Everything you need to know about outsourcing income tax preparation

outsourced tax preparation

We have tax preparers with 1-2 years of experience going up to tax preparers who have spent many years preparing taxes. What’s more, we can also add outsourced tax managers to your team who can handle a team. Our tax preparers are trained to work independently, requiring no micromanagement.

outsourced tax preparation

You can track the status of each outsourced return as SurePrep prepares it. With the time saved by eliminating preparation, you can concentrate on providing other value-added services to your clients. Yes, many CPAs choose to outsource to specialized firms like ours to streamline processes, manage heavy workloads, and ensure high-quality tax preparation while focusing on core business operations.

Complete outsourced tax return preparation services

Take into account the qualifications and experience of the tax preparation outsourcing firm you choose. Look for companies that have a staff of certified tax experts who are knowledgeable about the pertinent tax rules and regulations. They should have a history of providing accurate and legal tax services as well as expertise working with CPA companies. To establish a solid and trustworthy alliance, it is also crucial to evaluate their technology infrastructure, data security protocols, and industry reputation. As we approach 2024, CPAs and accounting firms are actively seeking ways to tackle the intensifying demand for tax return preparation. With tax season on the horizon, the shift towards tax return preparation outsourcing is becoming more pronounced.

Now that busy season has passed, I wonder if I should have chosen another option. This is what drove us to take another look at outsourcing to an overseas provider. There was a shortage of people and we struggled to find the talent that matched our values. Per IRS’s recent estimates, about 144.3 million people pay taxes in the U.S.


QXAS delivers tax preparation outsourcing services tailored for CPAs, accounting firms, and tax professionals across various sectors. Their expertise is designed to streamline the tax process, ensuring precision and compliance for all client engagements. Did you know that outsourcing tax preparation services can reduce operational costs by 50%? Accounting firms are increasingly opting for outsourced tax returns preparation services to lower costs and focus on more productive activities.

  • In 2014, new Section 7216 language went into effect that required more explicit disclosure.
  • “A lot of the companies that were supposed to be offering these products for free were directing taxpayers instead to their paid products,” she said.
  • Of which, a whopping $2.04 trillion was raised only from individual income taxes.
  • Our BYOT model is all about flexibility, streamlining back-end operations and ensuring impeccable compliance.
  • We have tax preparers with 1-2 years of experience going up to tax preparers who have spent many years preparing taxes.
  • Provide your clients’ necessary financial and personal information to the outsourcing service provider.

V      The firm doesn’t have to turn away profitable work that comes in during tax season. Companies can hire offshore bookkeepers to handle their bookkeeping needs, which will save them a lot of money compared to hiring internal bookkeepers and give them the chance to scale up or down as needed. As your business evolves, adjust your team size and capabilities to meet changing tax requirements.

Tax planning & preparation

By outsourcing tax preparation, CPA & EA firms can simplify their operations, increase efficiency, and focus on delivering exceptional client services. Looking at the broader picture, the outsourcing industry is being reshaped by a collective push for cost reduction, technological innovation, and a relentless pursuit of expert services. This push is creating a global demand for the most efficient, cost-effective, and high-quality business solutions, a demand that tax return outsourcing services are well-positioned to meet. We have a dedicated team of tax wizards who deliver exquisite tax preparation outsourcing according to your demands. This isn’t true if you choose an outsourcing partner with airtight data security measures that use robust and secure information technology systems. The best outsourcing service providers will be cyber essential, ISO certified, and fully compliant with information security.

Some of the world’s largest CPA firms trust our experience and use our services. An outsourcing service provider should be able to solve your staffing woes by giving you access to highly skilled labor. You need to find out if your outsourcing partner has a dedicated team of experts who are qualified and seasoned professionals with experience in handling tax preparation. The best outsourced tax preparation service providers let you interview and hire preferred candidates. To outsource tax preparation, begin by identifying reputable tax outsourcing services that align with your firm’s needs.

Corporate & business organization

Outsourcing tax prep internationally has been common practice for many years, but many misconceptions remain. Utilize Xpitax and stop worrying about seasonal staff; hire, train, and retain 10 steps to setting up your new business experienced tax staff and managers as W2 employees who support your firms goals and priorities. Outsourcing even a portion of your workload can help make peak season more manageable.