Accounting and Tax for CPAs and enrolled agents
- Do you know that you can save over 70% of your business cost by outsourcing your accounting and tax services? This means you can inevitably save your money, time and resources by outsourcing your accounting and taxation work.
- In fact, today many large-scale CPA firms and enrolled agents are looking abroad to outsource their specific accounting and tax tasks in the hope to consolidate their business and liberate time to concentrate on more essential work.
- Besides cost saving, another benefit of outsourcing to India is quick turnaround time and hassle-free operations. Since the difference in the time zone between India and USA is a minimum of 10 hours, CPA firms and enrolled agents have a huge advantage of time. The accounting and tax returns work can be done overnight and delivered the next morning owing to this time difference.
Outsourced Accounting and Tax Service by Meru Accounting
- Meru Accounting is an India-based outsourced accounting, bookkeeping and taxation firm. We closely work with CPAs and enrolled agents to take care of their accounting, bookkeeping and taxation functions.
- Backed by an experienced and dedicated team of financial experts, we are able to serve clients coming from different industries and establish a global presence. We have hands-on experience of working with numerous modern cloud accounting tools such as QuickBooks, Net Suite, Quicken, CSA, Peachtree, MYOB, Sage, Creative Solutions’ Ultra-Tax and Intuit’s Pro Series.
- We work with the motto of saving your time and making your business more efficient with our services. We don’t just say it, we do it. We start our work with the aim of generating 4x return on investments for our clients.
Our Outsourced Accounting and Tax Service
Some of our services include:
- Assistance in setting up accounting and reporting policies and framework
- Monthly accounting (in Tally, SAP, Quick Books or Navision) which is in line with local and international standards
- Preparing statutory accounting reports
- Monthly assessment of tax deducted at source (TDS) and payments
- Tax calculations for employees to determine TDS
- Quarterly filing of TDS returns
- Assessment of income tax liability and payments
- Filing of income tax returns
- Preparing management reports on a periodic basis
- Processing payroll, calculating payroll-related taxes, preparing and filing payroll-related reports
- Preparing financial statements for audit and filing with regulatory authorities
- Reviewing financial reporting, prepared either by client employees or third party
- Assistance in setting up tax registrations and compliances
Compelling Reasons to Outsource Accounting and Taxation Services to Meru Accounting
Business Expansion
One of the primary reasons for CPA firms and enrolled agents to outsource their accounting and taxation services to us isthe expansion of their business. You can easily concentrate on onboarding new clients and understanding their specific requirements while dedicating your accounting and taxation work to us.
Cost Saving
The biggest draw for outsourcing services to Meru Accounting is saving costs. Hiring and training in-house employees lead to huge costs. Besides, there are costs associated with administration and operation which can be saved in case of outsourcing. We offer cost-effective accounting, bookkeeping and tax solutions to our clients that start at as low as US $10 per hour.
Expert Team
When you outsource to a company like Meru Accounting, you benefit from the services of experts in the field of accounting, finance and taxation. Your outsourced team comprises of CAs, CPAs, CFAs and other professionals having great expertise and knowledge.
Experience
Meru Accounting has a dedicated team of well-trained and highly experienced accounting professionals. Our team has a proven track record of providingaccounting and taxation services for CPA firms and enrolled agents. We have global experience of serving clients from different countries like USA, UK, Australia, Singapore and New Zealand and across different business verticals.
Quality Service
We maintain high quality standards in whatever we do. Our primary motto is to deliver quality services to our clients and within the allotted time frame. This stands us apart from our competitors.
Ease of Operations
Dealing with an in-house accountant can sometimes become a difficult task as they are not specialised in accounting and taxation work. When you outsource tax preparation work or accounting tasks to a specialised firm, you don’t have to worry about anything. You also gain peace of mind as you are aware that your work is in the hands of experts.
Latest Technology and Infrastructure
We are a dynamic firm and we love to stay updated with every latest technology that comes in the field of accounting and finance. We quickly learn and adapt to the latest technologies.Moreover, we have a highly advanced infrastructure to support these technologies. So, you don’t have to incur heavy costs on upgrading the infrastructures and resources in-house.
Flexibility
When you hire us, you get the flexibility to scale up or scale down our services as per your requirements. Besides, you may transfer all or only some of the accounting and tax department functions to us. You only have to pay for the resources that are required to get the work done. During the lean period, you may save costs by reducing our involvement.
Security and Privacy
We understand the importance of data for any organisation. Therefore, we have high-level security systems in place. With the help of advanced technology and software, we provide complete safety and data privacy to our clients.
Conclusion
Tax preparation and accounts outsourcing is a smart choice to make for enrolled agents and CPA firms. It will not only be profitable to your business but you will also be saved from neglecting the essential functions of your own business.
Get in touch with Meru Accounting for outsourced accounting and tax preparation services and save yourself from the burden of these functions.
