Studio MFP’s Accounting and Taxation Support team provides an array of services in bookkeeping, accounting, and taxation to CPAs, accounting firms, entrepreneurs, and individuals.
Our qualified accounting professionals have a minimum of five years of international accounting experience, and can provide valuable support to your existing accounting department or act as a virtual accounting team depending on the level of support you need. Once we understand and get familiar with your books of accounts and accounting procedures, we can start handle all your routine day-to-day tasks such as preparing Invoices, updating bills, applying customer payments to invoices, issuing checks to outstanding bills, updating and reconciling bank and credit card transactions, maintaining accounts receivable and accounts payable, handling complex accounting systems for multiple location-based organizations and also supporting the preparation of US tax returns for CPAs.
Below is a range of support that our Virtual Assistants provide to our clients:
Go-system, Drake, Pro-Series, Pro-System, Pro-FX, Turbo Tax, Ultra Tax Lacerte, ATX, etc.
The following is the process followed for tax preparation (Only for US CPAs):
Send us the scanned source documents, organizers and tax preparation instructions from your clients
Provide tax software access through Could9 or Remote Desktop Process (RDP) and provide login credentials for access
Review tax returns prepared by us
Studio MFP Responsibilities:
Tax preparer prepares the tax return and updates the current year’s working papers
The reviewer reviews the tax return and makes a list of open items
We update work status on a day-to-day basis for you
Move the completed files (workings) from the local system to Client FTP or Server for review