Taxation Services for US based CPA/Tax firms

HomeTaxation Services for US based CPA/Tax firms

Taxation Services for US based CPA/Tax firms

Our team carries immense experience in dealing with US clients. We are well versed with US regulations, working style and culture of US clients. We at Ascentry recognize the importance of time in busy season. We help CPA/Tax firms file the returns for their clients well within deadlines. We can manage the entire process of communication with clients, gathering relevant information, processing the information, tax preparation and submitting the returns to IRS. Partnering with Ascentry will help CPA/Tax firms in following ways;

Enhance the profitability for the firm

Quick turnaround time to clients

Focus on value added services and winning more clients

Hassle free busy season

Access to experienced resources

The Following Is Our CPA Tax Preparation Outsourcing Process:

We collect the following details Via a secured file-sharing portal.

  • Required information
  • Documents
  • Current year’s Tax organizers of the client
  • Clients Financial Statements

To reconfirm the completeness of the information received, we cross verify the carry forward balances with the previous year’s return (if any).

We analyze and verify the Correctness, Consistency & Completeness of the balance sheet, profit & loss statement, and other relevant data received from the client before entering the data into the tax preparation software. This helps to identify and correct the mismatch before commencing the return preparation.

After Once we confirm the accuracy of the received details, we log in to the client’s system and tax software. Then, we input all items into the tax preparation software, covering deductions, credits, carry forward balances, and more.

We send clients Tax Returns and Computation PDFs for review, including our comments and queries. After client confirmation, we make necessary corrections before filing the return.

We provide the Following CPA Tax Preparation Outsourcing Services

  • Individual: Form 1040, Form 1040NR, Form 1040A and Form 1040EZ
  • Partnership: Form No. 1065
  • Corporation: Form 1120, Form 1120A and Form 1120S (for statutory corporations)
  • NGO: Form 990
  • Fiduciaries: Form 1041

We use the following Professional Tax Software’s:

Intuit’s QuickBooks accounting software, Drake, Creative Solutions’ Ultra-Tax, Turbo Tax, ATX and ProSystem fx ® Suite – CCH and Many more.

“Assentry Consulting & Advisory Services LLP” is now known as “Ascentry Consulting & Advisory Services LLP”.