client’s tax returns.
Mobile App or software: Some service providers may have a mobile app or software that allows you to scan and upload your clients’ tax documents.
It’s important to confirm with the service provider which method they prefer to receive the documents. Also, make sure to keep a copy of all the documents submitted to the service provider for your records.