Expert outsourcing solutions for Tax, Accounting and Bookkeeping firms, CPAs and EAs
US tax and accounting firms rely on outsourcing and offshoring solutions to ensure timely and accurate execution of non-core compliance tasks for their clients. This allows them to focus on revenue-generating business building activities that help them expand their practice as well as engage their in-house staff in more productive work that brings value and profit to the firm.
Leverage the expertise of our experienced and trained tax and accounting professionals for all the labor and time-intensive accounting work you need to deliver to your clients. Accomplish a comprehensive range of financial processes for your business clients encompassing accounting services, audit services, payroll services and tax services. Become indispensable to your clients by addressing their complete tax, accounts and audit requirements without augmenting your staff or infrastructure.
Choose a best-fit engagement model from our range of flexible pricing options to achieve at least 50 per cent savings on direct costs for your firm.
Beat the stress of tax season peaks by leveraging our integrated solutions portfolio based on quick onboarding, seamless digital engagements and faster turnarounds.
As your outsourcing / offshoring partner, we provide you the assurance of:
- Accuracy
- Quick turnaround
- Compliant outcomes
- Support-centric operations
- Deep domain expertise
- Actionable insights
- Competitive pricing
A critical part of any business operation, traditional accounting functions deliver insightful information about the company’s performance and financial health. Management accounting provides visibility into the company’s expenditures and collections, and helps the organization meet compliance requirements; however, business accounting processes demand both time and resources.
Outsource your complete accounting and bookkeeping functions to MNCO. With us as your outsourcing partner, you have access to a full team of accounting professionals who understand your functional requirements, and provide tailored, compliant solutions aligned with your internal processes and benchmarked to the highest quality outcomes.
Our scope
| Day to day transactions | Preparation of financial statements | Cash flow forecasting |
| Year-end accounts | Bookkeeping | Bank Reconciliation |
| Accounts Payable Management | Accounts Receivable Management | Financial Reporting |
| General ledger services | Balance sheet reconciliations | Monthly accounting |
| Budgeting | Financial Statements Compilation | Profit and Loss accounts |
| Consolidation of Group Financial Statement | Financial Analysis and Modelling |
You will provide:
A completed custom checklist of documents based on the scope of engagement as well as access to your accounting software and any add-on applications.
We will deliver:
- Reconciliation reports
- General Ledger
- AR, AP Aging reports
- Financial Statements
- Custom Management reports
- Any other reports according to the scope of engagement
Tax returns preparation is a time- and resource-intensive process that places a heavy burden on accounting firms in terms of effective staff utilization. Seasonal peaks often see firms struggle with high volume tax returns processing for their clients, leaving them unable to invest time in core business development. However, having extra people onboard just to deal with the busy tax season workload is not an option as it would lead to less-than-efficient resource utilization for the rest of the year.
Given that their staff can be better deployed in higher value functions throughout the year, it makes good business sense for tax firms to outsource their tax returns processes, reducing overheads as well as staffing hassles. Navigate the hectic tax season smoothly and seamlessly by outsourcing your clients’ tax preparation work to MNCO.
Our qualified accountants are well-versed in US tax legislation governing corporation, business, partnership, trust, non-profit and individual tax returns and up to speed with the latest changes in the complex taxation landscape across federal, state and local jurisdictions. These capabilities enable us to deliver meticulous, compliant and accurate returns, prepared with optimum oversight within the specified deadlines. We work with multiple tax preparation software for seamless and swift execution and delivery with maximum data security.
Our scope
| Individual Tax Returns | Business Tax Returns | Partnership Tax Returns |
| Trust Tax Returns | Corporation Tax Returns | Estate & Gift Tax Returns |
| Payroll Returns | Sales and Use Tax Returns | State & Local Tax Compliance |
| Multi-State Tax Compliance | Tax Planning |
You will provide:
A completed custom checklist of documents based on the scope of engagement, previous year’s tax returns (as applicable); completed tax organizer; current year’s tax documents and information, as well as access to your tax software and any add-on applications.
We will deliver:
- Reviewed and completed tax returns
An essential step in the financial reporting journey, auditing is a highly analytical mechanism to confirm the authenticity and accuracy of a business’ financial performance. A highly time-intensive, detail-oriented process, auditing digs deep into financial records and corporate reports, and evaluates the data for consistency, quality and compliance.
By outsourcing your auditing requirements to MNCO, you can reduce the strain on your own resources and time, enhance your workflow efficiencies, and ensure error-free outcomes for your clients with rapid turnaround.
Our scope
| Financial data review and analysis | Inspection of internal audit process | Standards compliance |
| SSARS Reviews | Client interaction for audit queries | Management Audits |
| Statutory and non-statutory audits | Forensic audits |
You will provide:
A completed custom checklist of documents based on the scope of engagement as well as access to your accounting software and any add-on applications.
We will deliver:
- Completed Audit Workpaper file
- Audit and other reports as per scope of engagement
Payroll management is a major pain-point for companies across the board. The constantly changing regulatory compliances and time-consuming paperwork can create operational bottlenecks with expenses spiraling out of control, not to speak of the risk of penalties in the event of non-conformance.
We help you navigate this complex ecosystem for your clients through our end-to-end payroll outsourcing services for multiple industry domains, delivered by a dedicated team of experienced payroll administrators with expert knowledge of accounting processes and legislative compliance.
Our scope
| Payroll set-up and calculations | Payroll scheduling and processing | Payroll accounting |
| Payroll tax compliance | Payroll records maintenance | Payroll reports |
| Payroll tax reporting | Pension scheme administration | Timesheet processing |
| Statutory state and federal payroll tax returns |
You will provide:
A completed custom checklist of documents including W-4 forms, pay rates and attendance reports.
We will deliver:
- W2 and W4 reporting
- Quarterly and Annual Payroll returns
- Completed IRS 940 and 941 forms
- Any other reports as per scope of engagement
