Staff must periodically complete refresher programs to stay up to date with changing policies and procedures. We set high standards for accuracy and continuously monitor performance. Your important clients trustyour firm when you take care of their tax returns. Don’t get stressed while experts can handle tax preparation to filling jobs. Tax experts will handle the volume of tax preparation jobs seamlessly. On-demand, U.S.-based accountants to help increase your capacity and expedite your turnaround times.

Security and data protection

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 importance of vertical analysis to us as it is to you. All SurePrep data centers and cloud services are SOC 2 Type 2 and SSAE 16/18 certified. To ensure that client information does not leave an outsourcing facility, our preparers process returns in a paperless environment without internet access. Workstations only provide inputs for the keyboard, mouse, and screen.

1. We’ll discuss what it is, who needs it, offshore vs. onshore options, and full vs. partial outsourcing.
2. Set your business up for success with our free small business tax calculator.
3. With the time saved by eliminating preparation, you can concentrate on providing other value-added services to your clients.
4. Maximize the value of your firm’s investments by leveraging Taxfyle’s domestic outsourcing service.

Legal data & document management

Our advanced OCR software extracts data from tax documents like W-2s, 1099s, etc. and our expert staff verify the information. Your firm receives fully organized workpapers and clean data that is ready for export to tax software. This service eliminates up to 80% of the work for just 20% the cost of full preparation outsourcing. Our verified reviews highlight why 1040SCANverify is SurePrep’s most popular and fastest-growing option.1040SCANverify is our most popular and fastest-growing option.

Tax Preparation Outsourcing: What You Need To Know

It’s time how long should i keep my tax records your accounting firm has access to relief from stress and bottlenecks during the busy season. From the ground up, our network of tax accountants is entirely composed of licensed CPAs and EAs. These Pros have the experience and capability to facilitate any scope of work and can use the same software as your firm. When you outsource with us, your firm can breathe a sigh of relief during tax season. There is a common misconception that 7216 consent causes friction with 1040 clients. SurePrep works with over 33,000 tax professionals and in our experience, this problem is almost non-existent.

Outsourcing Benefits

As a result, you’ll need a 7216 consent form signature from your clients before outsourcing their returns offshore. Maximize the value of your firm’s investments by leveraging Taxfyle’s domestic outsourcing service. Our skilled professionals are ready to provide your firm with an additional set of hands whenever you need them, ensuring your business runs smoothly and efficiently. Get seasonal tax preparation help to yield high returns and tax benefits now and later. Everything from fees charged to non-billable hours all count when time is limited.

SurePrep’s outsourced tax preparation services can help your firm prepare more returns without adding staff. Our outsourced tax preparation services can help your firm prepare more returns without adding staff. Whether your firm wants to grow its practice or simply combat workload compression, our full-time staff of trained professionals provides year-round assistance. Outsourcing is the practice of hiring a third party to handle work that would otherwise be done internally. When outsourcing income tax preparation, your firm flexes the preparation work to an external tax professional, who sends back a fully prepared 1040 return. A good outsourcing service offers form 8829 instructions a smooth, standardized workflow that makes their preparers feel like an extension of your own staff.

Rarely, the 7216 form may prompt a client to request additional clarification about your data security practices. A reputable income tax outsourcing service will have clear and transparent documentation about their security protocols. Some firms keep an onshore option on deck for an additional fee in the unlikely event that a client remains resistant. SurePrep offers both onshore and offshore outsourced tax preparations services.