Taxation
Fin-eX Outsourcing offers preparation for tax working papers, computation file as well as online filling with the relevant tax authorities. Our team of Tax experts calculate the exact tax your clients need to pay along with the applicable deadlines. Our tax returns filing services ensures the client is not paying more than what is obliged without incurring any late fees. Our IXBRL tagging service is provided by an experienced technical team, who tag the line items in your financial statements with the tax returns and undergo a two-tier review process to ensure they pass through the relevant tax authorities validation gateway. We use a broad range of tax software’s including ATX, Tax act, Pro Tax, Pro Connect, Expat file, Turbo Tax, H&R block.
Between rules about paid sick leave, unemployment insurance claims, stimulus check income, a pervasive shift to working from home, international and expatriate tax laws, there are multiple issues and all of which could have tax consequences. Let us roll up our sleeves and manage them for you.
Our expertise cover:
- US Citizens, Green Card Holders, and Other Residents Living in the US
- US Citizens and Green Card Holders Living Abroad
- Amnesty Relief for US Taxpayers with Undisclosed Foreign Assets and Unreported Foreign Income
- Nonresident Aliens of the US
- US and Foreign (Non-US) Entities Owned by Foreigners
- Foreign (Non-US) Entities Owned by US Persons
Tax Services include:
- Consultation, planning & structuring
- Cross Border & International Tax consulting
- Individual Income Tax Returns (1040 & 1040 NR)
- Income Tax Returns of Fiduciaries (1041)
- Income Tax Returns of Non-profit Organizations (990)
- Income Tax Returns of Partnerships (1065)
- Income Tax Returns of C Corporations (1120) & S Corporations (1120 S)
- Estate & Gift Tax Returns (706)
- IRS Forms including 433-A, 433-B, Form 433-F
- Payroll, Sales and Use Tax Returns for States, Preparation of Year End Reporting (1099s)
- State, local & Multi state taxation
- Expatriates & International Taxation
VAT returns
Including the following
Monthly/quarterly return
Online Registration
Use of the different Schemes
Summary report (monthly/quarterly/yearly)
Detailed report and reconciliations
Benefits of Outsourcing
your work to Fin-eX
01.
Reduced Employee Retention Risk
If the person in charge of your accounting and bookkeeping were to leave your business, you’d be left trying to fill in the gap. This would likely involve recruiting, hiring, training, and onboarding a new employee—as well as the costs that go along with these activities. What’s more, if you were to rely on just one person, the risk of fraud and theft could be an issue as well.
02.
Opportunity To
Grow
The price of putting an unqualified or inexperienced staff member in charge of your operations can be grave—even if you rely heavily on accounting software. If the information put into the software isn’t accurate, you won’t be able to rely on it to make important decisions. Outsourcing your accounting gives you peace of mind knowing that experts are in charge.
03.
Qualified Accountants
When you outsource your accounting to a third party, you have access to not just one person, but to a team of professionals. In other words, you have a deep well of expertise to tap into when you need it. With the right firm in place, you can have the skill set of an experienced accountant or a team of accountants at your fingertips. Most if not all of the employees hired by Fin-ex are ACCAs or ACAs with a lot of experience in UK accounting and tax matters. Get a turn key support from us.
We were turning new clients away due to workload and resource issues. Since outsourcing Accounts Preparation and Bookkeeping to Fin-eX, we are able to focus more on business development. The work approach of the team at Fin-eX which is dedicated to us is excellent