Finally you can take on all the tax business in the state if you want, and get it all done on time - and done right.

In 2002 I went to Bangalore to train this group on how to use QuickBooks. We liked the crew, were impressed with their skill sets and admired their work ethic so much we started sending our own accounting and bookkeeping work to Cosmic.

That worked so well that in 2003 we told other accountants about the office and helped over 100 CPA firms set up back office workers at the India office.

Many firms now outsource

This is no longer a new idea. Today every one of the top 100 accounting firms in the US sends work to be done outside the firm.

For more then 10 years the top accounting firms in America have been using skilled tax preparers in India. Now you too, can tap into this knowledgeable work force without the overhead associated with setting up an office overseas.

Many firms in your neighborhood are using India and just don't say anything to you about it. Why should they? It's a strategic advantage to be able to get my work done at 25 and 35 cents on the dollar.

The CPA down the street hopes your listening to Lou Dobbs on CNN complain about outsourcing, while they have a high school girl scanning source documents and getting returns done overnight and done right.

Our clients span a broad list of industries.
Cosmic is currently providing their expertise to clients in the following industries:

Should I complete my tax return this year - or should I get an accountant to do it for me? With the end of the financial year less than a week away there's no doubt plenty of us will be pondering that question.

Expanding your practice means expanding your tax management and accounting resources. This would ordinarily mean setting up a full-time team of accountants that would require screening, hiring, training and compensation, not to mention maintaining them during off-peak months. This is where Cosmic advantage comes into play--Leverage our experienced, committed and highly qualified team of Tax Preparers to expand your opportunities without expanding your fixed costs.

One of the main benefits is that a good accountant will be able to help you navigate through all the tax-deductions available, and will also be across legislative changes which could affect your financial situation.

Impeccable Quality

From meticulous process monitoring, the company abides by all relevant Quality parameters to add value to your businesses through higher efficiency. At Cosmic, we understand that no two businesses are alike and we will implement adequate Quality measures to meet your custom requirements and deliver superior services.

How we get your Tax Returns Done

STEP 1: Individual tax organizers and source documents are sorted, scanned and sent electronically by the CPA firm with the previous year's return (using a data file from the tax software which may be proSystem fx, UltraTax, Proseries or Lacerate, Tax-wise etc ) to cosmic's secure US-based hosting site.

STEP 2: Cosmic's Tax compliance Manager Will overseas Tax compliance Analyst's (TCA) access the files using a secure server and process them remotely. No client documents ever leave the U.S.

STEP 3: Cosmic's TCA prepares review notes and send them to the CPA firm for clarification. Additionally, e-mails indicating that review notes for a specific taxpayer have been posted to the site and are awaiting review are automatically generated to appropriate contacts at the CPA firm.

STEP 4: once clarifications have been answered and open items cleared, the overseas TCA will completes the return, submits it to a supervisor for review and posts it to the cosmic's workflow management website for the CPA's final review and processing. We use YOUR software by ASP or Remote Access or your Tax software file for processing current year return.

1. Sales and service are provided by our Wyoming office

For more then 10 years the top accounting firms in America have been using skilled tax preparers in India. Now you too, can tap into this knowledgeable work force without the overhead associated with setting up an office overseas.

We have established a team of 20 trained tax preparers led by 2 Ernst & Young, chartered accountants. This team works on a ‘per return' basis. Use the graph below as a fee guideline. Since we have only trained 20 tax preparers we often reach our maximum capacity. If you are considering outsourcing tax returns do not wait till the last minute to contact us or we may not be able to accommodate you.

You will call our office in Wyoming where we will explain our turn around time, how we get paid and what you can expect from our tax team. Our minimum agreement is for 100 returns per year.

Thanks

KC, Kim and the entire Wyoming based GSC Team