Outsourcing Solutions for U.S-Based CPA Firms

We assist our clients by providing tax preparation services for large corporate returns including S-Corp (1120S), 1120S outsourcing services, Trusts (1041), Partnership Firms and Limited Liability Companies (1065), and personal tax returns (1040). We have a team of professionals well-versed in U.S. tax instructions, forms, and regulations to provide best-in-class tax preparation services.

We support our customers with our methodical and detail-oriented approach, specialized staff to process tax returns, and well-structured work papers. We are confident in significantly reducing review time, allowing you to focus on adding more customers and expanding your business.

Our internal organizational processes ensure continuous learning for our staff so that we remain up to date while offering tax return preparation services. Our professionals are aware of recent tax law changes due to the Jobs Act and the Tax Cuts and Jobs Act of 2017. Our streamlined training procedures ensure our experts stay aligned with the latest software, technology, and workflow processes to increase efficiency.

When companies use 1040 preparation outsourcing to India, they no longer need to spend time on ever-changing legislation updates. KMK simplifies complicated tax laws for you. You focus on growing your accounting outsourcing services USA and taking your business to the next level. Accountants and U.S. CPA firms in India who leverage outsourcing can easily drive technology-driven and digital transformation initiatives.

BPO outsourcing organizations in India access online financial journals and purchase multiple CCH publications. With 1040 outsourcing to India, you can easily avail tax processing services. With our 1040 preparation outsourcing, we aim to help you achieve better money management with optimized tax payment.

Outsourcing Work from USA to India

We deliver CPA outsourcing services USA designed to enhance tax compliance processes and ensure CPAs consistently meet their filing deadlines.

We carefully evaluate clients’ balance sheets and classify each component, including profit and loss items. Through accounting outsourcing services USA, CPAs can efficiently interpret the treatment and taxability of various accounts. Observations made during our review are shared with the client and considered before finalizing the tax return.

Our services include:

• Preparation and filing of tax returns
• Services related to withholding taxes
• Filing of e-income tax and e-TDS returns
• Support services for obtaining PAN
• Assistance with Tax Deduction Account Numbers

The best part of accounting outsourcing to India is that the business owner retains control over security, sensitive data, processes, and more. Any U.S. CPA firm focused on long-term growth should take advantage of BPO outsourcing in India or our
CPA outsourcing services USA.

Payroll processing is a critical component of bookkeeping and requires meticulous effort. Timely and accurate payroll processing is essential to stay compliant with tax and other statutory requirements, while maintaining employee morale. At KMK, we coordinate with clients to process payroll using software such as PayChex, ADP Workforce, and Paycom.

We assist clients with:

• Setting up master payroll details including employee data, dependents, tax status, insurance deductions, FSA, wage rate, workers’ compensation coding, and more
• Maintaining master and employee details, updating changes as received
• Collecting all processing inputs such as timesheets, leave records, sick days, etc.
• Running payroll cycles and providing reports for client review
• Obtaining client approval after payroll is processed
• Ensuring timely filing of returns such as Forms 940, 941, state unemployment, and state withholding returns
• Ensuring timely filing of Forms W-3 and W-2

Sales & Use tax compliance is one of the key responsibilities for CPA firms. Timely and accurate filing of returns is essential to ensure compliance and avoid penalties.

We can assist you with:

• Preparing standard work papers defining gross sales, taxable sales, and sales tax liability for each relevant state
• Preparing sales tax returns online or via PDF forms
• Tracking resale certificates and ensuring compliance
• Maintaining supporting schedules that reconcile with the general ledger to keep clients “audit-proof”
• Monitoring sales tax updates to inform clients so they can collect accurate sales tax from customers

We work with our clients to perform agreed upon procedures based on client requirements.  CPA firms need to provide such support to their clients to ensure external third party checks and balance in their internal control system.

Some of the examples include:

• Accounts payable support
• Accounts receivable support
• Conducting review & preparing work-papers for audit & assurance services
• Management Information System Reporting including  – Analysis of financial statements, Cost analysis reports,  Budget vs. Actual financial reporting