We are more than just your accountants, we are your competitive edge.
Maximize your returns, minimize your stress. Offshore Tax Preparation Services
Individual Tax Returns (1040):
- Gather client information
- Review client organizer
- Compare with prior year tax returns
- Initial review and send missing items list to the client
- Tax returns preparation
- E-file diagnostic clearance
- Client follow-up / communication
- Workflow management using SurePrep, Canopy and/or other practice management tool
- Tax returns review
- Tax Planning Support/Analysis
- Continuing Professional Education
Business Tax Returns (1120/1120S/1065)
- Review financial statements
- Review prior year returns, ownership structure etc.
- Prepare tax workpapers - identify M-1/M-3 items
- Identify special filing requirements such as applicability of GILTI/5471/5472/FBAR etc.
- Prepare tax workpapers to calculate book vs. tax adjustments
- Prepare tax returns
- E-file diagnostic clearance
- Client follow-up / communication
- Workflow management using SurePrep, Canopy and/or other practice management tool
- Tax returns review
- Tax Planning Support/Analysis
Efficient, reliable, offshore accounting solutions Offshore Accounting Services
- Vendor master data management
- Purchase order (PO) management
- Invoice processing & three-way check
- Vendor helpdesk
- Vendor payment & reconciliation
- AP aging reporting & analysis
- Expense management
- Customized processes based on the business requirements.
- Customer master data management
- Billing, credit & adjustments
- Credit control & debt collections
- Customer helpdesk
- Customer deposits applications and reconciliations
- AR aging analysis & DSO optimization requirements.
- Inventory tracking including sku management.
- Inventory valuation
- Inventory optimization
- Order fulfilment
- Forecasting & planning
- Inventory analysis & reporting management
- Payroll processing
- Payroll tax management and monthly/quarterly/annual payroll tax
returns filings - Employee benefits management
- Time and attendance management
- Payroll reporting and compliance
- New hire onboarding and paperwork management business requirements.Payroll cost analysis
- Payroll system implementation and integration
- Payroll audit and review
- Month-End periodic closing
- General ledger maintenance
- Banking reconciliation
- Treasure management support
- Estimated tax calculations & tracking tax accruals
- US GAAP compliance and implementation such as ASC 606 & ASC 842
- Fund accounting
- Fixed assets & depreciation accounting
- Job-cost accounting
- Project profitability reporting
- Financial Statements preparation
- Audit support services
- Budgeting & Forecasting
- Financial modelling
- Performance management & analysis
- Variance analysis
- Cost analysis
- Investment analysis
- Strategic planning assistance
- Cash flow management
- Financial reporting
- Business valuation
- Advanced Excel automation
- Robotic Process Automaton (“RPA”)
- Automation Anywhere
- System implementation, data migration support
- Recruitment
- Employee benefit administration
- Performance management
- Training & development tracking
- Compliance management
We do the heavy lifting as part of our audit support services enabling onshore audit teams to engage with the clients and create a better audit workflow overall. With qualified and experienced chartered accountants in our team, we can work with our clients efficiently to prepare accurate audit workpapers and carry out the following:
- Communicating with the audit clients for resolution of audit open item
- Migrating and/or rolling forward of electronic audit file to next year in the audit software
- Migration from traditional excel audit file to a software file
- Performing casting procedures on accounts for internal consistency, mathematical accuracy and agreeing on lead schedules with final accounts
- Reviewing financial statements of companies/charities/trusts
- Check accounts for their compliance with the relevant accounting standards.
- Prepare open items lists to report errors to the onshore audit team to adjust the financial statements.
How We work Join the millions who save cost by offshoring!
Experienced
Tax experts and CPAs with years of experience do your taxes for you
Data Security
KMK is committed to ensuring the security and confidentiality of our clients' financial information.
Quality Control
We recognize the importance of quality control in delivering accurate and reliable financial reporting to our clients.
Technology
KMK team is well versed with wide range of accounting, payroll, and tax softwares.
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Why Choose us What do we offer with our offshore staffing solutions?
Dedicated Staff
Our dedicated staff model ensures that you have a team of experts solely dedicated to your project,
Sustainability
We provide a sustainable staffing solution to our clients. Despite our lower attrition rate on year-on-year basis
Standard Workflows
During transition phase and knowledge transfer stage, our team will prepare a detailed document
Responsiveness
As our internal best practice, we follow 24 hours TAT (Turn Around Time) to respond back to any emails/calls.
Quality Control
We have a rigorous quality control process to ensure that our services meet the highest standards of quality
All-in-one Accounting Solutions Incredibly Accurate Work
Outsourced Accounting Solutions Are you looking for outsourced accounting solutions?
Outsourced Tax Preparation Are you facing accounting issues during tax season?
We provide end-to-end accounting services including day to day bookkeeping, accounts receivable and accounts payable management, payroll processing, general ledger maintenance etc.
