SurePrep works with over 33,000 tax professionals and in our experience, this problem is almost non-existent. Most firms send the 7216 consent form along with the engagement letter and receive signatures without issue. In the rare case that a client raises an objection, that client’s return can simply be processed in our onshore facility. The security of taxpayer information is as important to us as it is to you.
Full-preparation vs. OCR verification outsourcing
It’s an economical option for firms that need a middle ground between full outsourcing and in-house services. Outsourcing income tax preparation is a powerful way to supplement your 1040 practice. If you’re considering income tax outsourcing, you’ll find the information you need here. We’ll discuss what it is, who needs it, offshore vs. onshore options, and full vs. partial outsourcing.
Step 2: Verification of 3C’s
Outsourcing even a portion of your workload can help make peak season more manageable. Our staff uses the same tax software as your firm, so you can review it as if your own staff prepared the return. We’re a US company with operations in India, combining global reach with local insight. Skilled in Drake Tax, Quickbooks Software and US tax law, our international team has the local understanding delivering exceptional tax preparation and bookkeeping services. Based on 30 years experience with Drake Tax, our dashboard is designed to be intuitive and it’s tailored to enhance the accuracy and efficiency of your tax preparation process.
SurePrep’s outsourced preparation service includes drawing account overview usage and features accounting entry our award-winning workpaper system, SPbinder. SPbinder’s sign-offs, cross-references, annotation tools, and leadsheets allow you to review your tax workpapers in a completely paperless environment. Our onshore facility is located in Irvine, California and our offshore facility is located in Mumbai, India.
- All SurePrep outsourcing staff are required to complete a comprehensive 10-week training program.
- Select the type of submission to be prepared, how quickly you need it, and any comments to instruct our team.
- Implement our API within your platform to provide your clients with accounting services.
High levels of precision should you pay off your mortgage early just because you can and a detailed and up-to-date knowledge of continually changing tax regulations, is essential for CPAs wanting to provide… Select the type of submission to be prepared, how quickly you need it, and any comments to instruct our team. Designed with simplicity in mind by accounting professionals… for accounting professionals. Removing the barriers and overcoming the objections that prevent many firms from outsourcing.
What is the difference between offshore and onshore outsourcing?
Both onshore and offshore offices follow strict security protocols, including monitored premises, locked terminals, no-cellphone policies, and employee background checks. An income tax outsourcing provider must use the same tax software as your firm, so most work with multiple software options. Some vendors also offer other services such as outsourced bookkeeping.
All SurePrep data centers and cloud services are SOC 2 Type 2 and SSAE 16/18 certified. COVID-19… The Great Resignation… the reasons for shortages of qualified accounting professionals is complicated. Prevent the talent gap tying up your staff in routine tax preparation and bookkeeping. Free your team to deliver more client value by leaving the routine work to us. We are one of those firms that like to invest in bookkeeping vs accounting 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.