Tax Co-Sourcing Services

 

Taxation is a highly specialized area requires skills related to planning, documentation, representation and statutory and legal compliances. Our Chartered Accountants can make available these services to their clients. Cost of qualified personnel in India is amongst the lowest in the world. As cost is one of the major reasons for outsourcing work, one can save around 50-75% of the costs by outsourcing the work to India.

 

Aranis Offers

 

• Payroll and payroll tax assistance

• Individual Tax Returns

• Corporate Tax Returns

• Partnership Tax Returns

• Fiduciary Tax Returns

 

Advantages of outsourcing tax processing are:

 

• 50% cost savings. Pay per usage on a per tax return basis.

• The need to staff is reduced during the busy season.

• Processes and workflow are improved through the use of available technology.

• Paperless environment all documents are captured and stored digitally.

• Faster turnaround on tax preparation: 24 - 72 hours.

• Anytime/anywhere access 24x7.

• Highly competent, experienced and English Speaking Tax Professionals trained in ProSystem, ProSeries and US Tax Laws.

 

Work Flow Process for Tax Co-Sourcing Services

 

STEP1

 

Individual tax organizers and source documents are sorted, scanned and sent electronically by the CPA firm with the previous year's return (using a data file from

ProSystem fx, UltraTax, ProSeries or Lacerte) to Aranis

 

STEP2

 

Aranis chartered overseas accountants access the files, prepare review notes and send them to the CPA firm for clarification.

 

STEP3

 

Once questions have been answered and open items cleared, Aranis team completes the return, review it and submits it to US CPA's final review and processing

 

Taxation Software Used

 

a. Proseries

b. Turbo Tax

c. ATX

d. Lacerte