Services


Financial Reporting Services

  • Audit
  • Review
  • Compilation
  • Forecast & Projections

Financial statements serve as the basis for business strategy, loan rationale, and measuring company performance. Our analytical ability and presentations provide full value to the client and to third-party financial statement users.

Audits, Review and Compilations

Tax Return Outsource views our role in the financial reporting process as an opportunity to provide constructive solutions for maximizing your company's profitability and efficiency. Tax Return Outsource provides financial reporting on all three levels of assurance:

  • Audit- an intensive examination with the highest level of assurance
  • Review- some analytical procedures conducted with limited assurance
  • Compilation- based upon client information provided and used primarily for internal use

Our reviews and audits, which adhere to all applicable standards

  • Produce comprehensive, accurate financial reports for management and third parties
  • Identify areas of financial statement risk and lower the probability of material misstatement
  • Inform you of relevant accounting standards and help you implement new pronouncements
  • Increase the value of your business by identifying more cost-effective policies and strategies

Budget Analysis

Tax Return Outsource can help make to your budget a reliable tool for growth and prosperity. Our thorough knowledge across a wide array of industries gives us the insight we need to find ways to control operating expenses, identify underdeveloped revenue sources, evaluate staffing needs, and analyze discrepancies between your budget and actual expenses and revenues. We apply a range of approaches-zero-based budgeting, top-down and bottom-up budgeting, comparison to industry norms, and many others-to help you strengthen this important business tool.


Client Accounting Services


  • Accounting systems
  • Bank statement reconciliation
  • Asset depreciation
  • General ledger
  • Financial statement preparation
  • Payroll & sales tax returns

Tax Return Outsource assists in establishing basic accounting records, preparation of financial statements and various tax returns including income, sales, property and payroll.

Tax Return Outsource can assist in the preparation of your financial statements in accordance with professional standards. The financial statements produced can be a useful tool for management for making financial decisions.

As a business grows, it must hire more employees, which can result in increased payroll administration. Tax Return Outsource can assist you in implementing the controls necessary to ensure a reliable, efficient and effective payroll system. Tax Return Outsource can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner. Tax Return Outsource can assist in the compilation of information and preparation of sales tax returns in an efficient and timely manner.


Tax Services


Planning Assistance

Our tax professionals help clients to forecast annual income and develop strategies to minimize future taxes. We help clients who have estate or individual planning needs to ensure that they will achieve maximum tax savings while still meeting specific financial and family goals.

Our tax professionals present clients with different options, using financial models to highlight the various long-term advantages and disadvantages for each option. These professionals help clients understand all of these options before making any decisions. Tax planning is not a one-time process. Every change in a business's, family's or individual's financial status might have significant tax ramifications. Our professionals are always available to offer the best tax advice for each client's circumstances.

  • Tax return preparation
  • Business & personal tax planning
  • Personal financial consulting
  • Multi-state & international tax services

Tax Return Outsource provides a broad expertise in federal and multi-state tax matters. We specialize in complex business and individual situations. In addition, one of our objectives is to encourage business development through tax planning, in order to minimize taxes for our clients. Estate and Business Succession Planning are key components of effective tax planning. Our experts consider every aspect of your situation, including short and long term goals and priorities and continually update your plans as your financial situation changes to maximize tax savings and meet your objectives.

We are highly proficient at meeting all reporting requirements, including preparation of business and individual returns. By helping organizations and individuals understand the tax implications of their decisions, our tax services go beyond mere tax preparation. Tax requirements are an ever-changing area, and one that requires detailed, up-to-date knowledge. This is where we excel for our clients -keeping them informed regarding tax changes that affect them. Our ultimate goal is to add value to your business by helping you plan the most effective tax strategies available.

Tax Return Outsource offers services relating to all matters of tax planning and preparation. By keeping current on new tax laws and legislation, we are in a position to identify key tax planning opportunities that minimize both your current and future tax liabilities. Through our myriad of tax services, we are confident that our highly qualified tax professionals will help you achieve your tax planning goals and objectives.

Tax Return Outsource professionally trained staff analyzes your company's financial affairs and makes recommendations based on current case law, IRS interpretations, pending legislation and professional judgment.

It is our goal to assist clients in obtaining the most beneficial tax position consistent with legal and ethical considerations through the use of effective tax planning.

Estate and Trust Planning

Effective estate and trust planning facilitates the orderly transfer of assets to your beneficiaries, provides security for your surviving spouse and can reduce or eliminate the tax due on the transfer of your business and other assets. For business owners, providing for business continuity and succession of ownership is essential. Tax Return Outsource can guide you through the complex process of getting your financial affairs in order and offer advice regarding appropriate planning tools, such as family limited partnerships, personal residence trusts, charitable trust, life insurance trusts and other irrevocable trusts.

Gift Tax and Estate Tax Returns

Tax Return Outsource has experienced staffs who are qualified to prepare gift and estate tax returns. Tax Return Outsource understands the various elections and disclosures required complying with the law and that will allow you to minimize your tax liability.

Income Tax Planning and Preparations

Tax planning and preparation form a winning combination for our successful individual and business clients. We can service the following entities:

  • Individuals
  • Corporations
  • Limited Liability Companies
  • Not-For-Profits
  • Partnerships
  • Private Foundations

International Taxation

Our experience with the taxation of the US residents working abroad and foreign citizens working in the US has provided us with an extensive base of knowledge in the area of international taxation.

Our Team Provides

  • Comprehensive documentation of tax saving recommendations
  • Thoughtful & proper tax counsel
  • Assistance in implementing changes
  • A detailed analysis of fixed asset records & property tax returns
  • Thorough identification of fee-in-lieu assets
  • Technical guidance & assistance through the tax-filing maze
  • Preparation of current & amended property tax returns