outsourced accounting Why CPA and Accounting Firms are Outsourcing work to India?

Outsourcing services are begetting a raging demand in nations like the USA and Canada. These advanced economies want to wield their businesses to a grander scale with the increased availability of adept and economical services from countries like India. Many might have witnessed the trend amongst various CPA and Accounting Firms to opt for the

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covid19 cares act How are Employer Leave-Based Donation Programs helping Americans during COVID-19?

2020 has proved to be perturbing for the entire world. We all are struggling to keep our heads above water during this COVID-19 crisis. The United States has been one of the worst-hit nations in this Health Disaster. Akin to most countries, where various schemes and programs have been launched to rehabilitate their citizens, the

accounting Best Virtual Accounting Services in India

Accounting and Bookkeeping services are one of the primary requirements of any business. In the last few decades, everyone has seen the creation of a flourishing hub for Virtual Accounting Services in India. Conventionally, business entities maintain an Accounting Staff on-site to handle the various Bookkeeping and Accounting needs. However, employing and retaining an in-house

accounting How is Technology Effectively Impacting Accounting Service Industry?

The 21st Century is the eon of Advanced Computer Technology. There is hardly any arena that has not witnessed the charm of technology. Software and Applications have enabled us to solve any complexity with utter simplicity. Accounting Sector has not been oblivious to the magic of Computer Technology. In the past few decades, there has

payroll Payroll Processing Services in India

Managing payroll internally is labor-intensive, time-consuming, and costly. When you outsource payroll, you will be able to save valuable time your employee spend in some of the following areas: Calculation of payroll Determine tax obligations Provide management reports Prepare checks When you outsource to Payroll Processing Services in India, you can save time and resource

tax preparation Expanding Horizons of Your Services with Expat Taxation, Here’s how Outsourcing can help you.

The renowned Scientist Albert Einstein aptly said, “The hardest thing in the world to understand is the Income Tax.” The realm of taxation seems to be denser to penetrate than the Amazon Rainforests with thousands of sections and clauses included in the Tax Laws. However, taxation also presents diverse avenues for professionals like Tax Outsourcing

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outsourced accounting Top Benefits tapped by Outsourcing Accounting Services to India

The transformation caused by Globalization paved the path for new methods of doing business. One of the most prominent abilities derived from Globalization, coupled with the IT boom, is Business Outsourcing. Budding entities worldwide are harnessing the power of outsourcing for their myriad core as well as non-core business tasks. The South Asian nations, mainly

tax What does the Revived Form 1099-NEC entail for Taxpayers in 2020?

The Internal Revenue Services officially released the Form 1099-NEC in December 2019. After a hiatus of about 38 years, this Form has been reinstated from the tax year 2020. The revamped Form substitutes the Box 7 of Form 1099-MISC. It is to be used for declaring Non-Employee Compensation, as the acronym NEC denotes. Form 1099-NEC

covid19 cares act Paycheck Protection Program Loan Forgiveness

So finally, your clients were lucky enough to lay their hands on the money put on the table by the CARES Act in the form of PPP loans! Congratulations! By the way, those clients still wanting to get a piece of this cake, they do not need to worry, more funding is already approved, so

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