Tax Preparation and Filing Services
At Cynergy Consultancy, we provide expert tax preparation and filing services to ensure compliance for
individuals, businesses, trusts and non-profits. Our tailored solutions help you navigate complex tax
regulations efficiently and accurately.
Individuals: Preparation and filing of Form 1040 and associated schedules to
ensure accurate personal tax compliance.
Partnerships & LLCs: Management of Form 1065 with detailed preparation of
Schedule K-1, M-1, M-2 and M-3 ensuring accurate reporting of income and expenses.
Corporations: Comprehensive tax preparation for C-Corps (Form 1120) and
S-Corps (Form 1120-S) including Form 5471 and Form 5472, ensuring full compliance with corporate tax
laws.
Trusts & Estates: Meticulous preparation of Form 1041 for trusts and estates
to meet all tax obligations.
Non-Profits:Filing Form 990 to help maintain compliance for charitable
organizations, ensuring proper reporting of income and expenditures.
Expatriates: Preparation and filing of FBAR (FinCEN Form 114), Form 8938,
Form 1040-NR, Foreign tax credit (Form 1116), Foreign earned income exclusion (Form 2555) and expatriate
tax compliance.
State & Local Taxes (SALT): Multi-state tax filing services for seamless
state and local compliance across jurisdictions.
To deliver efficient and accurate tax services, we utilize a combination of industry-leading tools that
enhance the preparation process:
Tax Software: Drake, ProConnect, UltraTax, ProSeries, MyTaxPrep, TaxSlayer –
Powerful tax software platforms that help us provide precise and timely tax filings.
Project Management Tools: TaxDome, Canopy, Asana, Monday.com, Trello – These
tools help us stay organized and track the progress of each client’s tax filing process.
Communication & Collaboration: Slack, Teams, Skype – Facilitate seamless
communication between our team and clients.
Time Tracking & Productivity Tools: TSheets, Hubstaff, Timedoctor – Ensuring
accurate tracking of time and efficient service delivery.
Let Cynergy Consultancy handle your tax preparation and filing needs, providing you
with expert service and peace of mind.
Bookkeeping Services
Our bookkeeping solutions help businesses maintain accurate and organized financial records while
reducing the costs associated with an in-house team.
Daily Financial Record Management: Accurate and timely recording of all
transactions to ensure up-to-date financial data.
Transaction Categorization: Precise classification of transactions for clear
and streamlined financial reporting.
Proficiency with leading bookkeeping software, including QuickBooks, Xero, FreshBooks, Sage, and Zoho
Books, ensuring seamless collaboration and efficiency.
Partner with us to simplify your bookkeeping, streamline operations, and focus on
growing your business.
Accounting Service
Our accounting solutions provide a comprehensive and accurate view of your financial performance while
ensuring compliance with all relevant regulations. We help streamline your financial processes, so you
can focus on growing your business.
Monthly and Annual Reconciliations: Reconciliation of bank accounts, credit
cards, loans, and other financial records to maintain the accuracy and integrity of your data.
Financial Reporting:Preparation of detailed financial statements including
income statements, balance sheets, and cash flow reports for clear insights into your business's
financial health.
General Ledger Management: Accurate maintenance and reconciliation of your
general ledger to ensure financial data is complete and reliable.
Customized Reports:Tailored financial reports to meet specific client
requirements, offering deep insights for strategic decision-making.
Payroll Accounting:Comprehensive payroll accounting services with detailed
reports to ensure timely and accurate payment processing, while adhering to local and international
compliance standards.
Accounts Payable (AP) and Accounts Receivable (AR) Management: Efficient
management and updating of accounts payable and receivable records for smooth cash flow and operational
efficiency.
QuickBooks, Xero, Zoho Books, Sage, FreshBooks, Microsoft Excel, Expensify, Bill.com
Outsourcing accounting tasks to our skilled offshore team helps you save time and
resources while maintaining financial accuracy.
CPA Services
At Cynergy Consultancy, we act as an extension of your CPA practice, offering specialized support to
help you manage your workload more efficiently and cost-effectively. Our expert team is dedicated to
ensuring you can focus on what matters most—serving your clients and growing your business.
Tax Return Preparation Assistance:
Support for tax return preparation, ensuring accuracy, compliance, and timely submission. We leverage
tools like Drake, ProConnect, UltraTax, ProSeries, MyTaxPrep, and TaxSlayer to streamline the process
and ensure high-quality results.
Client Data Management:We handle the collection, organization, and analysis
of client data, ensuring fast and error-free processing. Tools like TaxDome, Canopy and Asana allow for
efficient data management and seamless integration with your systems.
Client Communication & Follow-up: We assist in managing client
communications, ensuring timely follow-ups, and keeping clients informed throughout the process. Slack,
Trello, MS Teams, Skype and Zoho CRM enable us to track communication and maintain smooth interactions
with your clients.
Client Onboarding Process: Streamline client onboarding with our efficient
process. We utilize Trello, Asana, and Zapier for workflow automation and client intake management,
ensuring a seamless experience.
Tax Resolution Support: Timely assistance for IRS tax resolution matters,
helping you resolve client issues promptly.
Bookkeeping Services: Bookkeeping support to help CPAs maintain accurate
financial records. Tools like QuickBooks, Xero, and FreshBooks ensure that we provide reliable,
organized financial data for your clients.
Financial Report Compilation: We provide support for creating precise
financial statements, trial balances, and year-end adjustments. We rely on QuickBooks, Sage, and Zoho
Books to produce professional reports tailored to your clients’ needs.
Workflow Optimization: We help streamline repetitive CPA tasks, enhance
operational efficiency, and reduce processing times.
Partner with Cynergy Consultancy to expand your service offerings, reduce costs, and
enhance your firm’s efficiency.