Tax Preparation

Professional and Accurate Tax Preparation Service

Tax Preparation

With Ishaan Prem tax preparation outsourcing services, all your organisations tax compliance workload will be taken care of. The team at Ishaan Prem will act as your own personal tax calculator and income tax department and manage this weighty, yet vital job of tax preparation and processing. This handover of workload, will see an increase in earnings with lower operating costs.

There are five stages in the process of filling tax returns:

Stage 1 - Scanned Documents: The client will send scanned documents.

Stage 2 - Data Entry of tax return information: The relevant data will be inputted into tax software.

Stage 3 - Auditing of tax returns: An audit of the tax return will then commence, to ensure all the information has be correctly inputted and accounted for.

Stage 4 - Review of Returns: The tax returns are then sent to the client via ASP/FTP to review.

Stage 5 - Submitting Prepared Tax Returns to the Clients: After the client reviews and finalizes the tax returns, the tax file is updated, and the client receives a final copy for income tax return filing prior to the due date.

The Tax Preparation services we provide:

  • Form 1040 (individuals)
  • Form 1065 (Partnerships)
  • Form 1120 (For companies and Corporations)
  • Examining, interpreting and classifying items on the balance sheet
  • Classifying and interpreting P/L items
  • Interpreting the taxability and treatment of various accounts

Our Federal Tax Return Services

  • Individual Income Taxes
  • ‘C' Corporation Income Taxes
  • ‘S' Corporation Income Taxes
  • Partnership Income Taxes
  • Fiduciary Income Taxes
  • Non-Profit Corporation Taxes
  • Heavy Equipment Use Taxes

Our State Tax Return Services

  • Individual Income Taxes (for all states)
  • Corporation Income Taxes
  • Partnership Income Taxes
  • Intangible Taxes
  • Tangible Taxes
  • Charter/Franchise Taxes

Why choose Ishaan Prem?

  • Lower operating costs
  • Increase efficiency
  • Over 50% cost savings when compared to a mainland firm
  • Increase in profit margins
  • An expert team for income tax return filing
  • Compliance to Sarbanes-Oxley
  • Regular training and upgrading of the financial team's knowledge and skills
  • Efficient workforce management, safeguarding low overheads