Meru Accounting

Experience Hassle-Free

Bookkeeping For Education

With over 9+ years of experience, we are a trusted partner for accounting and bookkeeping services in the US. Whether you’re a startup, a small business, or an established enterprise, our services can meet the unique needs of your industry. Our deep understanding of US regulations and best practices can empower your financial journey and drive you toward long-lasting success!

Hire Remote Team

Business Tax return filing by Certified
CPA / Enrolled Agent (Starts at $350)

QuickBooks And Xero Certified Experts

50% Reduction In Costs

Professional Tax Solution To The Educational Institutions

  • The tax obligation of the education sector is getting more and more complex due to supplemental revenue streams and dynamic regulatory controls. The tax returns are also affected by the change in government funding.
  • Apart from the changes in state and federal tax rules, their applicability to a different form of the educational institute such as pre-schools, nurseries etc. also makes it difficult to follow up the taxation process.
  • Meru Accounting is committed to providing hassle-free tax preparation for the educational institutes. Our dedicated tax professionals assist in grant compliance, financial reporting and tax-exempt status

Work With Us To Save Money, Stay Compliant And Plan You Future

Meru accounting is an online accounting and tax preparation firm having a global presence.

We have-

Experience

Expertise comes with experience. Our team has been providing tax solutions to government institutes, community colleges, universities and district schools etc. Thus we got command over the taxation rule and regulation of the education sector. Our vast experience helps to provide hassle-free returns.

Qualified People

From IRS compliance to payroll management, our solutions are customized to address the unique challenges faced by businesses operating in the USA. Whether you’re managing sales tax or need robust reporting for investors, we have the tools to help you succeed.

Affordable

We offer professional service that doesn’t damage your fund. We only price $ US 15 for each hour of service. The hourly rate system not only cut the cost that would end up investing the non-productive hours of the in-house accountant team.

Virtual Accounting

The administrative and networking costs gets eliminated when a virtual accountant is hired instead of an in-house accountant. We provide anytime remote access to the documents and financial information plus allowing social distancing in the pandemic times.

Accounting Software Expertise

Tax professionals at Meru accounting are experienced in using various cloud-based accounting software such as XERO, MYOB and QuickBooks etc. We are a XERO certified silver partner. We also help to convert to XERO software. TAX SERVICES Exemption status application State and Federal filling preparation Filing and preparation of Form-990, 990-T, 5500 Representation before IRS Employee benefit consulting Fundraising reporting Tax deduction and maximum refund

TAX SERVICES

Tax Advisors Can Also Assist In,

We Also Provide A Complete Range Of Accounting And Bookkeeping Solution

We believe in delivery service before thinking of the price. You can connect to us and get a free trial of 6 hours of bookkeeping.

Whether you are a small or big education institute or district school or any other education centre looking for a tax return solution with financial planning services. Meru accounting is at your service

Bookkeeping for Education Sector US

Bookkeeping and accounting are essential functions in business and organisations that involve systematically recording, organising, and analysing financial transactions. These processes provide valuable financial information for decision-making, financial reporting, and ensuring financial transparency and compliance.

Payroll Processing

Proper Maintenance Of Accounts

Receivable Management

Accounts Payable Management

Employee Benefit Consulting

Fundraising Reporting

Tax Deduction And Maximum Refund

Pay And GST

Professional Tax Solution To The Educational Institutions In The US?

Meru Accounting is committed to providing hassle-free tax preparation for the educational institutes. Our dedicated tax professionals assist in grant compliance, financial reporting and tax-exempt status. The education institutions need a monthly analysis of profits to ensure that the business sustains in the long run. Therefore, we take care of the bookkeeping for your education business from recording student master to reporting of profitability per cost center. We also take care of the bookkeeping business by timely invoicing the students, which ensures that the revenue is perfectly reconcile

1. Tax Planning And Compliance

Meru Accounting experienced in the education sector can provide tax planning services to help educational institutions optimize their tax positions. They assess the institution's unique tax situation, identify available deductions, exemptions, and credits, and create a comprehensive tax strategy. They also assist in preparing and filing tax returns, ensuring compliance with federal, state, and local tax laws.

2. Tax Exemption Application

Non-profit educational institutions, such as schools, colleges, and universities, may qualify for tax-exempt status under section 501(c)(3) of the Internal Revenue Code. Professional tax solutions can guide educational institutions through the application process to obtain tax-exempt status, helping them navigate the complex requirements and documentation needed to establish and maintain their tax-exempt status.

3. Unrelated Business Income Tax (UBIT) Consulting

Educational institutions may engage in activities that generate unrelated business income, subjecting them to the Unrelated Business Income Tax (UBIT). Tax professionals can provide guidance on identifying and properly reporting unrelated business income, applying relevant exemptions and deductions, and ensuring compliance with UBIT regulations.

4. Grant Compliance

Educational institutions often receive grants from government agencies, foundations, or other funding sources. Professional tax solutions can assist in understanding and complying with the specific tax requirements associated with grant funds, including tracking and reporting on expenditures, ensuring appropriate use of grant funds, and managing any tax implications related to grant income.

5. Sales And Use Tax Management

Educational institutions may have sales tax obligations on certain goods or services they provide or purchase. Tax solutions can help determine the applicability of sales and use taxes to specific transactions, assess exemptions and exclusions, establish sales tax compliance processes, and ensure accurate reporting and remittance of sales taxes.

6. Property Tax Assessment And Appeals

Property taxes can be a significant expense for educational institutions, particularly for public schools and universities. Tax solutions can provide expertise in assessing and appealing property tax assessments, ensuring fair valuations and potentially reducing tax liabilities.

7. Tax-Advantaged Giving Strategies

Educational institutions rely on donations and philanthropic support. Tax professionals can help develop tax-efficient giving strategies for donors, such as establishing charitable gift programs, advising on tax benefits of various donation methods, and ensuring compliance with applicable tax regulations.

It is essential for educational institutions to work with experienced tax professionals who understand the unique tax challenges and opportunities in the education sector. These professionals can provide tailored solutions to meet the institution’s tax needs, optimize tax positions, and ensure compliance with tax laws and regulations

How Can Tax Advisors Help?

Meru Accounting is committed to providing hassle-free tax preparation for the educational institutes. Our dedicated tax professionals assist in grant compliance, financial reporting and tax-exempt status. The education institutions need a monthly analysis of profits to ensure that the business sustains in the long run. Therefore, we take care of the bookkeeping for your education business from recording student master to reporting of profitability per cost center. We also take care of the bookkeeping business by timely invoicing the students, which ensures that the revenue is perfectly reconciled.

1. Accounting And Bookkeeping

Meru Accounting can assist businesses with their accounting and bookkeeping processes. They can review and analyze financial records, ensure accurate classification and recording of transactions, and help maintain organized and reliable financial statements. By providing expertise in accounting principles and practices, tax advisors contribute to the overall financial management of the business.

2. Adherence To Regulations

Tax advisors like Meru Accounting help ensure that businesses comply with applicable tax regulations and reporting requirements. They stay up to date with tax laws and regulations, keeping businesses informed about any changes that may impact their tax obligations. By guiding businesses in meeting their compliance obligations, tax advisors help mitigate the risk of penalties and fines.

3. Capitalization Of Fiscal Opportunities

Tax advisors are knowledgeable about various tax incentives, deductions, and credits available to businesses. They can identify opportunities for businesses to optimize their tax positions and take advantage of fiscal benefits. By carefully analyzing the business's financial situation and tax laws, tax advisors can provide guidance on maximizing deductions, claiming applicable credits, and structuring transactions to minimize tax liabilities.

4. Keeping Updated About Emerging Issues And Accounting Standards

Tax advisors stay informed about emerging issues and changes in accounting standards. They help businesses understand the impact of new accounting rules and standards on their financial reporting. By providing guidance on the proper implementation of accounting standards, tax advisors ensure businesses maintain accurate and compliant financial records.

5.Future Planning

Tax advisors play a crucial role in helping businesses plan for their future financial success. They can provide insights and projections based on tax implications, helping businesses make informed decisions. By considering tax consequences in long-term strategic planning, tax advisors assist businesses in minimising tax burdens and maximising profitability.

6.Tax-Advantaged Giving Strategies

Tax advisors play a crucial role in helping businesses plan for their future financial success. They can provide insights and projections based on tax implications, helping businesses make informed decisions. By considering tax consequences in long-term strategic planning, tax advisors assist businesses in minimising tax burdens and maximising profitability.

7.Updating On New Tax Incentive Schemes

Tax advisors are well-versed in the various tax incentive schemes offered by governments. They can inform businesses about new tax incentives, credits, and programs that can benefit their specific industry or operations. By staying informed about these opportunities, tax advisors help businesses take advantage of available incentives and optimise their tax positions.

How Does Meru Accounting Help Specialise In Providing Accounting Solutions?

Meru Accounting specialises in providing accounting, tax preparation, and financial services to educational institutions, including government institutes, community colleges, universities, and district schools. Here’s a summary of the key points you mentioned:

In terms of tax services, you mentioned several areas that Meru Accounting focuses on, including exemption status application, state and federal filing preparation, filing and preparation of Form-990, 990-T, and 5500, representation before the IRS, employee benefits consulting, fundraising reporting, and maximising tax deductions and refunds. Additionally, you offer PAYE and GST services.

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Furthermore, Meru Accounting provides financial services to address the financial issues faced by educational institutions, including schools, non-profit organisations, and public colleges and universities.

We believe in delivery service before thinking of the price. You can connect to us and get a free trial of 6 hours of bookkeeping.Whether you are a small or big education institute or district school, or any other education centre looking for a tax return solution with financial planning services, Meru accounting is at your service.

Conclusion

Meru Accounting specializes in providing comprehensive accounting and tax solutions specifically tailored for educational institutions in the United States. With their experience and qualified professionals, they offer a range of services, including accounting, bookkeeping, tax planning and compliance, tax exemption application, grant compliance, sales and use tax management, and property tax assessment and appeals. They also provide expertise in tax deduction strategies, maximising refunds, and ensuring adherence to evolving tax regulations and accounting standards.

Meru Accounting’s virtual accounting approach, along with its proficiency in cloud-based accounting software, allows for convenient collaboration and cost-effective solutions. Their commitment to delivering quality service is evident in their offer of a free trial of 6 hours of bookkeeping.

For educational institutions seeking specialised financial services and tax solutions to meet their unique needs and ensure compliance with tax laws, Meru Accounting provides expertise, affordability, and a focus on delivering exceptional service.

Hiring Virtual Accountant With Meru Accounting

Meru Accounting provides world-class services that cater to all the needs of cloud accounting and bookkeeping of your business.

We work on the best accounting software like Xero and Quickbooks, as well as add-ons that will make sure all your work is up-to-date.

We also manage VAT, BAS, Sales Tax and Indirect taxes for you so you are always ready at the end of the financial year.

Help you with switching from your traditional software to Xero and Quickbooks.

  • Cost-saving.
  • Access to skilled and experienced professionals.
  • Better management of books of accounts.
  • Decreased chances of errors.
  • Improve business efficiency.
  •  De-burdens in-office employee’s dependency.
  •  Better turnaround time.

We work on virtual technologies like Team Viewer, Virtual Private Network (VPN) to share and access data from your system.
You have to share your accounting software login details.

Through that, we complete all of your work and update it on the cloud, so you can have access to your data from anywhere and at any time.

 

Software is not a barrier for us. Due to our strong and professional accounting knowledge, we can prepare your books in almost any of the accounting software

Our experts are always all ears to listen to your queries regarding bookkeeping and accounting or our services. You can contact us anytime by visiting: Contact Us page.

We provide our bookkeeping services at the rate of US $10 per hour. So, you only need to pay for the amount of time actual work is done.

We take certain preventive measures to secure your data, like: 

  • Cyberoam Firewall to prevent any kind of foreign threat.
  • Dual-step authentication
  • Implement anti-virus
  • Limit user access so that login details are with a few people.

Meru Accounting work on some of the best accounting software’s like:

  • Xero
  • Quickbooks
  • Netsuite
  • Saasu
  • Wave
  • Odoo

Along with that, we also work with many add-ons like Workflow Max, Receipt Bank, Slack, TradeGecko etc., to extend your software’s capacity and improved work experience.

To book for trial, call us on our numbers or Please fill out the form here.

Our Work Information

We have combined team of Professionals. Seniors are generally Certified Chartered Accountants. Junior Bookkeepers are having Qualifications like Bachelors of Commerce, Masters of Commerce, Masters in Business Administration in the subject of Accounts and Finance, Intermediate level Qualification of Chartered Accountancy, etc.

For information visit our work methodology page.

We prepare a checklist of information required for bookkeeping and send you at timely intervals so as to ensure that we can do bookkeeping faster.

We can provide to you once we move ahead in our interview.

We serve clients on MYOB and have expertise working in Essentials, Account Rights Plus, etc.

Yes, We are presently processing Payroll for Number of clients in US , UK and Australia and take care of complete payroll activities.

Goods and Service tax (GST) is levied on sales of all the goods and services in Australia. GST is generally chargeable at 10% of value of sales.

Business Activity Statement is a predefined form to be submitted to the Australian Tax office by all the business persons in order to report on their all the tax obligations during the period covered.

BAS is generally required to be filed quarterly by various businesses.

Individual Business Owners

Yes, Owner of the business can prepare sign and lodge the tax return on his own. Its not mandatory that the Tax return needs to be signed by an EA or CPA.

No , its not mandatory that it should be prepared by only CPA or EA. It can be prepared by anyone who has PTIN.

We have Enrolled Agent who has the Authority to sign the documents for our clients after completing the through professional check.

Meru Accounting has its operational centre in India and hence the prices are quite less as compared to US based CPA’s and Enrolled Agents.

Meru Accounting has a team of Tax experts. Each Tax expert prepares around 300-400 Tax returns every year for various CPA’s in United States and Individual Businesses like yours. Due to this vast Experience and Robust Quality Check processes in place we can ensure you about correct Tax planning for your firm.

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