Unburden your tax preparation with streamlined tax returns preparation services.
Tax preparation poses a formidable challenge, demanding both time and expertise from individuals and businesses alike. At befree, we recognize the intricate and time-consuming nature of tax preparation for Certified Public Accountants (CPAs). Through our technology-driven outsourced tax preparation services tailored specifically for CPAs, we aim to alleviate your tax-related burdens. Our team of tax professionals with extensive experience and expertise in global tax preparation standards ensures the delivery of invaluable outsourced tax services to support your practice’s growth.
Leveraging cutting-edge tax preparation software and technology, we streamline the entire tax preparation process to enhance accuracy, efficiency, and secure data management. We ensure 100% compliance with GDPR and CCPA regulations and this underscores our commitment to safeguarding client data against potential threats associated with maintaining an in-house tax department.
Our outsourced tax support services offer a broad range of tax services, empowering CPA firms to enhance the scope of services provided to their clients. Here’s an exploration of the diverse tax returns that outsourcing entities can support CPA firms with:
Proficient in managing Form 1065 for LLCs and partnerships, outsourced tax specialists oversee income allocation to partners, ensure accurate preparation of Schedule K-1 forms, and maintain the correct carry forward of basis.
Skilled in Form 1120 preparation for C Corporations, our professionals handle books to tax adjustments, prepare schedules M-1, M-2 & L, and offer assistance with 5471’s & 5472’s for foreign reporting.
Capable of addressing the unique filing requirements of S Corporations, we manage Form 1120S preparation, along with related shareholder schedules and assistance in preparing work papers & schedules, simplifying the review process for CPA firms.
In overseeing trust tax returns, we identify the trust type, assess its tax obligations, and file the appropriate tax returns.
For individual tax returns, we handle Form 1040 preparation, accounting for various income sources, deductions, and credits. This includes processing documents such as W-2s, 1099s, and records of estimated tax payments, reducing review time for CPA firms until e-filing diagnostics are resolved.
Competitive pricing can save you up to 40% compared to in-house accounting, optimising resource allocation.
befree's experts keep you compliant with evolving tax laws, minimising risks and penalties.
Our team of accounting experts guarantees accurate financial management, both domestically and internationally.
We offer customised solutions and flexible pricing structures, designed to suit the specific needs of the business.
Outsourcing eliminates staff-related concerns, allowing companies to focus on their core activities, with support from accounting experts.
Our job portal provides real-time tracking, offering visibility into the progress of tasks and projects, enhancing collaboration and transparency.
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