Tax preparation has become a difficult task for small and medium business establishments, tax firms and CPAs all over the world. During the busy tax season, time is the main constraint. Many CPAs, tax firms, and businesses are looking for outsourcing services to ease their pressure by allocating some of their less significant tasks to them. This will enable them to concentrate on more productive activities and enhance the revenue earning potential. Some CPA’s opt for outsourcing services for a better work-life balance.
Cogneesol is among the best companies offering tax preparation for CPA services. The best points of their service are astute knowledge related to income tax preparation, dedication, and commitment to the cause. The services of Cogneesol are ideal for all types of businesses small or medium. By hiring the services of Cogneesol, you will have access to a partner who will help you in everything related to the taxation process. By hiring our services, you can pay complete attention towards more productive activities like building client relationships and marketing. The expert team of Cogneesol has great experience in conducting tasks like tax preparation for CPA and tax reporting. We use the latest software for performing the tasks in an efficient manner.
Advantages of hiring the services of Cogneesol –
- Before commencing the tax preparation process, we carefully study the balance sheets and financial data to get a fair idea of the financial position of the client.
- The profit and loss are interpreted in a prudent manner during the process. After conducting the thorough analysis, all the observations are discussed with the client.
- The team is well equipped in performing its tasks. They remain updated with the latest taxation software and statutory laws of different nations by following the continuous learning process.
- Your tax preparation costs will go down by about 50% by hiring our services and with the opportunity to concentrate on more significant tasks the profits will also go up.
Methodology followed Cogneesol for tax preparation for CPA –
The clients can send the data for the tax return process in three modes like remote access, secured server and e-mail based. After checking, it is feed into the suitable taxation software. After the processing step is complete, a thorough audit is completed by our team. The returns are sent back to the client along with our comments. The clients finalize the returns by reviewing them. The final copy is then delivered to us.
The following tax preparation for CPA outsourcing services are offered by Cogneesol:
Cogneesol offers its services, keeping in mind the unique requirements of clients and diverse procedures followed in nations like US, Canada, United Kingdom and Australia.
United States :
- 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
United Kingdom :
- Individual: SA100
- Business: SA800
- Corporation: CT600
- Value Added Tax: VAT100
- GST calculations and returns
The following Tax preparation software is used by Cogneesol:
Canada: Profile, UFile, Cantax, Taxnic, Taxprep, TurboTax, and Quicken
United Kingdom: Sage (UK) Ltd, CCH Software, IRIS Software Ltd, Thomson Reuters
Australia: Thomson Reuters, CCH ProSystem Tax, Handisoft, MYOB, Taxcat
We also offer the free trial option. You can call us at +1 646-688-2821 for further information.